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

KITE

all KITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against Bitget−0.058%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$920.918% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 7 days+0.019%+$2 · spread now −0.058%, 7d avg −0.064%
Together, before fees+0.029%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KITEUSDT0.11980.0100pay 0.0050% / 4h2h 10m$2.7M$490K10x
ShortBinance KITEUSDT0.11970.0121get 0.0060% / 4h2h 10m$20.0M$5.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$4.38
Price spread: −0.058% → −0.064%
$0.57
Slippage, 4 orders
−$69.81
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$86.86
Costs to cover
0.918%
Break-even
145.9 days
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 1 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 Bitget live order book, 2 min ago10.01 bp25.5 bp −$2585.6 bp −$856doesn't fitdoesn't fit
Sell Binance live order book, 1 min ago2.09 bp17.8 bp −$1854.4 bp −$544doesn't fitdoesn't fit

KITE on 12 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
OKX KITE-USDT-SWAP+0.0100%4h0.1195−0.250%$1.0M$320K10xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1198+0.025%$412K$59K10xas long as short
Bitget KITEUSDTlong+0.0100%4h0.1198long leg$2.7M$490K10x
Variational Omni KITE+0.0100%4h0.1199+0.066%$10K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1198+0.008%$1K$1.3M20xas long as short
MEXC KITE_USDT+0.0116%4h0.1197−0.067%$744K$310K50xas long as short
Extended KITE-USD+0.0120%1h0.1197−0.083%$16K$92K10xas long as short
Binance KITEUSDTshort+0.0121%4h0.1197−0.058%$20.0M$5.9M10x
Gate KITE_USDT+0.0208%4h0.1199+0.067%$540K$242K25xas long as short
Aster KITEUSDT+0.0509%4h0.1197−0.058%$8.3M$98K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KITE-USDT+0.1380%4h0.1197−0.075%$6.5Mas long as short
Bybit KITEUSDT+0.1500%4h0.1198+0.008%$1.3M$2.6M25xas long as short