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: Extended against OKX−0.093%7-day average +0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1561.564% 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)+0.196%+$20 · spread now −0.093%, 7d avg +0.127%
Together, before fees+0.242%+ Points / potential airdropExtended: Active · farm board+$24 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: Extended is 0.220% cheaper against OKX than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KITE-USDT-SWAP0.12160.0100pay 0.0050% / 4h2h 38m$1.0M$407K10x
ShortExtended KITE-USD0.12150.0104get 0.0013% / 1h38m 14s$17K$179K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.093% → +0.127%
−$22.05
Slippage, 4 orders
−$141.41
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$177.62
Costs to cover
1.564%
Break-even
1487.1 days
Slippage from OKX: live order book, 3 min ago; Extended: live order book, 35 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, 3 min ago7.84 bp29.9 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 35 min ago4.09 bp47.0 bp −$47300.2 bp −$3,002doesn'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
Binance KITEUSDT+0.0100%4h0.1217+0.132%$20.3M$6.5M10xas long as short
OKX KITE-USDT-SWAPlong+0.0100%4h0.1216long leg$1.0M$407K10x
MEXC KITE_USDT+0.0100%4h0.1216−0.033%$742K$242K50xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1215−0.099%$417K$66K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1218+0.206%$2.7M$735K10xas long as short
Variational Omni KITE+0.0100%4h0.1213−0.239%$11K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1214−0.181%$2K$1.4M20xas long as short
Extended KITE-USDshort+0.0104%1h0.1215−0.093%$17K$179K10x
BloFin KITE-USDT+0.0107%4h0.1213−0.222%$850K$50K10xas long as short
Aster KITEUSDT+0.0496%4h0.1217+0.050%$8.4M$110K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate KITE_USDT+0.0620%4h0.1215−0.066%$564K$244K25xas long as short
Bybit KITEUSDT+0.0652%4h0.1218+0.206%$1.2M$2.9M25xas long as short
BingX KITE-USDT+0.0664%4h0.1215−0.090%$6.5Mas long as short