Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against KuCoin+0.134%7-day average +0.098% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,478as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,474as in the Price arb table

costs, in and out, $10k−$1,47814.780% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.134%, 7d avg +0.098%

Together, before fees−0.130%−$13 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: Bitget is 0.036% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.098%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KITEUSDTM	0.1191	0.0100	pay 0.0050% / 4h	19m 47s	$410K	$60K	10x
Short	Bitget KITEUSDT	0.1193	0.0100	get 0.0050% / 4h	19m 47s	$2.6M	$393K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.134%Rate

Funding earned: $0
Price spread: +0.134% → +0.098%: $3.63
Slippage, 4 orders: −$1,454.04
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$1,474.41
Costs to cover: 14.780%
Break-even: never at this rate

Slippage from KuCoin: live order book, 42 min ago; Bitget: live order book, 3 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, 42 min ago	15.07 bp	857.1 bp −$857	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	6.29 bp	30.4 bp −$30	66.2 bp −$662	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	+0.0060%	4h	0.1190	−0.067%	$823K	$57K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1192	+0.048%	$19.8M	$5.8M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1190	−0.084%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1189	−0.185%	$998K	$302K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1191	0.000%	$720K	$248K	50x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1191	long leg	$410K	$60K	10x
Bitget KITEUSDTshort	+0.0100%	4h	0.1193	+0.134%	$2.6M	$393K	10x
BingX KITE-USDT	+0.0100%	4h	0.1191	0.000%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1191	−0.009%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1190	−0.143%	$2K	$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-USD	+0.0104%	1h	0.1191	+0.020%	$16K	$150K	10x	as long as short
Aster KITEUSDT	+0.0375%	4h	0.1191	−0.042%	$8.2M	$103K	5x	as long as short
Gate KITE_USDT	+0.0394%	4h	0.1192	+0.025%	$537K	$229K	25x	as long as short