Funding arb · Price arb /

KGEN

all KGEN markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%

Price spread now: Variational Omni against KuCoin−0.157%7-day average — · you buy dearer than you sell

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 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 0.157% cheaper against KuCoin than usual: you would sell low and buy high, −$16 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 KGENUSDTM	0.1616	0.0100	pay 0.0050% / 4h	1h 29m	$735K	$1.6M	50x
Short	Variational Omni KGEN	0.1614	0.0100	get 0.0050% / 4h	1h 29m	$5K	$1K	—

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

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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 KuCoinbpFee Variational OmnibpOrdersPrice spread, now −0.157%Rate

Funding earned: $0
Price spread: −0.157% → 0.000%: −$15.66
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$27.66
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 7 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, 7 min ago	11.18 bp	163.4 bp −$163	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	0.1617	+0.049%	$754K	$297K	20x	as long as short
OKX KGEN-USDT-SWAP	+0.0100%	4h	0.1618	+0.111%	$196K	$114K	10x	as long as short
Gate KGEN_USDT	+0.0100%	4h	0.1611	−0.309%	$1.5M	$86K	50x	as long as short
KuCoin KGENUSDTMlong	+0.0100%	4h	0.1616	long leg	$735K	$1.6M	50x
Variational Omni KGENshort	+0.0100%	4h	0.1614	−0.157%	$5K	$1K	—
SunX KGEN-USDT	+0.0100%	4h	0.1614	−0.111%	$2K	$815K	20x	as long as short
MEXC KGEN_USDT	+0.0432%	4h	0.1617	+0.049%	$461K	$100K	50x	as long as short
BloFin KGEN-USDT	+0.0434%	4h	0.1610	−0.384%	$223K	$18K	50x	as long as short
Binance KGENUSDT	+0.0439%	4h	0.1617	+0.049%	$5.0M	$814K	50x	as long as short
BingX KGEN-USDT	+0.0448%	4h	0.1617	+0.049%	—	$6.6M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KGENUSDT	+0.0514%	4h	0.1615	−0.043%	$1.7M	$164K	50x	as long as short
Aster KGENUSDT	+0.0884%	4h	0.1614	−0.126%	$19K	$4K	5x	as long as short