Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: MEXC against Bitget+0.051%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$730.727% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.051%, 7d avg −0.035%

Together, before fees−0.041%−$4 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: MEXC is 0.086% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KITEUSDT	0.1185	0.0100	pay 0.0050% / 4h	2h 50m	$2.6M	$387K	10x
Short	MEXC KITE_USDT	0.1185	0.0100	get 0.0050% / 4h	2h 50m	$734K	$252K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → −0.035%: $8.6
Slippage, 4 orders: −$52.7
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$64.1
Costs to cover: 0.727%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; MEXC: live order book, 33 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, 2 min ago	8.01 bp	18.0 bp −$18	54.2 bp −$542	doesn't fit	doesn't fit
Sell MEXC live order book, 33 min ago	0.85 bp	9.4 bp −$9	55.0 bp −$550	249.9 bp −$25.0K	816.7 bp −$408.4K

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	0.1186	+0.066%	$19.8M	$5.9M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1185	+0.034%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1183	−0.160%	$990K	$309K	10x	as long as short
MEXC KITE_USDTshort	+0.0100%	4h	0.1185	+0.051%	$734K	$252K	50x
KuCoin KITEUSDTM	+0.0100%	4h	0.1185	+0.017%	$407K	$56K	10x	as long as short
Bitget KITEUSDTlong	+0.0100%	4h	0.1185	long leg	$2.6M	$387K	10x
BingX KITE-USDT	+0.0100%	4h	0.1185	+0.008%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1182	−0.212%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1184	−0.059%	$2K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1185	+0.057%	$16K	$150K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KITE-USDT	+0.0123%	4h	0.1185	+0.008%	$821K	$60K	10x	as long as short
Aster KITEUSDT	+0.0300%	4h	0.1186	+0.059%	$8.2M	$112K	5x	as long as short
Gate KITE_USDT	+0.0360%	4h	0.1186	+0.076%	$534K	$227K	25x	as long as short