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 −0.014%

Price spread now: SunX against Bybit+0.063%46s7-day average −0.034% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on SunX

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)−0.018%−$2 · spread now +0.063%, 7d avg −0.034%

Together, before fees−0.019%−$2 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: SunX is 0.098% dearer against Bybit than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.034%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KITEUSDT	0.1261	0.0100	pay 0.0050% / 4h	3h 42m	$1.3M	$3.4M	25x
Short	SunX KITE-USDT	0.1261	0.0100	get 0.0050% / 4h	3h 42m	$1K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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 BybitbpFee SunXbpOrdersPrice spread, now +0.063%Rate

Funding earned: $0
Price spread: +0.063% → −0.034%: $9.78
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$9.22
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 min ago; SunX: live order book, 12 min ago. Net counts fees only.

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 Bybit live order book, 5 min ago	5.95 bp	53.7 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 12 min ago	500.14 bp	doesn't fit	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	+0.0061%	4h	0.1262	+0.103%	$885K	$53K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1262	+0.124%	$21.3M	$7.6M	10x	as long as short
Bybit KITEUSDTlong	+0.0100%	4h	0.1261	long leg	$1.3M	$3.4M	25x
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1259	−0.119%	$1.1M	$643K	10x	as long as short
Gate KITE_USDT	+0.0100%	4h	0.1262	+0.095%	$586K	$273K	25x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1262	+0.103%	$945K	$278K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1260	−0.032%	$419K	$104K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1261	+0.024%	$2.6M	$1.0M	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1261	+0.048%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1261	+0.027%	$11K	$10K	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX KITE-USDTshort	+0.0100%	4h	0.1261	+0.063%	$1K	$1.6M	20x
Extended KITE-USD	+0.0104%	1h	0.1262	+0.089%	$25K	$192K	10x	as long as short
Aster KITEUSDT	+0.0381%	4h	0.1262	+0.113%	$8.7M	$132K	5x	as long as short