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 0.000%

Price spread now: Bitget against SunX0.000%7-day average +0.082% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.057%+$6 · spread now 0.000%, 7d avg +0.082%

Together, before fees+0.057%+$6 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: Bitget is 0.082% cheaper against SunX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX KITE-USDT	0.1197	0.0100	pay 0.0050% / 4h	52m 24s	$1K	$1.2M	20x
Short	Bitget KITEUSDT	0.1197	0.0100	get 0.0050% / 4h	52m 24s	$2.7M	$391K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.082%: −$8.2
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$28.2
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 1 min ago; Bitget: live order book, 5 min ago. Net counts fees only.

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 SunX live order book, 1 min ago	499.83 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	5.42 bp	20.8 bp −$21	62.8 bp −$628	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	+0.0098%	4h	0.1198	+0.134%	$824K	$58K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1198	+0.092%	$20.0M	$5.7M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1197	+0.058%	$1.1M	$2.5M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1197	−0.008%	$1.0M	$300K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1198	+0.125%	$741K	$242K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1197	0.000%	$407K	$59K	10x	as long as short
Bitget KITEUSDTshort	+0.0100%	4h	0.1197	0.000%	$2.7M	$391K	10x
BingX KITE-USDT	+0.0100%	4h	0.1197	+0.075%	—	$6.5M	—	as long as short
Variational Omni KITE	+0.0100%	4h	0.1197	+0.062%	$10K	$13K	—	as long as short
SunX KITE-USDTlong	+0.0100%	4h	0.1197	long leg	$1K	$1.2M	20x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KITE-USD	+0.0104%	1h	0.1197	+0.072%	$16K	$150K	10x	as long as short
Aster KITEUSDT	+0.0347%	4h	0.1199	+0.167%	$8.3M	$102K	5x	as long as short
Gate KITE_USDT	+0.0486%	4h	0.1199	+0.192%	$540K	$224K	25x	as long as short