Settings8H · net · $10k
Funding arb · Price arb /

KITE

all KITE markets
SwapBacktest
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 −0.010%
Price spread now: OKX against Binance−0.269%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1201.199% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 7 days+0.122%+$12 · spread now −0.269%, 7d avg −0.121%
Together, before fees+0.083%+$8 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 0.148% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.121%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KITEUSDT0.12270.0100pay 0.0050% / 4h1h 49m$20.5M$6.6M10x
ShortOKX KITE-USDT-SWAP0.12240.0100get 0.0050% / 4h1h 49m$1.1M$455K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: −0.269% → −0.121%
−$14.8
Slippage, 4 orders
−$99.89
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$134.68
Costs to cover
1.199%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; OKX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 6 min ago0.41 bp17.6 bp −$1854.9 bp −$549doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago5.71 bp38.8 bp −$39doesn't fitdoesn't fitdoesn't fit

KITE on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance KITEUSDTlong+0.0100%4h0.1227long leg$20.5M$6.6M10x
OKX KITE-USDT-SWAPshort+0.0100%4h0.1224−0.269%$1.1M$455K10x
MEXC KITE_USDT+0.0100%4h0.1228+0.049%$893K$260K50xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1229+0.138%$434K$82K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1227−0.024%$2.7M$789K10xas long as short
Variational Omni KITE+0.0100%4h0.1226−0.098%$11K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.12270.000%$1K$1.4M20xas long as short
Extended KITE-USD+0.0104%1h0.1227−0.026%$18K$181K10xas long as short
BloFin KITE-USDT+0.0138%4h0.1227−0.016%$852K$51K10xas long as short
Bybit KITEUSDT+0.0157%4h0.1227−0.049%$1.2M$3.0M25xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KITE-USDT+0.0214%4h0.1227−0.073%$6.5Mas long as short
Gate KITE_USDT+0.0348%4h0.1228+0.073%$573K$250K25xas long as short
Aster KITEUSDT+0.0379%4h0.1228+0.024%$8.5M$115K5xas long as short