Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bitget against SunX+0.168%7-day average +0.083% · you sell dearer than you buy

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

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.110%−$11 · spread now +0.168%, 7d avg +0.083%

Together, before fees−0.110%−$11 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: Bitget is 0.085% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX KITE-USDT	0.1190	0.0100	pay 0.0050% / 4h	11m 52s	$1K	$1.2M	20x
Short	Bitget KITEUSDT	0.1192	0.0100	get 0.0050% / 4h	11m 52s	$2.6M	$393K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now +0.168%Rate

Funding earned: $0
Price spread: +0.168% → +0.083%: $8.47
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$11.53
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 2 min ago; Bitget: live order book, 6 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 SunX live order book, 2 min ago	500.40 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 6 min ago	6.71 bp	33.9 bp −$34	62.8 bp −$628	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	+0.0070%	4h	0.1191	+0.109%	$821K	$57K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1191	+0.080%	$19.8M	$5.8M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1191	+0.059%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1189	−0.076%	$998K	$301K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1190	+0.025%	$720K	$248K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1192	+0.151%	$410K	$60K	10x	as long as short
Bitget KITEUSDTshort	+0.0100%	4h	0.1192	+0.168%	$2.6M	$393K	10x
BingX KITE-USDT	+0.0100%	4h	0.1191	+0.059%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1192	+0.128%	$10K	$13K	—	as long as short
SunX KITE-USDTlong	+0.0100%	4h	0.1190	long leg	$1K	$1.2M	20x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KITE-USD	+0.0104%	1h	0.1190	−0.024%	$16K	$150K	10x	as long as short
Aster KITEUSDT	+0.0372%	4h	0.1191	+0.050%	$8.2M	$103K	5x	as long as short
Gate KITE_USDT	+0.0406%	4h	0.1192	+0.134%	$538K	$229K	25x	as long as short