KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.2082%/8h= +228.0% APRnext payment +$2.60 per $10,000 · paid last 24h +0.187%

Price spread now: Lighter against Backpack+0.502%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.149%−$15 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$62 a day on $10k at the current rate, and Lighter is 0.502% dearer against Backpack than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.149%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.149% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack KAITO_USDC_PERP	0.3464	−0.0650	get 0.0081% / 1h	52m 12s	$19K	$166K	10x
Short	Lighter KAITO	0.3482	0.1432	get 0.0179% / 1h	52m 12s	$86K	$92K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Backpack. 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 BackpackbpFee LighterbpOrdersPrice spread, now +0.502%Rate

Funding earned: $437.31
Price spread: +0.502% → 0.000%: $50.23
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $477.54
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Backpack: live order book, 6 min ago; Lighter: 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 Backpack live order book, 6 min ago	0.87 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

Lighter: 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.

KAITO on 27 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
Backpack KAITO_USDC_PERPlong	−0.0650%	1h	0.3464	long leg	$19K	$166K	10x
Injective KAITO/USDC PERP	−0.0154%	1h	0.3465	+0.026%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.706%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0064%	4h	0.3475	+0.315%	$555K	$66K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3467	+0.096%	$118K	$48K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3469	+0.141%	$18K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3465	+0.026%	$10.5M	$16.7M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3466	+0.055%	$4.3M	$7.5M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3464	−0.003%	$4.2M	$10.5M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3468	+0.113%	$665K	$1.7M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KAITO_USDT	+0.0100%	4h	0.3464	−0.003%	$3.4M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3469	+0.141%	$1.4M	$166K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3467	+0.084%	$4.4M	$3.3M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3467	+0.084%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3485	+0.601%	$44K	$228K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3477	+0.364%	$233K	$2.6M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3468	+0.113%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3468	+0.124%	$14K	$4.3M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3467	+0.069%	$3K	$2K	10x	as long as short
edgeX KAITOUSDC	+0.0103%	4h	0.3477	+0.366%	$17K	$323K	5x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3465	+0.013%	$77K	$54K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3464	+0.003%	$240K	—	3x	as long as short
Paradex KAITO-USD-PERP	+0.0119%	8h	0.3468	+0.124%	$4K	$604	10x	as long as short
Kraken Futures PF_KAITOUSD	+0.0404%	1h	0.3462	−0.071%	$242K	$154K	10x	as long as short
Hyperliquid KAITO	+0.0586%	1h	0.3469	+0.156%	$2.0M	$798K	5x	as long as short
01 Exchange KAITOUSD	+0.0944%	1h	0.3465	+0.029%	$6K	$2K	3x	as long as short
Lighter KAITOshort	+0.1432%	1h	0.3482	+0.502%	$86K	$92K	5x