Settings8H · net · $10k
Funding arb · Price arb /

KITE

all KITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: Extended against BingX−0.045%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1251.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.045%, 7d avg +0.026%
Together, before fees+0.164%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.071% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KITE-USDT0.11900.0100pay 0.0050% / 4h1h 17m$6.5M
ShortExtended KITE-USD0.11890.0104get 0.0013% / 1h17m 15s$16K$150K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: −0.045% → +0.026%
−$7.11
Slippage, 4 orders
−$109.86
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$131.13
Costs to cover
1.249%
Break-even
1099.8 days
Slippage from BingX: live order book, 9 min ago; Extended: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago5.47 bp21.4 bp −$2150.1 bp −$501769.2 bp −$76.9K1209.5 bp −$604.8K
Sell Extended live order book, 63 min ago2.95 bp46.8 bp −$47277.4 bp −$2,774doesn't fitdoesn't fit

KITE on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KITE-USDT+0.0081%4h0.1188−0.134%$821K$58K10xas long as short
Binance KITEUSDT+0.0100%4h0.1190−0.025%$19.8M$5.8M10xas long as short
Bybit KITEUSDT+0.0100%4h0.1190−0.017%$1.1M$2.5M25xas long as short
OKX KITE-USDT-SWAP+0.0100%4h0.1190−0.025%$998K$303K10xas long as short
MEXC KITE_USDT+0.0100%4h0.1190−0.017%$736K$250K50xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1190−0.008%$408K$58K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1191+0.092%$2.6M$398K10xas long as short
BingX KITE-USDTlong+0.0100%4h0.1190long leg$6.5M
Variational Omni KITE+0.0100%4h0.1189−0.088%$10K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1189−0.042%$2K$1.3M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KITE-USDshort+0.0104%1h0.1189−0.045%$16K$150K10x
Aster KITEUSDT+0.0245%4h0.11900.000%$8.2M$101K5xas long as short
Gate KITE_USDT+0.0316%4h0.1189−0.050%$537K$228K25xas long as short