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 KuCoin+0.032%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,577as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,581as in the Price arb table

costs, in and out, $10k−$1,57915.786% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.032%, 7d avg +0.056%

Together, before fees+0.009%+$1 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 0.024% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin KITEUSDTM	0.1259	0.0100	pay 0.0050% / 4h	12m 35s	$417K	$103K	10x
Short	Binance KITEUSDT	0.1259	0.0100	get 0.0050% / 4h	12m 35s	$21.3M	$7.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.032%Rate

Funding earned: $0
Price spread: +0.032% → +0.056%: −$2.38
Slippage, 4 orders: −$1,556.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1,581.03
Costs to cover: 15.786%
Break-even: never at this rate

Slippage from KuCoin: live order book, 21 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 KuCoin live order book, 21 min ago	31.83 bp	908.7 bp −$909	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	1.20 bp	15.9 bp −$16	49.8 bp −$498	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	+0.0060%	4h	0.1258	−0.095%	$880K	$52K	10x	as long as short
Binance KITEUSDTshort	+0.0100%	4h	0.1259	+0.032%	$21.3M	$7.5M	10x
Bybit KITEUSDT	+0.0100%	4h	0.1259	+0.040%	$1.3M	$3.4M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1258	−0.048%	$1.1M	$624K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1261	+0.183%	$936K	$277K	50x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1259	long leg	$417K	$103K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1258	−0.064%	$2.7M	$873K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1260	+0.127%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1259	−0.015%	$11K	$10K	—	as long as short
SunX KITE-USDT	+0.0100%	4h	0.1259	+0.016%	$2K	$1.6M	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	0.1261	+0.147%	$20K	$187K	10x	as long as short
Aster KITEUSDT	+0.0410%	4h	0.1260	+0.103%	$8.7M	$126K	5x	as long as short
Gate KITE_USDT	+0.0510%	4h	0.1259	+0.032%	$582K	$280K	25x	as long as short