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 0.000%

Price spread now: Bitget against SunX+0.017%7-day average +0.084% · you sell dearer than you buy

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

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.001%$0 · spread now +0.017%, 7d avg +0.084%

Together, before fees+0.001%$0 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: Bitget is 0.067% cheaper against SunX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.084%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX KITE-USDT	0.1188	0.0100	pay 0.0050% / 4h	2h 20m	$1K	$1.3M	20x
Short	Bitget KITEUSDT	0.1188	0.0100	get 0.0050% / 4h	2h 20m	$2.6M	$387K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → +0.084%: −$6.69
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$26.69
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 3 min ago; Bitget: live order book, 1 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, 3 min ago	500.34 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	7.14 bp	29.0 bp −$29	66.0 bp −$660	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	+0.0079%	4h	0.1190	+0.152%	$821K	$59K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1188	+0.051%	$19.8M	$5.9M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1187	−0.051%	$1.2M	$2.6M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1187	−0.076%	$994K	$309K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1188	+0.059%	$736K	$254K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1187	−0.025%	$408K	$56K	10x	as long as short
Bitget KITEUSDTshort	+0.0100%	4h	0.1188	+0.017%	$2.6M	$387K	10x
BingX KITE-USDT	+0.0100%	4h	0.1188	+0.034%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1185	−0.248%	$10K	$13K	—	as long as short
SunX KITE-USDTlong	+0.0100%	4h	0.1188	long leg	$1K	$1.3M	20x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KITE-USD	+0.0104%	1h	0.1188	+0.041%	$16K	$150K	10x	as long as short
Aster KITEUSDT	+0.0287%	4h	0.1189	+0.119%	$8.2M	$112K	5x	as long as short
Gate KITE_USDT	+0.0346%	4h	0.1189	+0.101%	$536K	$228K	25x	as long as short