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

KITE

all KITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against OKX+0.146%7-day average +0.151% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1111.111% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.146%, 7d avg +0.151%
Together, before fees+0.044%+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.151%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KITE-USDT-SWAP0.11970.0100pay 0.0050% / 4h2h 06m$1.0M$317K10x
ShortBinance KITEUSDT0.11990.0119get 0.0060% / 4h2h 06m$20.0M$5.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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
$4.06
Price spread: +0.146% → +0.151%
−$0.53
Slippage, 4 orders
−$91.11
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$107.59
Costs to cover
1.111%
Break-even
192.6 days
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 5 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 OKX live order book, 5 min ago7.10 bp38.5 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 5 min ago2.09 bp17.8 bp −$1854.4 bp −$544doesn't fitdoesn't fit

KITE on 12 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
OKX KITE-USDT-SWAPlong+0.0100%4h0.1197long leg$1.0M$317K10x
KuCoin KITEUSDTM+0.0100%4h0.1198+0.109%$412K$59K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1199+0.175%$2.7M$487K10xas long as short
Variational Omni KITE+0.0100%4h0.1199+0.141%$10K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1197+0.017%$2K$1.3M20xas long as short
MEXC KITE_USDT+0.0116%4h0.1198+0.125%$744K$310K50xas long as short
Binance KITEUSDTshort+0.0119%4h0.1199+0.146%$20.0M$5.9M10x
Extended KITE-USD+0.0120%1h0.1198+0.073%$16K$92K10xas long as short
Gate KITE_USDT+0.0200%4h0.1198+0.109%$539K$242K25xas long as short
Aster KITEUSDT+0.0498%4h0.1197+0.006%$8.3M$98K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KITE-USDT+0.1412%4h0.1198+0.117%$6.5Mas long as short
Bybit KITEUSDT+0.1512%4h0.1198+0.134%$1.3M$2.6M25xas long as short