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

KITE

all KITE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against OKX+0.101%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$970.966% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.101%, 7d avg +0.154%
Together, before fees+0.078%+$8 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 0.053% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.154%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KITE-USDT-SWAP0.11880.0100pay 0.0050% / 4h3h 55m$1.0M$302K10x
ShortBinance KITEUSDT0.11900.0100get 0.0050% / 4h3h 55m$19.8M$5.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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
Price spread: +0.101% → +0.154%
−$5.34
Slippage, 4 orders
−$76.56
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$101.91
Costs to cover
0.966%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Binance: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago7.57 bp30.3 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, just now1.68 bp15.5 bp −$1646.5 bp −$465doesn'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+0.0054%4h0.1193+0.362%$821K$57K10xas long as short
Binance KITEUSDTshort+0.0100%4h0.1190+0.101%$19.8M$5.7M10x
OKX KITE-USDT-SWAPlong+0.0100%4h0.1188long leg$1.0M$302K10x
MEXC KITE_USDT+0.0100%4h0.1190+0.151%$785K$281K50xas long as short
KuCoin KITEUSDTM+0.0100%4h0.1191+0.236%$410K$59K10xas long as short
Bitget KITEUSDT+0.0100%4h0.1191+0.236%$2.6M$395K10xas long as short
BingX KITE-USDT+0.0100%4h0.1189+0.059%$6.5Mas long as short
Variational Omni KITE+0.0100%4h0.1193+0.344%$10K$13Kas long as short
SunX KITE-USDT+0.0100%4h0.1191+0.219%$2K$1.2M20xas long as short
Extended KITE-USD+0.0104%1h0.1189+0.066%$16K$146K10xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit KITEUSDT+0.0139%4h0.1189+0.050%$1.1M$2.5M25xas long as short
Gate KITE_USDT+0.0262%4h0.1191+0.210%$537K$213K25xas long as short
Aster KITEUSDT+0.0399%4h0.1191+0.222%$8.3M$101K5xas long as short