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: Binance against KuCoin+0.024%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,595as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,601as in the Price arb table

costs, in and out, $10k−$1,59715.967% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.024%, 7d avg +0.065%

Together, before fees+0.052%+$5 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: Binance is 0.041% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KITEUSDTM	0.1191	0.0100	pay 0.0050% / 4h	1h 08m	$407K	$59K	10x
Short	Binance KITEUSDT	0.1191	0.0100	get 0.0050% / 4h	1h 08m	$19.9M	$5.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.024%Rate

Funding earned: $0
Price spread: +0.024% → +0.065%: −$4.09
Slippage, 4 orders: −$1,574.73
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1,600.82
Costs to cover: 15.967%
Break-even: never at this rate

Slippage from KuCoin: live order book, 63 min ago; Binance: live order book, 2 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 KuCoin live order book, 63 min ago	10.57 bp	1075.6 bp −$1,076	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.42 bp	13.3 bp −$13	48.0 bp −$480	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 KITEUSDTshort	+0.0100%	4h	0.1191	+0.024%	$19.9M	$5.8M	10x
Bybit KITEUSDT	+0.0100%	4h	0.1192	+0.025%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1189	−0.168%	$998K	$302K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1191	+0.017%	$738K	$250K	50x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1191	long leg	$407K	$59K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1191	−0.025%	$2.6M	$397K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1192	+0.025%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1190	−0.093%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1191	−0.042%	$2K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1191	−0.004%	$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	+0.0137%	4h	0.1191	−0.008%	$650K	$58K	10x	as long as short
Aster KITEUSDT	+0.0249%	4h	0.1191	+0.008%	$8.3M	$101K	5x	as long as short
Gate KITE_USDT	+0.0362%	4h	0.1192	+0.059%	$538K	$228K	25x	as long as short