This has all the feel of a psychedelic acid trip from the sixties. I don't mean that in a negative light but instead a very positive one. I found myself wanting to understand the dynamics between these two entities that were at conflict through space and time. There seemed to be clues sprinkled through the entire film.
What was really nice is how Fate and the child is desperate to live, while Destiny doesn't seem to care, even when confronted with the fact that Fate was innocent, Destiny seemed to be predetermined in his actions. the end was a foregone conclusion. that is my interpretation at least.
I would love to see this explored more in a longer format where the creator can develop this concept of Fate and destiny further. Very interesting, I enjoyed it and like films like Pan's Labyrinth, I find myself talking about this long after i've seen it and trying to understand the nuances of the films meanings.
Small budget, so take that into consideration when you watch it, Maybe i'm over thinking it but that is my take.