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 +0.010%

Price spread now: Binance against Bitget0.000%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$780.779% of the position

Long on Bitget 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 7 days−0.080%−$8 · spread now 0.000%, 7d avg −0.064%

Together, before fees−0.070%−$7 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 0.064% dearer against Bitget than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.064%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget KITEUSDT	0.1184	0.0100	pay 0.0050% / 4h	2h 27m	$2.6M	$388K	10x
Short	Binance KITEUSDT	0.1184	0.0100	get 0.0050% / 4h	2h 27m	$19.8M	$5.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.064%: $6.37
Slippage, 4 orders: −$55.89
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$71.52
Costs to cover: 0.779%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 13 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 Bitget live order book, 5 min ago	8.03 bp	20.5 bp −$20	67.8 bp −$678	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.42 bp	14.3 bp −$14	50.9 bp −$509	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	+0.0092%	4h	0.1183	−0.051%	$821K	$58K	10x	as long as short
Binance KITEUSDTshort	+0.0100%	4h	0.1184	0.000%	$19.8M	$5.9M	10x
Bybit KITEUSDT	+0.0100%	4h	0.1183	−0.084%	$1.1M	$2.6M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1182	−0.186%	$988K	$308K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1184	0.000%	$733K	$254K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1183	−0.076%	$407K	$56K	10x	as long as short
Bitget KITEUSDTlong	+0.0100%	4h	0.1184	long leg	$2.6M	$388K	10x
BingX KITE-USDT	+0.0100%	4h	0.1183	−0.034%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1181	−0.203%	$10K	$13K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1183	−0.093%	$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	0.1183	−0.044%	$16K	$150K	10x	as long as short
Aster KITEUSDT	+0.0270%	4h	0.1183	−0.051%	$8.2M	$112K	5x	as long as short
Gate KITE_USDT	+0.0294%	4h	0.1183	−0.076%	$533K	$227K	25x	as long as short