Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against OKX+0.217%7-day average +0.090% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,415as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,405as in the Price arb table

costs, in and out, $10k−$1,41714.174% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.217%, 7d avg +0.090%

Together, before fees−0.086%−$9 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: KuCoin is 0.127% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KITE-USDT-SWAP	0.1197	0.0100	pay 0.0050% / 4h	3h 36m	$1.0M	$303K	10x
Short	KuCoin KITEUSDTM	0.1199	0.0100	get 0.0050% / 4h	3h 36m	$411K	$60K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee OKXbpFee KuCoinbpOrdersPrice spread, now +0.217%Rate

Funding earned: $0
Price spread: +0.217% → +0.090%: $12.73
Slippage, 4 orders: −$1,395.39
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,404.66
Costs to cover: 14.174%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 15 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 OKX live order book, 5 min ago	5.45 bp	33.0 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 15 min ago	13.46 bp	557.0 bp −$557	doesn't fit	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 KITEUSDT	+0.0100%	4h	0.1200	+0.323%	$20.0M	$5.9M	10x	as long as short
OKX KITE-USDT-SWAPlong	+0.0100%	4h	0.1197	long leg	$1.0M	$303K	10x
MEXC KITE_USDT	+0.0100%	4h	0.1199	+0.226%	$770K	$294K	50x	as long as short
KuCoin KITEUSDTMshort	+0.0100%	4h	0.1199	+0.217%	$411K	$60K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1201	+0.359%	$2.7M	$433K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1195	−0.149%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1196	−0.084%	$2K	$1.3M	20x	as long as short
BloFin KITE-USDT	+0.0102%	4h	0.1198	+0.117%	$825K	$57K	10x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1198	+0.148%	$16K	$148K	10x	as long as short
Aster KITEUSDT	+0.0421%	4h	0.1198	+0.117%	$8.3M	$102K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit KITEUSDT	+0.0501%	4h	0.1199	+0.242%	$1.1M	$2.5M	25x	as long as short
Gate KITE_USDT	+0.0558%	4h	0.1198	+0.150%	$540K	$216K	25x	as long as short
BingX KITE-USDT	+0.0598%	4h	0.1200	+0.301%	—	$6.5M	—	as long as short