Funding arb · Price arb /

KAIA

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Swap Backtest

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 0.000%

Price spread now: Variational Omni against Bybit+0.029%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.029% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit KAIAUSDT	0.03205	0.0100	pay 0.0050% / 4h	50m 48s	$1.9M	$1.4M	50x
Short	Variational Omni KAIA	0.03206	0.0100	get 0.0050% / 4h	50m 48s	$3K	$202	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now +0.029%Rate

Funding earned: $0
Price spread: +0.029% → 0.000%: $2.93
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$8.07
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 6 min ago; Variational Omni: no order-book sample. 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 Bybit live order book, 6 min ago	4.64 bp	29.0 bp −$29	120.8 bp −$1,208	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

KAIA on 12 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 KAIA-USDT	+0.0077%	4h	0.03213	+0.250%	$155K	$20K	75x	as long as short
Binance KAIAUSDT	+0.0100%	4h	0.03210	+0.148%	$2.3M	$4.0M	75x	as long as short
Bybit KAIAUSDTlong	+0.0100%	4h	0.03205	long leg	$1.9M	$1.4M	50x
Gate KAIA_USDT	+0.0100%	4h	0.03209	+0.125%	$78K	$72K	50x	as long as short
MEXC KAIA_USDT	+0.0100%	4h	0.03212	+0.218%	$515K	$143K	100x	as long as short
KuCoin KAIAUSDTM	+0.0100%	4h	0.03215	+0.312%	$328K	$70K	30x	as long as short
Bitget KAIAUSDT	+0.0100%	4h	0.03214	+0.281%	$458K	$406K	75x	as long as short
BingX KAIA-USDT	+0.0100%	4h	0.03210	+0.156%	—	$6.5M	—	as long as short
Variational Omni KAIAshort	+0.0100%	4h	0.03206	+0.029%	$3K	$202	—
GRVT KAIA_USDT_Perp	+0.0100%	4h	0.03221	+0.499%	$383K	$519K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended KAIA-USD	+0.0104%	1h	0.03212	+0.222%	$5K	$100K	5x	as long as short
Kraken Futures PF_KAIAUSD	+0.1636%	1h	0.03218	+0.416%	$45K	$39K	10x	as long as short