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: OKX against SunX0.000%7-day average −0.089% · you sell dearer than you buy

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

Long on SunX Short on OKX

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)−0.097%−$10 · spread now 0.000%, 7d avg −0.089%

Together, before fees−0.126%−$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: OKX is 0.089% dearer against SunX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX KITE-USDT	0.1214	0.0100	pay 0.0050% / 4h	2h 23m	$2K	$1.4M	20x
Short	OKX KITE-USDT-SWAP	0.1214	0.0100	get 0.0050% / 4h	2h 23m	$1.0M	$418K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.089%: $8.93
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$9.07
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 11 min ago; OKX: live order book, 3 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, 11 min ago	500.64 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	6.61 bp	31.3 bp −$31	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	0.1215	+0.074%	$20.3M	$6.5M	10x	as long as short
OKX KITE-USDT-SWAPshort	+0.0100%	4h	0.1214	0.000%	$1.0M	$418K	10x
MEXC KITE_USDT	+0.0100%	4h	0.1215	+0.074%	$883K	$263K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1215	+0.049%	$417K	$66K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1214	−0.025%	$2.7M	$755K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1212	−0.218%	$11K	$13K	—	as long as short
SunX KITE-USDTlong	+0.0100%	4h	0.1214	long leg	$2K	$1.4M	20x
Extended KITE-USD	+0.0104%	1h	0.1215	+0.047%	$18K	$182K	10x	as long as short
BloFin KITE-USDT	+0.0129%	4h	0.1213	−0.058%	$847K	$50K	10x	as long as short
Bybit KITEUSDT	+0.0381%	4h	0.1214	+0.008%	$1.2M	$2.9M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KITE-USDT	+0.0416%	4h	0.1215	+0.025%	—	$6.5M	—	as long as short
Gate KITE_USDT	+0.0424%	4h	0.1213	−0.058%	$563K	$246K	25x	as long as short
Aster KITEUSDT	+0.0451%	4h	0.1213	−0.099%	$8.4M	$111K	5x	as long as short