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 −0.018%

Price spread now: KuCoin against Bybit+0.025%7-day average −0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,670as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,664as in the Price arb table

costs, in and out, $10k−$1,67016.697% of the position

Long on Bybit 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)−0.058%−$6 · spread now +0.025%, 7d avg −0.036%

Together, before fees−0.062%−$6 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 0.061% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KITEUSDT	0.1186	0.0100	pay 0.0050% / 4h	1h 30m	$1.1M	$2.5M	25x
Short	KuCoin KITEUSDTM	0.1187	0.0100	get 0.0050% / 4h	1h 30m	$408K	$56K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.025%Rate

Funding earned: $0
Price spread: +0.025% → −0.036%: $6.12
Slippage, 4 orders: −$1,646.72
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,663.59
Costs to cover: 16.697%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 41 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 Bybit live order book, 2 min ago	2.52 bp	52.8 bp −$53	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 41 min ago	10.57 bp	491.0 bp −$491	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	0.1187	+0.091%	$19.8M	$5.8M	10x	as long as short
Bybit KITEUSDTlong	+0.0100%	4h	0.1186	long leg	$1.1M	$2.5M	25x
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1186	−0.042%	$995K	$303K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1187	+0.084%	$735K	$249K	50x	as long as short
KuCoin KITEUSDTMshort	+0.0100%	4h	0.1187	+0.025%	$408K	$56K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1189	+0.194%	$2.6M	$394K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1187	+0.101%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1188	+0.169%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1187	+0.017%	$1K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1187	+0.066%	$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	+0.0143%	4h	0.1189	+0.219%	$822K	$58K	10x	as long as short
Aster KITEUSDT	+0.0224%	4h	0.1188	+0.150%	$8.2M	$106K	5x	as long as short
Gate KITE_USDT	+0.0290%	4h	0.1189	+0.202%	$536K	$227K	25x	as long as short