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

KITE

all KITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.010%
Price spread now: OKX against Extended−0.094%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1541.542% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.050%−$5 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.094%, 7d avg −0.132%
Together, before fees−0.038%+ Points / potential airdropExtended: Active · farm board−$4 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: OKX is 0.037% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KITE-USD0.11850.0104pay 0.0013% / 1h58m 45s$16K$150K10x
ShortOKX KITE-USDT-SWAP0.11830.0100get 0.0050% / 4h1h 58m$991K$302K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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: −0.094% → −0.132%
$3.75
Slippage, 4 orders
−$139.22
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$151.31
Costs to cover
1.542%
Break-even
never at this rate
Slippage from Extended: live order book, 22 min ago; OKX: live order book, 23 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 Extended live order book, 22 min ago2.95 bp37.1 bp −$37239.3 bp −$2,393doesn't fitdoesn't fit
Sell OKX live order book, 23 min ago2.53 bp34.9 bp −$35doesn't fitdoesn'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+0.0090%4h0.1184−0.086%$822K$58K10xas long as short
Binance KITEUSDT+0.0100%4h0.1185+0.015%$19.8M$5.9M10xas long as short
Bybit KITEUSDT+0.0100%4h0.1184−0.052%$1.1M$2.5M25xas long as short
OKX KITE-USDT-SWAPshort+0.0100%4h0.1183−0.094%$991K$302K10x
MEXC KITE_USDT+0.0100%4h0.1185+0.024%$734K$247K50xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1184−0.069%$407K$56K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1186+0.134%$2.6M$387K10xas long as short
BingX KITE-USDT+0.0100%4h0.1184−0.010%$6.5Mas long as short
Variational Omni KITE+0.0100%4h0.1183−0.157%$10K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1185+0.049%$1K$1.3M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KITE-USDlong+0.0104%1h0.1185long leg$16K$150K10x
Gate KITE_USDT+0.0116%4h0.1184−0.010%$534K$224K25xas long as short
Aster KITEUSDT+0.0183%4h0.1185+0.032%$8.2M$109K5xas long as short