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

KITE

all KITE markets
SwapBacktest
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: OKX against Bitget−0.184%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1051.050% of the position
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)+0.081%+$8 · spread now −0.184%, 7d avg −0.187%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KITEUSDT0.11990.0100pay 0.0050% / 4h3h 32m$2.7M$427K10x
ShortOKX KITE-USDT-SWAP0.11970.0100get 0.0050% / 4h3h 32m$1.0M$303K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: −0.184% → −0.187%
$0.39
Slippage, 4 orders
−$82.97
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$104.58
Costs to cover
1.050%
Break-even
never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: live order book, 4 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 Bitget live order book, 5 min ago5.43 bp24.7 bp −$2596.3 bp −$963doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago6.25 bp30.5 bp −$31doesn'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 KITEUSDT+0.0100%4h0.1198−0.042%$20.0M$5.8M10xas long as short
OKX KITE-USDT-SWAPshort+0.0100%4h0.1197−0.184%$1.0M$303K10x
MEXC KITE_USDT+0.0100%4h0.1199−0.017%$783K$296K50xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1197−0.150%$410K$59K10xas long as short
Bitget KITEUSDTlong+0.0100%4h0.1199long leg$2.7M$427K10x
Variational Omni KITE+0.0100%4h0.1201+0.214%$10K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1197−0.167%$2K$1.3M20xas long as short
Extended KITE-USD+0.0104%1h0.1198−0.048%$16K$141K10xas long as short
BloFin KITE-USDT+0.0114%4h0.1200+0.117%$824K$57K10xas long as short
Aster KITEUSDT+0.0427%4h0.11990.000%$8.3M$104K5xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit KITEUSDT+0.0570%4h0.1198−0.083%$1.1M$2.5M25xas long as short
Gate KITE_USDT+0.0594%4h0.11990.000%$540K$216K25xas long as short
BingX KITE-USDT+0.0598%4h0.1198−0.092%$6.5Mas long as short