Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against OKX−0.016%47s7-day average +0.096% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.016%, 7d avg +0.096%

Together, before fees+0.130%+$13 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: SunX is 0.112% cheaper against OKX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.096%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KITE-USDT-SWAP	0.1223	0.0100	pay 0.0050% / 4h	2h 56m	$1.1M	$401K	10x
Short	SunX KITE-USDT	0.1223	0.0100	get 0.0050% / 4h	2h 56m	$2K	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → +0.096%: −$11.19
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$29.19
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 5 min ago; SunX: live order book, 8 min ago. Net counts fees only.

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	6.95 bp	27.8 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	497.67 bp	doesn't fit	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
BloFin KITE-USDT	+0.0075%	4h	0.1224	+0.057%	$678K	$50K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1226	+0.218%	$20.5M	$6.4M	10x	as long as short
OKX KITE-USDT-SWAPlong	+0.0100%	4h	0.1223	long leg	$1.1M	$401K	10x
MEXC KITE_USDT	+0.0100%	4h	0.1225	+0.155%	$746K	$241K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1224	+0.049%	$420K	$66K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1224	+0.057%	$2.7M	$689K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1224	+0.060%	$11K	$13K	—	as long as short
SunX KITE-USDTshort	+0.0100%	4h	0.1223	−0.016%	$2K	$1.4M	20x
Extended KITE-USD	+0.0104%	1h	0.1225	+0.193%	$17K	$184K	10x	as long as short
Aster KITEUSDT	+0.0522%	4h	0.1225	+0.139%	$8.5M	$108K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KITE_USDT	+0.0746%	4h	0.1224	+0.106%	$568K	$243K	25x	as long as short
BingX KITE-USDT	+0.0894%	4h	0.1225	+0.180%	—	$6.5M	—	as long as short
Bybit KITEUSDT	+0.0992%	4h	0.1224	+0.082%	$1.2M	$2.9M	25x	as long as short