Funding arb · Price arb /

KITE

all KITE 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: Variational Omni against KuCoin+0.072%7-day average — · you sell dearer than you buy

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 0.072% dearer against KuCoin than usual: you sell high and buy low, +$7 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	0.1223	0.0100	pay 0.0050% / 4h	3h 46m	$420K	$65K	10x
Short	Variational Omni KITE	0.1223	0.0100	get 0.0050% / 4h	3h 46m	$11K	$13K	—

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 +0.072%Rate

Funding earned: $0
Price spread: +0.072% → 0.000%: $7.25
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$4.75
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 27 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, 27 min ago	17.78 bp	877.1 bp −$877	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	0.1224	+0.115%	$20.4M	$6.3M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1222	−0.041%	$1.0M	$377K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1223	+0.065%	$739K	$245K	50x	as long as short
KuCoin KITEUSDTMlong	+0.0100%	4h	0.1223	long leg	$420K	$65K	10x
Bitget KITEUSDT	+0.0100%	4h	0.1222	−0.082%	$2.7M	$587K	10x	as long as short
Variational Omni KITEshort	+0.0100%	4h	0.1223	+0.072%	$11K	$13K	—
SunX KITE-USDT	+0.0100%	4h	0.1223	+0.025%	$1K	$1.4M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1223	+0.007%	$17K	$83K	10x	as long as short
BloFin KITE-USDT	+0.0157%	4h	0.1219	−0.311%	$842K	$50K	10x	as long as short
Aster KITEUSDT	+0.0466%	4h	0.1221	−0.159%	$8.5M	$95K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KITE_USDT	+0.0876%	4h	0.1221	−0.090%	$565K	$242K	25x	as long as short
BingX KITE-USDT	+0.0990%	4h	0.1223	+0.065%	—	$6.5M	—	as long as short
Bybit KITEUSDT	+0.1113%	4h	0.1222	−0.033%	$1.2M	$2.9M	25x	as long as short