Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.012%

Price spread now: Extended against KuCoin+0.074%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,414as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,412as in the Price arb table

costs, in and out, $10k−$1,41614.165% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.074%, 7d avg +0.032%

Together, before fees−0.014%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Extended is 0.042% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KITEUSDTM	0.1318	0.0100	pay 0.0050% / 4h	1h 30m	$474K	$129K	10x
Short	Extended KITE-USD	0.1319	0.0112	get 0.0014% / 1h	30m 39s	$22K	$190K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now +0.074%Rate

Funding earned: $2.52
Price spread: +0.074% → +0.032%: $4.21
Slippage, 4 orders: −$1,399.45
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$1,409.73
Costs to cover: 14.165%
Break-even: 3922.9 days

Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 13 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, 4 min ago	25.16 bp	739.4 bp −$739	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 13 min ago	3.80 bp	50.5 bp −$51	286.0 bp −$2,860	doesn't fit	doesn't fit

KITE on 13 exchanges

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
Bybit KITEUSDT	+0.0100%	4h	0.1318	−0.015%	$1.5M	$3.8M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1317	−0.083%	$1.2M	$895K	10x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1318	long leg	$474K	$129K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1319	+0.099%	$2.7M	$1.3M	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1316	−0.145%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1317	−0.068%	$2K	$1.7M	20x	as long as short
MEXC KITE_USDT	+0.0110%	4h	0.1319	+0.068%	$855K	$363K	50x	as long as short
Binance KITEUSDT	+0.0112%	4h	0.1319	+0.087%	$22.3M	$8.4M	10x	as long as short
Extended KITE-USDshort	+0.0112%	1h	0.1319	+0.074%	$22K	$190K	10x
BingX KITE-USDT	+0.0128%	4h	0.1319	+0.068%	—	$6.6M	—	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KITE-USDT	+0.0160%	4h	0.1320	+0.190%	$932K	$57K	10x	as long as short
Gate KITE_USDT	+0.0426%	4h	0.1320	+0.159%	$632K	$296K	25x	as long as short
Aster KITEUSDT	+0.0427%	4h	0.1320	+0.152%	$9.1M	$160K	5x	as long as short