Settings8H · net · $10k
Funding arb · Price arb /

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0884%/8h= +96.8% APRnext payment +$1.10 per $10,000 · paid last 24h +0.244%
Price spread now: Lighter against ApeX Omni+0.261%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$438as in the Funding arb table
Net, price: spread back to 7d avg − costs−$450as in the Price arb table
costs, in and out, $10k−$4624.616% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.238%+$24 on $10k
Price spread, last 4 days (all we have)−0.809%−$81 · spread now +0.261%, 7d avg +0.144%
Together, before fees−0.571%+ Points / potential airdropLighter: Season 3 · farm board−$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Lighter is 0.117% dearer against ApeX Omni than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.144%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.238% in total (about 12.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni KAITOUSDT0.35220.0100pay 0.0013% / 1h45m 07s$30K$259K50x
ShortLighter KAITO0.35310.0984get 0.0123% / 1h45m 07s$87K$98K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against ApeX 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

Funding earned
$185.64
Price spread: +0.261% → +0.144%
$11.7
Slippage, 4 orders
−$451.56
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$264.22
Costs to cover
4.616%
Break-even
17.0 days
Slippage from ApeX Omni: live order book, 52 min ago; Lighter: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 52 min ago7.06 bp207.1 bp −$207doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 25 min ago28.30 bp29.2 bp −$29116.1 bp −$1,161doesn't fitdoesn't fit

KAITO on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_KAITOUSD−0.0414%1h0.3515−0.197%$248K$165K10xas long as short
Backpack KAITO_USDC_PERP−0.0174%1h0.3515−0.210%$19K$196K10xas long as short
Reya KAITORUSDPERP0.0000%1h0.3370−4.306%as long as short
Injective KAITO/USDC PERP+0.0020%1h0.3535+0.369%$7K$52K12xas long as short
BloFin KAITO-USDT+0.0098%4h0.3513−0.256%$554K$68K75xas long as short
Aster KAITOUSDT+0.0100%4h0.3520−0.059%$116K$63K10xas long as short
Pacifica KAITO+0.0100%1h0.3517−0.142%$19K$15K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3515−0.199%$10.7M$17.8M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.3517−0.142%$4.7M$8.6M75xas long as short
OKX KAITO-USDT-SWAP+0.0100%4h0.3514−0.227%$4.3M$11.6M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate KAITO_USDT+0.0100%4h0.3517−0.142%$665K$1.7M75xas long as short
MEXC KAITO_USDT+0.0100%4h0.3515−0.199%$3.5M$1.2M50xas long as short
KuCoin KAITOUSDTM+0.0100%4h0.3518−0.114%$1.4M$169K30xas long as short
Bitget KAITOUSDT+0.0100%4h0.3519−0.085%$4.4M$3.6M75xas long as short
BingX KAITO-USDC+0.0100%4h0.3519−0.085%$6.5Mas long as short
Variational Omni KAITO+0.0100%4h0.3519−0.087%$44K$211Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3517−0.154%$250K$2.3M10xas long as short
ApeX Omni KAITOUSDTlong+0.0100%1h0.3522long leg$30K$259K50x
Polymarket Perps KAITO-USD+0.0100%1h0.3515−0.199%$18K$5.1M5xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3518−0.128%$3K$2K10xas long as short
Extended KAITO-USD+0.0104%1h0.3515−0.211%$80K$63K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3515−0.199%$244K3xas long as short
Paradex KAITO-USD-PERP+0.0106%8h0.3516−0.180%$4K$60410xas long as short
edgeX KAITOUSDC+0.0110%4h0.3517−0.150%$17K$328K5xas long as short
Hyperliquid KAITO+0.0387%1h0.3519−0.094%$2.1M$919K5xas long as short
Lighter KAITOshort+0.0984%1h0.3531+0.261%$87K$98K5x
01 Exchange KAITOUSD+0.3168%1h0.3520−0.057%$6K$6083xas long as short