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 −0.017%

Price spread now: KuCoin against BingX+0.017%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,618as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,612as in the Price arb table

costs, in and out, $10k−$1,61516.154% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.017%, 7d avg −0.018%

Together, before fees+0.043%+$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: KuCoin is 0.035% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX KITE-USDT	0.1185	0.0100	pay 0.0050% / 4h	1h 47m	—	$6.5M	—
Short	KuCoin KITEUSDTM	0.1185	0.0100	get 0.0050% / 4h	1h 47m	$407K	$56K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → −0.018%: $3.53
Slippage, 4 orders: −$1,593.42
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,611.89
Costs to cover: 16.154%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 24 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 BingX live order book, 4 min ago	5.49 bp	27.4 bp −$27	71.4 bp −$714	822.0 bp −$82.2K	1246.8 bp −$623.4K
Sell KuCoin live order book, 24 min ago	10.57 bp	491.0 bp −$491	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
BloFin KITE-USDT	+0.0079%	4h	0.1184	−0.059%	$820K	$58K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1185	+0.025%	$19.8M	$5.8M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1184	−0.093%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1183	−0.127%	$991K	$301K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1186	+0.076%	$734K	$248K	50x	as long as short
KuCoin KITEUSDTMshort	+0.0100%	4h	0.1185	+0.017%	$407K	$56K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1184	−0.068%	$2.6M	$387K	10x	as long as short
BingX KITE-USDTlong	+0.0100%	4h	0.1185	long leg	—	$6.5M	—
Variational Omni KITE	+0.0100%	4h	0.1185	−0.030%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1185	−0.025%	$1K	$1.3M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KITE-USD	+0.0104%	1h	0.1185	+0.012%	$16K	$150K	10x	as long as short
Aster KITEUSDT	+0.0197%	4h	0.1185	+0.031%	$8.2M	$109K	5x	as long as short
Gate KITE_USDT	+0.0202%	4h	0.1185	+0.042%	$534K	$224K	25x	as long as short