KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0363%/8h= +39.8% APRnext payment +$0.45 per $10,000 · paid last 24h +0.020%

Price spread now: Lighter against Hyperliquid+0.049%7-day average — · you sell dearer than you buy

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

Long on Hyperliquid Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter is 0.049% dearer against Hyperliquid than usual: you sell high and buy low: +$5 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 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.45 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	Hyperliquid KAITO	0.3463	0.0637	pay 0.0080% / 1h	36m 50s	$2.0M	$741K	5x
Short	Lighter KAITO	0.3464	0.1000	get 0.0125% / 1h	36m 50s	$82K	$82K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Hyperliquid. 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 HyperliquidbpFee LighterbpOrdersPrice spread, now +0.049%Rate

Funding earned: $76.26
Price spread: +0.049% → 0.000%: $4.91
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: $72.17
Costs to cover: 0.090%
Break-even: 0.4 days

Slippage unknown: Hyperliquid: live order book, 4 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 Hyperliquid live order book, 4 min ago	1.59 bp	9.0 bp −$9	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
Kraken Futures PF_KAITOUSD	−0.0256%	1h	0.3456	−0.186%	$236K	$160K	10x	as long as short
Injective KAITO/USDC PERP	−0.0057%	1h	0.3442	−0.592%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.664%	—	—	—	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3457	−0.168%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3457	−0.159%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3455	−0.213%	$10.4M	$15.6M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3459	−0.101%	$4.3M	$6.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3452	−0.303%	$4.1M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3459	−0.101%	$671K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3456	−0.188%	$3.3M	$1.0M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3459	−0.101%	$1.4M	$183K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3462	−0.014%	$4.2M	$2.9M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3456	−0.188%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3457	−0.162%	$18K	$168K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3454	−0.259%	$43K	$237K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3449	−0.393%	$242K	$3.2M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3450	−0.361%	$29K	$255K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3460	−0.084%	$10K	$4.0M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3458	−0.116%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0103%	8h	0.3459	−0.096%	$4K	$604	10x	as long as short
edgeX KAITOUSDC	+0.0104%	4h	0.3448	−0.428%	$17K	$320K	5x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3458	−0.133%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3459	−0.112%	$240K	$1K	3x	as long as short
BloFin KAITO-USDT	+0.0104%	4h	0.3457	−0.159%	$540K	$60K	75x	as long as short
01 Exchange KAITOUSD	+0.0264%	1h	0.3458	−0.144%	$6K	$2K	3x	as long as short
Hyperliquid KAITOlong	+0.0637%	1h	0.3463	long leg	$2.0M	$741K	5x
Lighter KAITOshort	+0.1000%	1h	0.3464	+0.049%	$82K	$82K	5x