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

KITE

all KITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.02 per $10,000 · paid last 24h +0.012%
Price spread now: BingX against BloFin−0.109%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$650.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.109%, 7d avg −0.069%
Together, before fees+0.081%+$8 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: BingX is 0.040% cheaper against BloFin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin KITE-USDT0.11910.0104pay 0.0052% / 4h5m 07s$820K$57K10x
ShortBingX KITE-USDT0.11900.0100get 0.0050% / 4h5m 07s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$0.77
Price spread: −0.109% → −0.069%
−$4.04
Slippage, 4 orders
−$43.45
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$70.26
Costs to cover
0.654%
Break-even
never at this rate
Slippage from BloFin: live order book, 7 min ago; BingX: live order book, 6 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 BloFin live order book, 7 min ago2.10 bp10.6 bp −$1131.7 bp −$317doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago5.46 bp17.4 bp −$1743.4 bp −$434375.2 bp −$37.5K919.1 bp −$459.6K

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
Binance KITEUSDT+0.0100%4h0.1191−0.040%$19.8M$5.7M10xas long as short
Bybit KITEUSDT+0.0100%4h0.1190−0.092%$1.1M$2.5M25xas long as short
OKX KITE-USDT-SWAP+0.0100%4h0.1188−0.294%$997K$298K10xas long as short
MEXC KITE_USDT+0.0100%4h0.1190−0.059%$725K$252K50xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1191−0.017%$410K$59K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1190−0.076%$2.6M$371K10xas long as short
BingX KITE-USDTshort+0.0100%4h0.1190−0.109%$6.5M
Variational Omni KITE+0.0100%4h0.1190−0.068%$10K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1189−0.168%$2K$1.2M20xas long as short
BloFin KITE-USDTlong+0.0104%4h0.1191long leg$820K$57K10x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KITE-USD+0.0104%1h0.1190−0.054%$16K$150K10xas long as short
Aster KITEUSDT+0.0363%4h0.1191−0.026%$8.2M$101K5xas long as short
Gate KITE_USDT+0.0384%4h0.1191−0.008%$537K$229K25xas long as short