Funding arb · Price arb /

KGEN

all KGEN markets

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: Bybit against Variational Omni−0.318%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 Bybit

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: Bybit is 0.318% 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 KGEN	0.1639	0.0100	pay 0.0050% / 4h	1h 31m	$5K	$1K	—
Short	Bybit KGENUSDT	0.1633	0.0100	get 0.0050% / 4h	1h 31m	$753K	$326K	20x

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 −0.318%Rate

Funding earned: $0
Price spread: −0.318% → 0.000%: −$31.81
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: −$42.81
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 8 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, 8 min ago	6.09 bp	150.8 bp −$151	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.

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 KGENUSDTshort	+0.0100%	4h	0.1633	−0.318%	$753K	$326K	20x
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1634	−0.288%	$198K	$123K	10x	as long as short
KuCoin KGENUSDTM	+0.0100%	4h	0.1635	−0.233%	$748K	$1.9M	50x	as long as short
Variational Omni KGENlong	+0.0100%	4h	0.1639	long leg	$5K	$1K	—
SunX KGEN-USDT	+0.0100%	4h	0.1631	−0.440%	$2K	$869K	20x	as long as short
Gate KGEN_USDT	+0.0106%	4h	0.1630	−0.538%	$1.5M	$86K	50x	as long as short
Bitget KGENUSDT	+0.0280%	4h	0.1635	−0.227%	$1.7M	$165K	50x	as long as short
Binance KGENUSDT	+0.0354%	4h	0.1635	−0.254%	$5.0M	$845K	50x	as long as short
MEXC KGEN_USDT	+0.0364%	4h	0.1634	−0.288%	$453K	$108K	50x	as long as short
BloFin KGEN-USDT	+0.0382%	4h	0.1641	+0.140%	$223K	$19K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX KGEN-USDT	+0.0390%	4h	0.1634	−0.288%	—	$6.5M	—	as long as short
Aster KGENUSDT	+0.0987%	4h	0.1632	−0.400%	$20K	$2K	5x	as long as short