KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h +0.018%

Price spread now: Bybit against KuCoin+0.080%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,635as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,631as in the Price arb table

costs, in and out, $10k−$1,63616.358% of the position

Long on KuCoin Short on Bybit

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)−0.084%−$8 · spread now +0.080%, 7d avg +0.031%

Together, before fees−0.080%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.049% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KITEUSDTM	0.1251	0.0100	pay 0.0050% / 4h	1h 28m	$442K	$88K	10x
Short	Bybit KITEUSDT	0.1252	0.0188	get 0.0094% / 4h	1h 28m	$1.2M	$3.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.080%Rate

Funding earned: $18.38
Price spread: +0.080% → +0.031%: $4.89
Slippage, 4 orders: −$1,612.8
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,612.53
Costs to cover: 16.358%
Break-even: 621.0 days

Slippage from KuCoin: live order book, 15 min ago; Bybit: live order book, 9 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, 15 min ago	18.94 bp	1034.5 bp −$1,035	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 9 min ago	0.80 bp	6.3 bp −$6	319.6 bp −$3,196	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	0.1252	+0.064%	$875K	$52K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1252	+0.037%	$21.1M	$7.0M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1251	−0.048%	$1.1M	$511K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1251	−0.040%	$955K	$269K	50x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1251	long leg	$442K	$88K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1251	0.000%	$2.8M	$803K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1253	+0.110%	$11K	$11K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1251	−0.024%	$2K	$1.5M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1250	−0.070%	$19K	$186K	10x	as long as short
BingX KITE-USDT	+0.0106%	4h	0.1251	−0.008%	—	$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 KITEUSDTshort	+0.0188%	4h	0.1252	+0.080%	$1.2M	$3.1M	25x
Aster KITEUSDT	+0.0422%	4h	0.1252	+0.064%	$8.7M	$118K	5x	as long as short
Gate KITE_USDT	+0.0442%	4h	0.1252	+0.096%	$583K	$258K	25x	as long as short