KITE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.44 per $10,000 · paid last 24h −0.018%

Price spread now: KuCoin against Bybit−0.191%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,636as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,652as in the Price arb table

costs, in and out, $10k−$1,63616.358% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.191%, 7d avg −0.031%

Together, before fees+0.191%+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.160% cheaper against Bybit than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KITEUSDT	0.1254	0.0188	pay 0.0094% / 4h	1h 28m	$1.2M	$3.1M	25x
Short	KuCoin KITEUSDTM	0.1252	0.0100	get 0.0050% / 4h	1h 28m	$442K	$88K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now −0.191%Rate

Funding earned: −$18.38
Price spread: −0.191% → −0.031%: −$16.03
Slippage, 4 orders: −$1,612.8
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,670.22
Costs to cover: 16.358%
Break-even: never at this rate

Slippage from Bybit: live order book, 9 min ago; KuCoin: live order book, 15 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 Bybit live order book, 9 min ago	0.80 bp	33.6 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 15 min ago	18.94 bp	561.4 bp −$561	doesn't fit	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	+0.0061%	4h	0.1252	−0.167%	$875K	$52K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1254	+0.015%	$21.1M	$7.0M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1251	−0.279%	$1.1M	$511K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1254	0.000%	$958K	$269K	50x	as long as short
KuCoin KITEUSDTMshort	+0.0100%	4h	0.1252	−0.191%	$442K	$88K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1255	+0.088%	$2.8M	$804K	10x	as long as short
Variational Omni KITE	+0.0100%	4h	0.1253	−0.121%	$11K	$11K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1253	−0.128%	$2K	$1.5M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1254	−0.030%	$19K	$186K	10x	as long as short
BingX KITE-USDT	+0.0120%	4h	0.1254	−0.024%	—	$6.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit KITEUSDTlong	+0.0188%	4h	0.1254	long leg	$1.2M	$3.1M	25x
Aster KITEUSDT	+0.0422%	4h	0.1254	−0.024%	$8.7M	$119K	5x	as long as short
Gate KITE_USDT	+0.0442%	4h	0.1255	+0.048%	$584K	$258K	25x	as long as short