Settings8H · net · $10k
Funding arb · Price arb /

KITE

all KITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.010%
Price spread now: Extended against OKX+0.028%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1591.591% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.028%, 7d avg +0.127%
Together, before fees+0.136%+ Points / potential airdropExtended: Active · farm board+$14 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 0.099% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KITE-USDT-SWAP0.12570.0100pay 0.0050% / 4h17m 31s$1.1M$620K10x
ShortExtended KITE-USD0.12570.0104get 0.0013% / 1h17m 31s$20K$186K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: +0.028% → +0.127%
−$9.94
Slippage, 4 orders
−$144.09
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$168.19
Costs to cover
1.591%
Break-even
1408.6 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago1.60 bp35.3 bp −$35doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 46 min ago3.58 bp45.0 bp −$45274.7 bp −$2,747doesn't fitdoesn't fit

KITE on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin KITE-USDT+0.0082%4h0.1252−0.390%$882K$52K10xas long as short
Binance KITEUSDT+0.0100%4h0.1258+0.115%$21.3M$7.5M10xas long as short
Bybit KITEUSDT+0.0100%4h0.1257+0.040%$1.3M$3.4M25xas long as short
OKX KITE-USDT-SWAPlong+0.0100%4h0.1257long leg$1.1M$620K10x
MEXC KITE_USDT+0.0100%4h0.1258+0.088%$934K$277K50xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1257−0.024%$416K$102K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1257+0.024%$2.7M$876K10xas long as short
BingX KITE-USDT+0.0100%4h0.1259+0.159%$6.5Mas long as short
Variational Omni KITE+0.0100%4h0.1252−0.352%$11K$10Kas long as short
SunX KITE-USDT+0.0100%4h0.1258+0.119%$1K$1.6M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KITE-USDshort+0.0104%1h0.1257+0.028%$20K$186K10x
Aster KITEUSDT+0.0395%4h0.1255−0.154%$8.7M$127K5xas long as short
Gate KITE_USDT+0.0484%4h0.1256−0.040%$581K$280K25xas long as short