Funding arb · Price arb /

KITE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against KuCoin−0.097%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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 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 0.097% cheaper against KuCoin than usual: you would sell low and buy high, −$10 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	KuCoin KITEUSDTM	0.1263	0.0100	pay 0.0050% / 4h	3h 59m	$420K	$103K	10x
Short	Variational Omni KITE	0.1262	0.0100	get 0.0050% / 4h	3h 59m	$11K	$10K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. 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 KuCoinbpFee Variational OmnibpOrdersPrice spread, now −0.097%Rate

Funding earned: $0
Price spread: −0.097% → 0.000%: −$9.66
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$21.66
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 33 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 KuCoin live order book, 33 min ago	31.83 bp	908.7 bp −$909	doesn't fit	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.

KITE on 13 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 KITEUSDT	+0.0100%	4h	0.1264	+0.104%	$21.4M	$7.5M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1263	+0.032%	$1.3M	$3.4M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1261	−0.158%	$1.1M	$636K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1264	+0.087%	$930K	$280K	50x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1263	long leg	$420K	$103K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1264	+0.063%	$2.7M	$931K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1263	+0.032%	—	$6.6M	—	as long as short
Variational Omni KITEshort	+0.0100%	4h	0.1262	−0.097%	$11K	$10K	—
SunX KITE-USDT	+0.0100%	4h	0.1262	−0.055%	$1K	$1.6M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1264	+0.067%	$20K	$187K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KITE-USDT	+0.0119%	4h	0.1266	+0.222%	$882K	$53K	10x	as long as short
Aster KITEUSDT	+0.0444%	4h	0.1263	−0.032%	$8.7M	$126K	5x	as long as short
Gate KITE_USDT	+0.0542%	4h	0.1264	+0.087%	$587K	$283K	25x	as long as short