Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against MEXC+0.008%7-day average −0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,368as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,360as in the Price arb table

costs, in and out, $10k−$1,36713.666% of the position

Long on MEXC Short on KuCoin

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)+0.031%+$3 · spread now +0.008%, 7d avg −0.060%

Together, before fees+0.017%+$2 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: KuCoin is 0.068% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC KITE_USDT	0.1191	0.0100	pay 0.0050% / 4h	3h 48m	$765K	$294K	50x
Short	KuCoin KITEUSDTM	0.1191	0.0100	get 0.0050% / 4h	3h 48m	$408K	$60K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → −0.060%: $6.8
Slippage, 4 orders: −$1,346.63
Fee MEXC: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,359.83
Costs to cover: 13.666%
Break-even: never at this rate

Slippage from MEXC: live order book, 17 min ago; KuCoin: live order book, 4 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 MEXC live order book, 17 min ago	1.26 bp	5.3 bp −$5	32.5 bp −$325	235.5 bp −$23.5K	634.6 bp −$317.3K
Sell KuCoin live order book, 4 min ago	13.46 bp	557.0 bp −$557	doesn't fit	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	+0.0064%	4h	0.1187	−0.327%	$819K	$57K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1192	+0.044%	$19.9M	$5.7M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1191	−0.034%	$1.0M	$304K	10x	as long as short
MEXC KITE_USDTlong	+0.0100%	4h	0.1191	long leg	$765K	$294K	50x
KuCoin KITEUSDTMshort	+0.0100%	4h	0.1191	+0.008%	$408K	$60K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1193	+0.168%	$2.6M	$415K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1191	+0.008%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1188	−0.280%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1190	−0.092%	$2K	$1.2M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1191	+0.010%	$16K	$148K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit KITEUSDT	+0.0347%	4h	0.1191	−0.025%	$1.1M	$2.5M	25x	as long as short
Aster KITEUSDT	+0.0374%	4h	0.1192	+0.030%	$8.3M	$100K	5x	as long as short
Gate KITE_USDT	+0.0378%	4h	0.1192	+0.034%	$538K	$214K	25x	as long as short