A comprehensive understanding of how a magnetic source potential is distributed in the magnetosphere‐ionosphere circuit, and the relationship between the field‐aligned current and the parallel potential, is essential for accurately interpreting the observational characteristics of a quasi‐static arc. In this study, we investigate the formation of quasi‐static electron acceleration led by kinetic Alfvén wave‐electron acoustic wave coupling, based on one‐dimensional kinetic simulations. Various controlling factors of the coupling process are considered, including the hot electron density and temperature, the cold electron density and temperature, the perpendicular wave number, and the ionospheric conductance. The ratio between the parallel potential drop and field‐aligned current is found to be approximately proportional to the square root of the hot electron temperature and inversely proportional to the hot electron density, similar to the Knight relation but with a modified slope factor that depends on the perpendicular wavelength and cold electron parameters. Meanwhile, with smaller perpendicular wavelength, lower hot electron density, higher hot electron temperature, and lower cold electron density, more potential drop is applied to the parallel electron acceleration in the transition region.