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

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.1276%/8h= +139.7% APRpaid last 24h +0.141%
Price spread now: Lighter against Bitget−0.111%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.135%+$14 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
Funding pays, the price is against you. Lighter is 0.111% cheaper against Bitget than usual: you would sell low and buy high (spread −0.111% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 7 hours of funding at the current rate (+$38 a day). At the pace of the last 7 days (+0.135% in total) that is about 5.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.0% 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
LongBitget KAITOUSDT0.35210.0100pay 0.0050% / 4h2h 28m$4.4M$3.2M75x
ShortLighter KAITO0.35170.1376get 0.0172% / 1h28m 19s$87K$93K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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
$267.96
Price spread: −0.111% → 0.000%
−$11.08
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$244.88
Costs to cover
0.120%
Break-even
0.6 days
Slippage unknown: Bitget: live order book, 5 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago2.86 bp16.6 bp −$1744.0 bp −$440doesn't fitdoesn'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 26 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−0.0419%1h0.3502−0.551%$20K$176K10xas long as short
Injective KAITO/USDC PERP−0.0064%1h0.3474−1.335%$7K$52K12xas long as short
Reya KAITORUSDPERP0.0000%1h0.3370−4.278%as long as short
Aster KAITOUSDT+0.0100%4h0.3511−0.297%$116K$38K10xas long as short
Pacifica KAITO+0.0100%1h0.3510−0.318%$18K$15K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3515−0.175%$10.7M$16.3M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.3519−0.057%$4.5M$7.1M75xas long as short
OKX KAITO-USDT-SWAP+0.0100%4h0.3514−0.199%$4.3M$10.3M50xas long as short
Gate KAITO_USDT+0.0100%4h0.3513−0.227%$685K$1.7M75xas long as short
MEXC KAITO_USDT+0.0100%4h0.3510−0.312%$3.3M$1.0M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin KAITOUSDTM+0.0100%4h0.3511−0.284%$1.4M$163K30xas long as short
Bitget KAITOUSDTlong+0.0100%4h0.3521long leg$4.4M$3.2M75x
BingX KAITO-USDT+0.0100%4h0.3515−0.170%$6.7Mas long as short
Variational Omni KAITO+0.0100%4h0.3499−0.626%$44K$230Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3486−0.994%$238K$2.8M10xas long as short
ApeX Omni KAITOUSDT+0.0100%1h0.3495−0.738%$30K$256K50xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3515−0.168%$3K$2K10xas long as short
Extended KAITO-USD+0.0104%1h0.3517−0.104%$78K$54K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3515−0.167%$244K3xas long as short
edgeX KAITOUSDC+0.0112%4h0.3495−0.752%$17K$325K5xas long as short
Paradex KAITO-USD-PERP+0.0120%8h0.3513−0.236%$4K$60410xas long as short
Polymarket Perps KAITO-USD+0.0143%1h0.3514−0.196%$17K$4.2M5xas long as short
Kraken Futures PF_KAITOUSD+0.0966%1h0.3517−0.122%$244K$148K10xas long as short
Hyperliquid KAITO+0.0987%1h0.3517−0.119%$2.1M$786K5xas long as short
Lighter KAITOshort+0.1376%1h0.3517−0.111%$87K$93K5x
01 Exchange KAITOUSD+0.6688%1h0.3580+1.676%$6K$2K3xas long as short