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: GRVT against Variational Omni+0.382%59s7-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 GRVT

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 · GRVT: 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: GRVT is 0.382% dearer against Variational Omni than usual: you sell high and buy low, +$38 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni KAIA	0.03218	0.0100	pay 0.0050% / 4h	2m 30s	$3K	$202	—
Short	GRVT KAIA_USDT_Perp	0.03231	0.0100	get 0.0050% / 4h	2m 30s	$394K	$505K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.382%Rate

Funding earned: $0
Price spread: +0.382% → 0.000%: $38.21
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $29.21
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; GRVT: live order book, 55 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 GRVT live order book, 55 min ago	15.53 bp	60.6 bp −$61	178.2 bp −$1,782	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	0.03231	+0.388%	$2.4M	$4.0M	75x	as long as short
Bybit KAIAUSDT	+0.0100%	4h	0.03228	+0.297%	$1.9M	$1.4M	50x	as long as short
Gate KAIA_USDT	+0.0100%	4h	0.03227	+0.266%	$81K	$74K	50x	as long as short
MEXC KAIA_USDT	+0.0100%	4h	0.03230	+0.359%	$520K	$148K	100x	as long as short
KuCoin KAIAUSDTM	+0.0100%	4h	0.03227	+0.266%	$328K	$70K	30x	as long as short
Bitget KAIAUSDT	+0.0100%	4h	0.03231	+0.390%	$458K	$405K	75x	as long as short
BingX KAIA-USDT	+0.0100%	4h	0.03229	+0.328%	—	$6.5M	—	as long as short
Variational Omni KAIAlong	+0.0100%	4h	0.03218	long leg	$3K	$202	—
GRVT KAIA_USDT_Perpshort	+0.0100%	4h	0.03231	+0.382%	$394K	$505K	10x
Extended KAIA-USD	+0.0104%	1h	0.03229	+0.330%	$963	$97K	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	+0.0127%	4h	0.03230	+0.359%	$155K	$21K	75x	as long as short
Kraken Futures PF_KAIAUSD	+0.1625%	1h	0.03241	+0.715%	$46K	$39K	10x	as long as short