KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.1220%/8h= −133.6% APRnext payment −$1.53 per $10,000 · paid last 24h −0.218%

Price spread now: ApeX Omni against Lighter−0.644%78s7-day average −0.141% · you buy dearer than you sell

Net, funding: paid 7d − costs−$519as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4974.974% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.213%−$21 on $10k

Price spread, last 4 days (all we have)+0.635%+$64 · spread now −0.644%, 7d avg −0.141%

Together, before fees+0.423%+ Points / potential airdropLighter: Season 3 · farm board+$42 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and ApeX Omni is 0.504% cheaper against Lighter than usual: you would sell low and buy high (−$50 if the spread goes back to its 7-day average of −0.141%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.213% in total (about -11.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.53 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	Lighter KAITO	0.3524	0.1320	pay 0.0165% / 1h	5m 53s	$87K	$102K	5x
Short	ApeX Omni KAITOUSDT	0.3501	0.0100	get 0.0013% / 1h	5m 53s	$29K	$259K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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 LighterbpFee ApeX OmnibpOrdersPrice spread, now −0.644%Rate

Funding earned: −$256.2
Price spread: −0.644% → −0.141%: −$50.36
Slippage, 4 orders: −$487.38
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$803.94
Costs to cover: 4.974%
Break-even: never at this rate

Slippage from Lighter: live order book, 10 min ago; ApeX Omni: live order book, 36 min ago.

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 Lighter live order book, 10 min ago	23.20 bp	38.7 bp −$39	82.0 bp −$820	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 36 min ago	7.14 bp	200.2 bp −$200	doesn't fit	doesn't fit	doesn't fit

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
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.351%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3510	−0.389%	$7K	$52K	12x	as long as short
BloFin KAITO-USDT	+0.0063%	4h	0.3513	−0.304%	$554K	$67K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3510	−0.402%	$117K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3514	−0.279%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3511	−0.367%	$10.7M	$17.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3513	−0.304%	$4.4M	$8.1M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3508	−0.446%	$4.3M	$11.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3509	−0.417%	$659K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3510	−0.389%	$3.0M	$1.2M	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	0.3511	−0.360%	$1.4M	$162K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3510	−0.389%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3512	−0.332%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3512	−0.346%	$19K	$189K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3499	−0.691%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3503	−0.584%	$249K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDTshort	+0.0100%	1h	0.3501	−0.644%	$29K	$259K	50x
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3512	−0.321%	$14K	$4.8M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3509	−0.403%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3510	−0.375%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3510	−0.389%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0105%	4h	0.3500	−0.667%	$18K	$325K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0121%	8h	0.3513	−0.290%	$4K	$604	10x	as long as short
Hyperliquid KAITO	+0.0650%	1h	0.3516	−0.224%	$2.1M	$867K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0808%	1h	0.3511	−0.364%	$246K	$156K	10x	as long as short
Lighter KAITOlong	+0.1320%	1h	0.3524	long leg	$87K	$102K	5x
01 Exchange KAITOUSD	+0.8208%	1h	0.3590	+1.873%	$6K	$988	3x	as long as short