Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: Binance against KuCoin+0.104%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,636as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,633as in the Price arb table

costs, in and out, $10k−$1,63816.376% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.104%, 7d avg +0.058%

Together, before fees−0.057%−$6 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 0.046% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KITEUSDTM	0.1255	0.0100	pay 0.0050% / 4h	1h 20m	$443K	$88K	10x
Short	Binance KITEUSDT	0.1256	0.0100	get 0.0050% / 4h	1h 20m	$21.2M	$7.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → +0.058%: $4.58
Slippage, 4 orders: −$1,615.61
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1,633.03
Costs to cover: 16.376%
Break-even: never at this rate

Slippage from KuCoin: live order book, 22 min ago; Binance: live order book, 5 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 KuCoin live order book, 22 min ago	18.94 bp	1034.5 bp −$1,035	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	1.20 bp	15.5 bp −$15	56.7 bp −$567	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
Binance KITEUSDTshort	+0.0100%	4h	0.1256	+0.104%	$21.2M	$7.1M	10x
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1255	+0.032%	$1.1M	$516K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1256	+0.112%	$964K	$270K	50x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1255	long leg	$443K	$88K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1257	+0.167%	$2.8M	$812K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1252	−0.209%	$11K	$11K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1255	−0.016%	$2K	$1.5M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1257	+0.151%	$20K	$186K	10x	as long as short
BloFin KITE-USDT	+0.0133%	4h	0.1254	−0.064%	$877K	$52K	10x	as long as short
BingX KITE-USDT	+0.0220%	4h	0.1256	+0.088%	—	$6.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit KITEUSDT	+0.0249%	4h	0.1256	+0.096%	$1.2M	$3.1M	25x	as long as short
Aster KITEUSDT	+0.0424%	4h	0.1254	−0.030%	$8.7M	$118K	5x	as long as short
Gate KITE_USDT	+0.0470%	4h	0.1256	+0.128%	$585K	$258K	25x	as long as short