Funding arb · Price arb /

KITE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: MEXC against Variational Omni+0.051%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on MEXC

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: MEXC is 0.051% dearer against Variational Omni than usual: you sell high and buy low, +$5 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	0.1178	0.0100	pay 0.0050% / 4h	5m 27s	$9K	$12K	—
Short	MEXC KITE_USDT	0.1178	0.0100	get 0.0050% / 4h	5m 27s	$733K	$259K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → 0.000%: $5.14
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$2.86
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 23 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 MEXC live order book, 23 min ago	0.42 bp	8.7 bp −$9	32.8 bp −$328	233.1 bp −$23.3K	550.0 bp −$275.0K

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	0.1179	+0.077%	$19.7M	$5.8M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1178	−0.016%	$1.1M	$2.4M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1177	−0.084%	$986K	$317K	10x	as long as short
MEXC KITE_USDTshort	+0.0100%	4h	0.1178	+0.051%	$733K	$259K	50x
KuCoin KITEUSDTM	+0.0100%	4h	0.1178	+0.009%	$405K	$57K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1179	+0.102%	$2.6M	$397K	10x	as long as short
BingX KITE-USDT	+0.0100%	4h	0.1178	0.000%	—	$6.5M	—	as long as short
Variational Omni KITElong	+0.0100%	4h	0.1178	long leg	$9K	$12K	—
SunX KITE-USDT	+0.0100%	4h	0.1178	+0.034%	$2K	$1.2M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1178	+0.020%	$16K	$150K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin KITE-USDT	+0.0118%	4h	0.1180	+0.196%	$827K	$64K	10x	as long as short
Gate KITE_USDT	+0.0190%	4h	0.1179	+0.094%	$530K	$232K	25x	as long as short
Aster KITEUSDT	+0.0247%	4h	0.1179	+0.082%	$8.2M	$103K	5x	as long as short