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

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.1108%/8h= −121.3% APRnext payment $1.38 per $10,000 · paid last 24h −0.390%
Price spread now: Injective against Lighter+0.244%66s7-day average · you sell dearer than you buy
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+0.658%+$66 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
The price spread pays, funding is against you. Injective is 0.244% dearer against Lighter than usual: you sell high and buy low (spread +0.244% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 18 hours. Mind the row above: over the last 7 days funding on this pair paid +0.658%, so the current rate has only just turned against you. The two prices were read 66 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 0.658% in total (about 34.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter KAITO0.35260.1128pay 0.0141% / 1h55m 50s$87K$98K5x
ShortInjective KAITO/USDC PERP0.35350.0020get 0.0003% / 1h55m 50s$7K$52K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
−$232.63
Price spread: +0.244% → 0.000%
$24.39
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$208.26
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: live order book, 14 min ago; Injective: 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 Lighter live order book, 14 min ago28.30 bp38.3 bp −$3874.3 bp −$743doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack KAITO_USDC_PERP−0.0829%1h0.3509−0.505%$18K$195K10xas long as short
Kraken Futures PF_KAITOUSD−0.0415%1h0.3508−0.518%$247K$165K10xas long as short
Reya KAITORUSDPERP0.0000%1h0.3370−4.425%as long as short
Injective KAITO/USDC PERPshort+0.0020%1h0.3535+0.244%$7K$52K12x
Aster KAITOUSDT+0.0100%4h0.3510−0.475%$116K$63K10xas long as short
Pacifica KAITO+0.0100%1h0.3515−0.311%$19K$15K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3507−0.557%$10.7M$17.9M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.3508−0.522%$4.6M$8.6M75xas long as short
OKX KAITO-USDT-SWAP+0.0100%4h0.3505−0.607%$4.3M$11.6M50xas long as short
Gate KAITO_USDT+0.0100%4h0.3509−0.493%$664K$1.7M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC KAITO_USDT+0.0100%4h0.3505−0.607%$3.3M$1.2M50xas long as short
KuCoin KAITOUSDTM+0.0100%4h0.3507−0.550%$1.4M$172K30xas long as short
Bitget KAITOUSDT+0.0100%4h0.3510−0.465%$4.4M$3.6M75xas long as short
BingX KAITO-USDT+0.0100%4h0.3507−0.550%$6.8Mas long as short
Variational Omni KAITO+0.0100%4h0.3511−0.439%$44K$211Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3515−0.331%$250K$2.3M10xas long as short
ApeX Omni KAITOUSDT+0.0100%1h0.3515−0.323%$29K$259K50xas long as short
Polymarket Perps KAITO-USD+0.0100%1h0.3513−0.394%$18K$5.1M5xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3513−0.394%$3K$2K10xas long as short
Extended KAITO-USD+0.0104%1h0.3505−0.619%$80K$63K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3511−0.437%$244K3xas long as short
Paradex KAITO-USD-PERP+0.0107%8h0.3514−0.363%$4K$60410xas long as short
edgeX KAITOUSDC+0.0116%4h0.3515−0.334%$17K$326K5xas long as short
BloFin KAITO-USDT+0.0137%4h0.3517−0.267%$561K$68K75xas long as short
Hyperliquid KAITO+0.0486%1h0.3511−0.431%$2.1M$907K5xas long as short
Lighter KAITOlong+0.1128%1h0.3526long leg$87K$98K5x
01 Exchange KAITOUSD+0.7392%1h0.3590+1.812%$6K$9163xas long as short