Funding arb · Price arb /

KITE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.010%

Price spread now: Extended against KuCoin+0.114%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,504as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,498as in the Price arb table

costs, in and out, $10k−$1,50615.061% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)+0.274%+$27 · spread now +0.114%, 7d avg +0.034%

Together, before fees+0.295%+ Points / potential airdropExtended: Active · farm board+$30 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: Extended is 0.080% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KITEUSDTM	0.1277	0.0100	pay 0.0050% / 4h	3h 18m	$440K	$112K	10x
Short	Extended KITE-USD	0.1279	0.0104	get 0.0013% / 1h	18m 54s	$26K	$190K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.114%Rate

Funding earned: $0.84
Price spread: +0.114% → +0.034%: $7.97
Slippage, 4 orders: −$1,489.12
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$1,497.3
Costs to cover: 15.061%
Break-even: 12484.5 days

Slippage from KuCoin: live order book, 4 min ago; Extended: live order book, 39 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, 4 min ago	16.47 bp	824.7 bp −$825	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 39 min ago	3.16 bp	34.1 bp −$34	240.7 bp −$2,407	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	+0.0087%	4h	0.1279	+0.149%	$716K	$53K	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1278	+0.023%	$1.3M	$3.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1278	+0.016%	$1.1M	$710K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1279	+0.117%	$862K	$314K	50x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1277	long leg	$440K	$112K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1277	−0.047%	$2.6M	$1.1M	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1279	+0.117%	—	$6.6M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1277	+0.009%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1278	+0.039%	$1K	$1.6M	20x	as long as short
Binance KITEUSDT	+0.0101%	4h	0.1278	+0.078%	$21.6M	$7.8M	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KITE-USDshort	+0.0104%	1h	0.1279	+0.114%	$26K	$190K	10x
Aster KITEUSDT	+0.0376%	4h	0.1278	+0.031%	$8.8M	$136K	5x	as long as short
Gate KITE_USDT	+0.0464%	4h	0.1280	+0.188%	$593K	$281K	25x	as long as short