Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bitget−0.172%7-day average −0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,763as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,770as in the Price arb table

costs, in and out, $10k−$1,76217.623% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.172%, 7d avg −0.094%

Together, before fees+0.168%+$17 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: KuCoin is 0.078% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.094%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KITEUSDT	0.1218	0.0100	pay 0.0050% / 4h	2h 37m	$2.7M	$735K	10x
Short	KuCoin KITEUSDTM	0.1216	0.0100	get 0.0050% / 4h	2h 37m	$417K	$66K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now −0.172%Rate

Funding earned: $0
Price spread: −0.172% → −0.094%: −$7.85
Slippage, 4 orders: −$1,738.25
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,770.1
Costs to cover: 17.623%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 20 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 4 min ago	5.76 bp	23.9 bp −$24	59.9 bp −$599	doesn't fit	doesn't fit
Sell KuCoin live order book, 20 min ago	14.71 bp	508.7 bp −$509	doesn't fit	doesn't fit	doesn't fit

KITE on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance KITEUSDT	+0.0100%	4h	0.1218	−0.057%	$20.3M	$6.5M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1216	−0.197%	$1.0M	$407K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1218	−0.066%	$743K	$242K	50x	as long as short
KuCoin KITEUSDTMshort	+0.0100%	4h	0.1216	−0.172%	$417K	$66K	10x
Bitget KITEUSDTlong	+0.0100%	4h	0.1218	long leg	$2.7M	$735K	10x
Variational Omni KITE	+0.0100%	4h	0.1213	−0.443%	$11K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1214	−0.386%	$2K	$1.4M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1217	−0.077%	$17K	$179K	10x	as long as short
BloFin KITE-USDT	+0.0107%	4h	0.1213	−0.427%	$850K	$50K	10x	as long as short
Aster KITEUSDT	+0.0496%	4h	0.1217	−0.139%	$8.4M	$110K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KITE_USDT	+0.0620%	4h	0.1217	−0.090%	$565K	$245K	25x	as long as short
BingX KITE-USDT	+0.0647%	4h	0.1217	−0.115%	—	$6.5M	—	as long as short
Bybit KITEUSDT	+0.0652%	4h	0.1218	−0.008%	$1.2M	$2.9M	25x	as long as short