Funding arb · Price arb /

KITE

all KITE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: Binance against SunX+0.304%56s7-day average +0.060% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.295%−$30 · spread now +0.304%, 7d avg +0.060%

Together, before fees−0.285%−$29 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: Binance is 0.244% dearer against SunX than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of +0.060%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX KITE-USDT	0.1216	0.0100	pay 0.0050% / 4h	2h 35m	$1K	$1.4M	20x
Short	Binance KITEUSDT	0.1220	0.0100	get 0.0050% / 4h	2h 35m	$20.4M	$6.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.304%Rate

Funding earned: $0
Price spread: +0.304% → +0.060%: $24.44
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $6.44
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SunX: live order book, 9 min ago; Binance: live order book, 6 min ago. Net counts fees only.

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 SunX live order book, 9 min ago	500.23 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	1.65 bp	23.4 bp −$23	72.2 bp −$722	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	+0.0088%	4h	0.1213	−0.247%	$847K	$50K	10x	as long as short
Binance KITEUSDTshort	+0.0100%	4h	0.1220	+0.304%	$20.4M	$6.5M	10x
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1220	+0.271%	$1.0M	$411K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1220	+0.296%	$745K	$242K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1220	+0.263%	$418K	$66K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1219	+0.214%	$2.7M	$745K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1217	+0.042%	$11K	$13K	—	as long as short
SunX KITE-USDTlong	+0.0100%	4h	0.1216	long leg	$1K	$1.4M	20x
Extended KITE-USD	+0.0104%	1h	0.1219	+0.204%	$17K	$179K	10x	as long as short
Aster KITEUSDT	+0.0499%	4h	0.1218	+0.147%	$8.4M	$110K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KITE_USDT	+0.0602%	4h	0.1219	+0.189%	$565K	$245K	25x	as long as short
BingX KITE-USDT	+0.0622%	4h	0.1220	+0.263%	—	$6.5M	—	as long as short
Bybit KITEUSDT	+0.0651%	4h	0.1219	+0.247%	$1.2M	$2.9M	25x	as long as short