Funding arb · Price arb /

KITE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Variational Omni+0.215%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 Bitget

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: Bitget is 0.215% dearer against Variational Omni 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	Variational Omni KITE	0.1181	0.0100	pay 0.0050% / 4h	2h 30m	$10K	$13K	—
Short	Bitget KITEUSDT	0.1184	0.0100	get 0.0050% / 4h	2h 30m	$2.6M	$388K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Variational Omni. 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 Variational OmnibpFee BitgetbpOrdersPrice spread, now +0.215%Rate

Funding earned: $0
Price spread: +0.215% → 0.000%: $21.52
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: $9.52
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago	8.03 bp	24.3 bp −$24	53.1 bp −$531	doesn't fit	doesn't fit

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	+0.0059%	4h	0.1183	+0.147%	$821K	$58K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1183	+0.177%	$19.8M	$5.9M	10x	as long as short
Bybit KITEUSDT	+0.0100%	4h	0.1181	+0.012%	$1.1M	$2.6M	25x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1181	−0.047%	$988K	$308K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1183	+0.164%	$733K	$254K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1182	+0.105%	$407K	$56K	10x	as long as short
Bitget KITEUSDTshort	+0.0100%	4h	0.1184	+0.215%	$2.6M	$388K	10x
Variational Omni KITElong	+0.0100%	4h	0.1181	long leg	$10K	$13K	—
SunX KITE-USDT	+0.0100%	4h	0.1182	+0.054%	$1K	$1.3M	20x	as long as short
Extended KITE-USD	+0.0104%	1h	0.1183	+0.127%	$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
BingX KITE-USDT	+0.0112%	4h	0.1182	+0.114%	—	$6.5M	—	as long as short
Aster KITEUSDT	+0.0284%	4h	0.1183	+0.164%	$8.2M	$112K	5x	as long as short
Gate KITE_USDT	+0.0318%	4h	0.1183	+0.139%	$532K	$227K	25x	as long as short