Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: Binance against Bitget+0.058%7-day average −0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$830.831% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 7 days−0.290%−$29 · spread now +0.058%, 7d avg −0.060%

Together, before fees−0.280%−$28 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: Binance is 0.118% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KITEUSDT	0.1322	0.0100	pay 0.0050% / 4h	10m 21s	$2.7M	$1.4M	10x
Short	Binance KITEUSDT	0.1322	0.0100	get 0.0050% / 4h	10m 21s	$22.4M	$9.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.058%Rate

Funding earned: $0
Price spread: +0.058% → −0.060%: $11.76
Slippage, 4 orders: −$61.11
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$71.35
Costs to cover: 0.831%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 9 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 Bitget live order book, 5 min ago	6.03 bp	30.3 bp −$30	63.0 bp −$630	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.38 bp	14.7 bp −$15	40.1 bp −$401	doesn't fit	doesn't fit

KITE on 13 exchanges

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	+0.0068%	4h	0.1325	+0.235%	$936K	$63K	10x	as long as short
Binance KITEUSDTshort	+0.0100%	4h	0.1322	+0.058%	$22.4M	$9.9M	10x
Bybit KITEUSDT	+0.0100%	4h	0.1322	+0.030%	$1.5M	$4.2M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1319	−0.212%	$1.2M	$1.4M	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1322	+0.023%	$872K	$435K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1320	−0.098%	$459K	$142K	10x	as long as short
Bitget KITEUSDTlong	+0.0100%	4h	0.1322	long leg	$2.7M	$1.4M	10x
BingX KITE-USDT	+0.0100%	4h	0.1322	+0.015%	—	$6.6M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1324	+0.150%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1320	−0.129%	$1K	$2.0M	20x	as long as short

Show all 13 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KITE-USD	+0.0104%	1h	0.1321	−0.022%	$26K	$211K	10x	as long as short
Aster KITEUSDT	+0.0300%	4h	0.1322	+0.059%	$9.2M	$172K	5x	as long as short
Gate KITE_USDT	+0.0330%	4h	0.1322	0.000%	$625K	$425K	25x	as long as short