Settings8H · net · $10k
My profile
Funding arb · Price arb / Crypto

KITE

All KITE markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
OKX SpotKITE-USDT
0.1154spotno funding——$209K1xBuy OKX Spot
SHORT
OKXKITE-USDT-SWAP
0.1155+0.0100get 0.0050% / 4h3h 46m$1.1M$661K10xShort OKX
Price gap+0.022%
Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.102% above its 7d average: +$10 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$19+0.0100% /8h now · paid +0.189% over the last 7D
Price+$10spread +0.022% now, avg −0.081% → +0.102% if it goes back
Costs−$2142.142% of $10k · taker + slippage, in and out
Result−$185−1.85%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.022%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

KITE on 14 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Watch: Thin at this size74.7 / 39.8 bp
    At $10k entering OKX Spot costs 74.7 bp, fee and slippage, 1.9× OKX’s.
  • Note: Spot in full, margin on the short$10,000 + $1,000
    The spot leg is bought with the whole $10k; OKX runs at up to 10x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on OKX.
  • OK: Only the short pays funding— / 4h
    The spot leg pays no funding; OKX settles every 4h.
    Next 24h at the current rates, on $10k a leg: +$3.00Long OKX Spot: 0 payments, $0.00; short OKX: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.022% vs −0.081%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Note: Spot has no open interest$1.1M OI
    Only OKX reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCOKX Spot Yes · OKX Yes
    Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0090%/8h × 21 periods+$18.85
Price spread+0.022% → −0.081% (7d avg)+$10.22
Slippage, 4 orderslive order books−$184.18
Fee OKX Spot bp × 2 orders−$20.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$185.11
Costs to cover2.142%Break-even75.7 days
Slippage: OKX Spot: live order book, 13 min ago; OKX: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOKX Spot7.8774.7 bp−$751622.7 bp−$16.2Kdoesn’t fitdoesn’t fit
SELL · SHORTOKX3.9039.8 bp−$40doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert