Funding arb · Price arb /

KITE

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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: KuCoin against Variational Omni−0.316%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on KuCoin

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: KuCoin is 0.316% cheaper against Variational Omni than usual: you would sell low and buy high, −$32 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 KITE	0.1200	0.0100	pay 0.0050% / 4h	48m 27s	$10K	$13K	—
Short	KuCoin KITEUSDTM	0.1196	0.0100	get 0.0050% / 4h	48m 27s	$407K	$61K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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 Variational OmnibpFee KuCoinbpOrdersPrice spread, now −0.316%Rate

Funding earned: $0
Price spread: −0.316% → 0.000%: −$31.58
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$43.58
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 34 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 KuCoin live order book, 34 min ago	20.06 bp	560.7 bp −$561	doesn't fit	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.

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
BloFin KITE-USDT	+0.0051%	4h	0.1196	−0.308%	$832K	$49K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1195	−0.433%	$19.9M	$6.0M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1192	−0.666%	$1.0M	$321K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1195	−0.424%	$722K	$292K	50x	as long as short
KuCoin KITEUSDTMshort	+0.0100%	4h	0.1196	−0.316%	$407K	$61K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1196	−0.366%	$2.6M	$495K	10x	as long as short
Variational Omni KITElong	+0.0100%	4h	0.1200	long leg	$10K	$13K	—
SunX KITE-USDT	+0.0100%	4h	0.1193	−0.549%	$2K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1194	−0.459%	$16K	$89K	10x	as long as short
Bybit KITEUSDT	+0.0181%	4h	0.1194	−0.499%	$1.1M	$2.8M	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KITE-USDT	+0.0230%	4h	0.1194	−0.499%	—	$6.5M	—	as long as short
Aster KITEUSDT	+0.0383%	4h	0.1196	−0.332%	$8.3M	$95K	5x	as long as short
Gate KITE_USDT	+0.0446%	4h	0.1196	−0.308%	$554K	$245K	25x	as long as short