Funding arb · Price arb /

KITE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.095%

Price spread now: Variational Omni against Gate+0.221%7-day average — · you sell dearer than you buy

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

Long on Gate 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 0.221% dearer against Gate than usual: you sell high and buy low, +$22 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	Gate KITE_USDT	0.1261	0.0100	pay 0.0050% / 4h	3h 52m	$586K	$272K	25x
Short	Variational Omni KITE	0.1264	0.0100	get 0.0050% / 4h	3h 52m	$11K	$10K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now +0.221%Rate

Funding earned: $0
Price spread: +0.221% → 0.000%: $22.13
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $7.13
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 43 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 Gate live order book, 43 min ago	8.80 bp	121.6 bp −$122	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
BloFin KITE-USDT	+0.0079%	4h	0.1263	+0.127%	$888K	$53K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1262	+0.063%	$21.3M	$7.6M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1261	−0.016%	$1.3M	$3.4M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1260	−0.135%	$1.1M	$640K	10x	as long as short
Gate KITE_USDTlong	+0.0100%	4h	0.1261	long leg	$586K	$272K	25x
MEXC KITE_USDT	+0.0100%	4h	0.1262	+0.095%	$938K	$276K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1261	−0.032%	$419K	$103K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1262	+0.048%	$2.7M	$996K	10x	as long as short
Variational Omni KITEshort	+0.0100%	4h	0.1264	+0.221%	$11K	$10K	—
SunX KITE-USDT	+0.0100%	4h	0.1261	+0.016%	$2K	$1.6M	20x	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	+0.0102%	4h	0.1261	+0.016%	—	$6.5M	—	as long as short
Extended KITE-USD	+0.0104%	1h	0.1262	+0.044%	$20K	$187K	10x	as long as short
Aster KITEUSDT	+0.0414%	4h	0.1261	+0.003%	$8.7M	$127K	5x	as long as short