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 SunX+0.380%7-day average — · you sell dearer than you buy

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

Long on SunX 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 0.380% dearer against SunX than usual: you sell high and buy low, +$38 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	SunX KITE-USDT	0.1221	0.0100	pay 0.0050% / 4h	3h 01m	$2K	$1.4M	20x
Short	Variational Omni KITE	0.1226	0.0100	get 0.0050% / 4h	3h 01m	$11K	$13K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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 SunXbpFee Variational OmnibpOrdersPrice spread, now +0.380%Rate

Funding earned: $0
Price spread: +0.380% → 0.000%: $37.96
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $29.96
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SunX: live order book, 3 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 SunX live order book, 3 min ago	497.67 bp	doesn't fit	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	0.1223	+0.132%	$20.4M	$6.4M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1221	−0.041%	$1.1M	$398K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1223	+0.123%	$735K	$248K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1224	+0.254%	$420K	$66K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1224	+0.262%	$2.7M	$663K	10x	as long as short
Variational Omni KITEshort	+0.0100%	4h	0.1226	+0.380%	$11K	$13K	—
SunX KITE-USDTlong	+0.0100%	4h	0.1221	long leg	$2K	$1.4M	20x
Extended KITE-USD	+0.0104%	1h	0.1222	+0.089%	$17K	$184K	10x	as long as short
BloFin KITE-USDT	+0.0109%	4h	0.1226	+0.368%	$852K	$50K	10x	as long as short
Aster KITEUSDT	+0.0503%	4h	0.1223	+0.172%	$8.5M	$108K	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	+0.0694%	4h	0.1223	+0.139%	$568K	$248K	25x	as long as short
Bybit KITEUSDT	+0.0878%	4h	0.1223	+0.115%	$1.2M	$2.9M	25x	as long as short
BingX KITE-USDT	+0.0946%	4h	0.1222	+0.090%	—	$6.5M	—	as long as short