Funding arb · Price arb /

KAIA

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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: Bybit against Variational Omni+0.076%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Bybit

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: Bybit is 0.076% dearer against Variational Omni than usual: you sell high and buy low, +$8 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	Variational Omni KAIA	0.03255	0.0100	pay 0.0050% / 4h	8m 31s	$3K	$202	—
Short	Bybit KAIAUSDT	0.03257	0.0100	get 0.0050% / 4h	8m 31s	$2.0M	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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 Variational OmnibpFee BybitbpOrdersPrice spread, now +0.076%Rate

Funding earned: $0
Price spread: +0.076% → 0.000%: $7.6
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$3.4
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 3 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Bybit live order book, 3 min ago	6.14 bp	28.1 bp −$28	103.9 bp −$1,039	doesn't fit	doesn't fit

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	0.03259	+0.144%	$2.3M	$3.6M	75x	as long as short
Bybit KAIAUSDTshort	+0.0100%	4h	0.03257	+0.076%	$2.0M	$1.5M	50x
Gate KAIA_USDT	+0.0100%	4h	0.03262	+0.230%	$83K	$61K	50x	as long as short
MEXC KAIA_USDT	+0.0100%	4h	0.03260	+0.168%	$412K	$127K	100x	as long as short
KuCoin KAIAUSDTM	+0.0100%	4h	0.03264	+0.291%	$337K	$71K	30x	as long as short
Bitget KAIAUSDT	+0.0100%	4h	0.03264	+0.291%	$478K	$357K	75x	as long as short
BingX KAIA-USDT	+0.0100%	4h	0.03258	+0.107%	—	$6.5M	—	as long as short
Variational Omni KAIAlong	+0.0100%	4h	0.03255	long leg	$3K	$202	—
GRVT KAIA_USDT_Perp	+0.0100%	4h	0.03258	+0.101%	$388K	$510K	10x	as long as short
Extended KAIA-USD	+0.0104%	1h	0.03259	+0.125%	$972	$100K	5x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KAIA-USDT	+0.0144%	4h	0.03258	+0.107%	$153K	$9K	75x	as long as short
Kraken Futures PF_KAIAUSD	+0.0284%	1h	0.03269	+0.438%	$46K	$14K	10x	as long as short