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

KITE

all KITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.010%
Price spread now: OKX against Extended−0.028%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1421.415% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.028%, 7d avg −0.127%
Together, before fees−0.136%+ Points / potential airdropExtended: Active · farm board−$14 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: OKX is 0.099% dearer against Extended than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KITE-USD0.12590.0104pay 0.0013% / 1h50m 59s$20K$182K10x
ShortOKX KITE-USDT-SWAP0.12580.0100get 0.0050% / 4h50m 59s$1.1M$578K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
−$0.84
Price spread: −0.028% → −0.127%
$9.94
Slippage, 4 orders
−$126.52
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$132.42
Costs to cover
1.415%
Break-even
never at this rate
Slippage from Extended: live order book, 12 min ago; OKX: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 12 min ago3.58 bp41.5 bp −$41267.5 bp −$2,675doesn't fitdoesn't fit
Sell OKX live order book, just now5.97 bp26.3 bp −$26doesn'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%4h0.1259+0.027%$21.2M$7.3M10xas long as short
Bybit KITEUSDT+0.0100%4h0.1257−0.123%$1.3M$3.2M25xas long as short
OKX KITE-USDT-SWAPshort+0.0100%4h0.1258−0.028%$1.1M$578K10x
MEXC KITE_USDT+0.0100%4h0.1259+0.020%$937K$272K50xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1259+0.028%$453K$90K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1259+0.060%$2.8M$874K10xas long as short
BingX KITE-USDT+0.0100%4h0.1258−0.028%$6.5Mas long as short
Variational Omni KITE+0.0100%4h0.1254−0.336%$11K$10Kas long as short
SunX KITE-USDT+0.0100%4h0.1257−0.091%$1K$1.5M20xas long as short
Extended KITE-USDlong+0.0104%1h0.1259long leg$20K$182K10x
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KITE-USDT+0.0120%4h0.1260+0.083%$878K$52K10xas long as short
Aster KITEUSDT+0.0366%4h0.1260+0.088%$8.7M$123K5xas long as short
Gate KITE_USDT+0.0400%4h0.1258−0.012%$587K$269K25xas long as short