Funding arb · Price arb /

KAIA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Variational Omni against Extended−0.058%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropExtended: Active · Variational 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 0.058% cheaper against Extended than usual: you would sell low and buy high, −$6 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	Extended KAIA-USD	0.03211	0.0104	pay 0.0013% / 1h	59m 18s	$2K	$101K	5x
Short	Variational Omni KAIA	0.03209	0.0100	get 0.0050% / 4h	1h 59m	$3K	$202	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpFee Variational OmnibpOrdersPrice spread, now −0.058%Rate

Funding earned: −$0.84
Price spread: −0.058% → 0.000%: −$5.79
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$11.63
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago	6.09 bp	48.0 bp −$48	356.1 bp −$3,561	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
Binance KAIAUSDT	+0.0100%	4h	0.03213	+0.052%	$2.4M	$4.3M	75x	as long as short
Bybit KAIAUSDT	+0.0100%	4h	0.03208	−0.102%	$2.0M	$1.4M	50x	as long as short
Gate KAIA_USDT	+0.0100%	4h	0.03210	−0.039%	$80K	$73K	50x	as long as short
MEXC KAIA_USDT	+0.0100%	4h	0.03212	+0.023%	$541K	$148K	100x	as long as short
KuCoin KAIAUSDTM	+0.0100%	4h	0.03204	−0.226%	$311K	$71K	30x	as long as short
Bitget KAIAUSDT	+0.0100%	4h	0.03212	+0.023%	$437K	$408K	75x	as long as short
BingX KAIA-USDT	+0.0100%	4h	0.03211	−0.008%	—	$6.5M	—	as long as short
Variational Omni KAIAshort	+0.0100%	4h	0.03209	−0.058%	$3K	$202	—
GRVT KAIA_USDT_Perp	+0.0100%	4h	0.03213	+0.061%	$387K	$498K	10x	as long as short
Extended KAIA-USDlong	+0.0104%	1h	0.03211	long leg	$2K	$101K	5x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KAIA-USDT	+0.0146%	4h	0.03212	+0.023%	$154K	$21K	75x	as long as short
Kraken Futures PF_KAIAUSD	+0.1530%	1h	0.03221	+0.308%	$45K	$40K	10x	as long as short