Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%

Price spread now: MEXC against Extended+0.037%7-day average +0.017% · you sell dearer than you buy

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−$1071.070% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.037%, 7d avg +0.017%

Together, before fees−0.098%+ Points / potential airdropExtended: Active · farm board−$10 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: MEXC is 0.020% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended KITE-USD	0.1193	0.0104	pay 0.0013% / 1h	45m 57s	$16K	$150K	10x
Short	MEXC KITE_USDT	0.1194	0.0100	get 0.0050% / 4h	45m 57s	$739K	$243K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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 ExtendedbpFee MEXCbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$0.84
Price spread: +0.037% → +0.017%: $2
Slippage, 4 orders: −$93.95
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$105.79
Costs to cover: 1.070%
Break-even: never at this rate

Slippage from Extended: live order book, 30 min ago; MEXC: 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 Extended live order book, 30 min ago	3.79 bp	35.7 bp −$36	232.2 bp −$2,322	doesn't fit	doesn't fit
Sell MEXC live order book, 24 min ago	0.42 bp	10.0 bp −$10	35.6 bp −$356	248.5 bp −$24.9K	800.5 bp −$400.2K

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	+0.0099%	4h	0.1192	−0.139%	$821K	$58K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1194	+0.037%	$19.9M	$5.8M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1193	−0.039%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1193	−0.039%	$1.0M	$302K	10x	as long as short
MEXC KITE_USDTshort	+0.0100%	4h	0.1194	+0.037%	$739K	$243K	50x
KuCoin KITEUSDTM	+0.0100%	4h	0.1192	−0.123%	$406K	$59K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1196	+0.179%	$2.6M	$401K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1194	+0.012%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1197	+0.330%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1192	−0.106%	$1K	$1.2M	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-USDlong	+0.0104%	1h	0.1193	long leg	$16K	$150K	10x
Aster KITEUSDT	+0.0363%	4h	0.1193	−0.075%	$8.3M	$102K	5x	as long as short
Gate KITE_USDT	+0.0504%	4h	0.1193	−0.064%	$538K	$228K	25x	as long as short