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: MEXC against Binance−0.031%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$480.484% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.031%, 7d avg −0.004%

Together, before fees−0.042%−$4 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: MEXC is 0.027% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance KITEUSDT	0.1204	0.0100	pay 0.0050% / 4h	3h 26m	$20.1M	$5.8M	10x
Short	MEXC KITE_USDT	0.1203	0.0100	get 0.0050% / 4h	3h 26m	$786K	$296K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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 BinancebpFee MEXCbpOrdersPrice spread, now −0.031%Rate

Funding earned: $0
Price spread: −0.031% → −0.004%: −$2.73
Slippage, 4 orders: −$30.35
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$51.08
Costs to cover: 0.484%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; MEXC: live order book, 39 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 Binance live order book, 15 min ago	0.42 bp	16.3 bp −$16	61.6 bp −$616	doesn't fit	doesn't fit
Sell MEXC live order book, 39 min ago	1.26 bp	9.8 bp −$10	59.5 bp −$595	250.9 bp −$25.1K	697.8 bp −$348.9K

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	+0.0056%	4h	0.1201	−0.255%	$832K	$57K	10x	as long as short
Binance KITEUSDTlong	+0.0100%	4h	0.1204	long leg	$20.1M	$5.8M	10x
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1202	−0.189%	$1.0M	$302K	10x	as long as short
MEXC KITE_USDTshort	+0.0100%	4h	0.1203	−0.031%	$786K	$296K	50x
KuCoin KITEUSDTM	+0.0100%	4h	0.1203	−0.089%	$412K	$60K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1203	−0.056%	$2.7M	$448K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1203	−0.035%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1202	−0.181%	$2K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1202	−0.114%	$17K	$120K	10x	as long as short
Aster KITEUSDT	+0.0445%	4h	0.1201	−0.269%	$8.3M	$104K	5x	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	+0.0626%	4h	0.1203	−0.064%	—	$6.5M	—	as long as short
Gate KITE_USDT	+0.0796%	4h	0.1203	−0.031%	$542K	$216K	25x	as long as short
Bybit KITEUSDT	+0.0882%	4h	0.1204	+0.010%	$1.1M	$2.5M	25x	as long as short