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 +0.017%

Price spread now: BingX against OKX+0.440%7-day average +0.106% · you sell dearer than you buy

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$1151.154% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 4 days (all we have)−0.526%−$53 · spread now +0.440%, 7d avg +0.106%

Together, before fees−0.475%−$47 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: BingX is 0.335% dearer against OKX than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of +0.106%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX KITE-USDT-SWAP	0.1181	0.0100	pay 0.0050% / 4h	1h 59m	$988K	$301K	10x
Short	BingX KITE-USDT	0.1186	0.0100	get 0.0050% / 4h	1h 59m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now +0.440%Rate

Funding earned: $0
Price spread: +0.440% → +0.106%: $33.5
Slippage, 4 orders: −$95.38
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$81.88
Costs to cover: 1.154%
Break-even: never at this rate

Slippage from OKX: live order book, 22 min ago; BingX: live order book, 7 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 OKX live order book, 22 min ago	2.53 bp	35.3 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	5.50 bp	27.1 bp −$27	67.8 bp −$678	393.3 bp −$39.3K	878.1 bp −$439.0K

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	+0.0090%	4h	0.1184	+0.263%	$822K	$58K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1186	+0.424%	$19.8M	$5.9M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1185	+0.398%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAPlong	+0.0100%	4h	0.1181	long leg	$988K	$301K	10x
MEXC KITE_USDT	+0.0100%	4h	0.1186	+0.424%	$734K	$247K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1184	+0.288%	$407K	$56K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1187	+0.559%	$2.6M	$387K	10x	as long as short
BingX KITE-USDTshort	+0.0100%	4h	0.1186	+0.440%	—	$6.5M	—
Variational Omni KITE	+0.0100%	4h	0.1183	+0.191%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1185	+0.398%	$1K	$1.3M	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	0.1186	+0.425%	$16K	$150K	10x	as long as short
Gate KITE_USDT	+0.0116%	4h	0.1185	+0.347%	$534K	$224K	25x	as long as short
Aster KITEUSDT	+0.0184%	4h	0.1185	+0.387%	$8.2M	$109K	5x	as long as short