Funding arb · Price arb /

KGEN

all KGEN markets

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: Variational Omni against SunX+0.276%45s7-day average — · you sell dearer than you buy

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

Long on SunX Short on Variational Omni

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: Variational Omni is 0.276% dearer against SunX than usual: you sell high and buy low, +$28 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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	SunX KGEN-USDT	0.1594	0.0100	pay 0.0050% / 4h	1h 18m	$2K	$858K	20x
Short	Variational Omni KGEN	0.1599	0.0100	get 0.0050% / 4h	1h 18m	$5K	$1K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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 SunXbpFee Variational OmnibpOrdersPrice spread, now +0.276%Rate

Funding earned: $0
Price spread: +0.276% → 0.000%: $27.6
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $19.6
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SunX: live order book, 54 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 SunX live order book, 54 min ago	483.68 bp	doesn't fit	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.

KGEN 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
Bybit KGENUSDT	+0.0100%	4h	0.1598	+0.232%	$741K	$330K	20x	as long as short
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1602	+0.477%	$193K	$129K	10x	as long as short
KuCoin KGENUSDTM	+0.0100%	4h	0.1599	+0.301%	$731K	$1.5M	50x	as long as short
Variational Omni KGENshort	+0.0100%	4h	0.1599	+0.276%	$5K	$1K	—
SunX KGEN-USDTlong	+0.0100%	4h	0.1594	long leg	$2K	$858K	20x
Bitget KGENUSDT	+0.0268%	4h	0.1600	+0.376%	$1.7M	$175K	50x	as long as short
BingX KGEN-USDT	+0.0686%	4h	0.1599	+0.289%	—	$6.5M	—	as long as short
BloFin KGEN-USDT	+0.0691%	4h	0.1598	+0.226%	$222K	$18K	50x	as long as short
MEXC KGEN_USDT	+0.0698%	4h	0.1599	+0.289%	$436K	$97K	50x	as long as short
Binance KGENUSDT	+0.0699%	4h	0.1599	+0.289%	$4.9M	$905K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster KGENUSDT	+0.1163%	4h	0.1599	+0.301%	$19K	$5K	5x	as long as short
Gate KGEN_USDT	+0.1438%	4h	0.1595	+0.056%	$1.5M	$95K	50x	as long as short