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

KITE

all KITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.010%
Price spread now: OKX against Extended−0.167%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1581.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.167%, 7d avg −0.127%
Together, before fees+0.018%+ Points / potential airdropExtended: Active · farm board+$2 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: OKX is 0.040% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KITE-USD0.12200.0104pay 0.0013% / 1h19m 47s$18K$182K10x
ShortOKX KITE-USDT-SWAP0.12180.0100get 0.0050% / 4h2h 19m$1.0M$422K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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
−$0.84
Price spread: −0.167% → −0.127%
−$3.99
Slippage, 4 orders
−$143.32
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$163.15
Costs to cover
1.583%
Break-even
never at this rate
Slippage from Extended: live order book, 53 min ago; OKX: live order book, 2 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 Extended live order book, 53 min ago4.09 bp43.1 bp −$43281.9 bp −$2,819doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago7.79 bp30.7 bp −$31doesn't fitdoesn't fitdoesn't fit

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
BloFin KITE-USDT+0.0041%4h0.1223+0.202%$850K$50K10xas long as short
Binance KITEUSDT+0.0100%4h0.1221+0.020%$20.4M$6.5M10xas long as short
OKX KITE-USDT-SWAPshort+0.0100%4h0.1218−0.167%$1.0M$422K10x
MEXC KITE_USDT+0.0100%4h0.1221+0.013%$887K$263K50xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1223+0.193%$446K$77K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1221+0.030%$2.7M$759K10xas long as short
Variational Omni KITE+0.0100%4h0.1220−0.041%$11K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1220−0.028%$2K$1.4M20xas long as short
Extended KITE-USDlong+0.0104%1h0.1220long leg$18K$182K10x
BingX KITE-USDT+0.0382%4h0.1220−0.003%$6.5Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster KITEUSDT+0.0467%4h0.1221+0.087%$8.5M$112K5xas long as short
Bybit KITEUSDT+0.0481%4h0.1220−0.028%$1.2M$2.9M25xas long as short
Gate KITE_USDT+0.0490%4h0.1221+0.071%$567K$246K25xas long as short