Funding arb · Price arb /

KITE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.010%

Price spread now: Extended against Variational Omni+0.369%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 Extended

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 · Extended: 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: Extended is 0.369% dearer against Variational Omni than usual: you sell high and buy low, +$37 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	0.1200	0.0100	pay 0.0050% / 4h	43m 30s	$10K	$13K	—
Short	Extended KITE-USD	0.1204	0.0104	get 0.0013% / 1h	43m 30s	$16K	$84K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.369%Rate

Funding earned: $0.84
Price spread: +0.369% → 0.000%: $36.94
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $32.78
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; Extended: 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

Variational Omni and Extended: 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	+0.0088%	4h	0.1203	+0.223%	$840K	$50K	10x	as long as short
Binance KITEUSDT	+0.0100%	4h	0.1203	+0.264%	$20.1M	$6.0M	10x	as long as short
OKX KITE-USDT-SWAP	+0.0100%	4h	0.1200	+0.014%	$1.0M	$327K	10x	as long as short
MEXC KITE_USDT	+0.0100%	4h	0.1203	+0.214%	$727K	$292K	50x	as long as short
KuCoin KITEUSDTM	+0.0100%	4h	0.1202	+0.148%	$409K	$61K	10x	as long as short
Bitget KITEUSDT	+0.0100%	4h	0.1202	+0.139%	$2.6M	$509K	10x	as long as short
Variational Omni KITElong	+0.0100%	4h	0.1200	long leg	$10K	$13K	—
SunX KITE-USDT	+0.0100%	4h	0.1203	+0.281%	$1K	$1.3M	20x	as long as short
Extended KITE-USDshort	+0.0104%	1h	0.1204	+0.369%	$16K	$84K	10x
Bybit KITEUSDT	+0.0146%	4h	0.1202	+0.131%	$1.1M	$2.8M	25x	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	+0.0194%	4h	0.1204	+0.339%	—	$6.5M	—	as long as short
Aster KITEUSDT	+0.0393%	4h	0.1203	+0.266%	$8.3M	$95K	5x	as long as short
Gate KITE_USDT	+0.0476%	4h	0.1205	+0.381%	$557K	$245K	25x	as long as short