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

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1412%/8h= +154.6% APRpaid last 24h +0.200%
Price spread now: Lighter against BingX+0.436%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$870.874% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.195%+$19 on $10k
Price spread, last 7 daysno 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 +$42 a day on $10k at the current rate, and Lighter is 0.436% dearer against BingX than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.195% in total (about 10.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KAITO-USDT0.35120.0100pay 0.0050% / 4h2h 17m$6.7M
ShortLighter KAITO0.35270.1512get 0.0189% / 1h17m 55s$87K$100K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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
$296.52
Price spread: +0.436% → 0.000%
$43.56
Slippage, 4 orders
−$77.41
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$252.68
Costs to cover
0.874%
Break-even
1.0 days
Slippage from BingX: live order book, 5 min ago; Lighter: live order book, 8 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 BingX live order book, 5 min ago2.86 bp14.6 bp −$1526.7 bp −$267244.9 bp −$24.5K650.7 bp −$325.4K
Sell Lighter live order book, 8 min ago10.47 bp11.9 bp −$1288.8 bp −$888doesn'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
Backpack KAITO_USDC_PERP−0.0098%1h0.3515+0.074%$20K$186K10xas long as short
Injective KAITO/USDC PERP−0.0060%1h0.3470−1.196%$7K$52K12xas long as short
Reya KAITORUSDPERP0.0000%1h0.3370−4.034%as long as short
Aster KAITOUSDT+0.0100%4h0.3511−0.027%$118K$51K10xas long as short
Pacifica KAITO+0.0100%1h0.3513+0.021%$18K$14K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3511−0.027%$10.7M$17.1M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.3513+0.028%$4.4M$8.0M75xas long as short
OKX KAITO-USDT-SWAP+0.0100%4h0.3509−0.085%$4.3M$11.0M50xas long as short
Gate KAITO_USDT+0.0100%4h0.35120.000%$660K$1.7M75xas long as short
MEXC KAITO_USDT+0.0100%4h0.3510−0.057%$3.0M$1.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin KAITOUSDTM+0.0100%4h0.3515+0.085%$1.4M$179K30xas long as short
Bitget KAITOUSDT+0.0100%4h0.3515+0.085%$4.4M$3.5M75xas long as short
BingX KAITO-USDTlong+0.0100%4h0.3512long leg$6.7M
Variational Omni KAITO+0.0100%4h0.3499−0.359%$44K$211Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3477−1.002%$247K$2.5M10xas long as short
ApeX Omni KAITOUSDT+0.0100%1h0.3476−1.025%$29K$261K50xas long as short
Polymarket Perps KAITO-USD+0.0100%1h0.3516+0.125%$10K$4.6M5xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3513+0.037%$3K$2K10xas long as short
edgeX KAITOUSDC+0.0104%4h0.3497−0.417%$17K$326K5xas long as short
Extended KAITO-USD+0.0104%1h0.3510−0.054%$80K$63K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3516+0.101%$244K3xas long as short
Paradex KAITO-USD-PERP+0.0112%8h0.3512+0.006%$4K$60410xas long as short
BloFin KAITO-USDT+0.0122%4h0.3509−0.085%$553K$68K75xas long as short
Kraken Futures PF_KAITOUSD+0.0384%1h0.3513+0.041%$246K$154K10xas long as short
Hyperliquid KAITO+0.0846%1h0.3518+0.161%$2.1M$858K5xas long as short
Lighter KAITOshort+0.1512%1h0.3527+0.436%$87K$100K5x
01 Exchange KAITOUSD+0.8256%1h0.3590+2.227%$6K$1K3xas long as short