KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1252%/8h= +137.1% APRnext payment +$1.57 per $10,000 · paid last 24h +0.179%

Price spread now: Lighter against Polymarket Perps+0.324%45s7-day average — · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as 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−$960.956% of the position

Long on Polymarket Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.556%+$56 on $10k

Price spread, last 7 days—no 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 +$38 a day on $10k at the current rate, and Lighter is 0.324% dearer against Polymarket Perps than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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 0.556% in total (about 29.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.57 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	Polymarket Perps KAITO-USD	0.3514	0.0100	pay 0.0013% / 1h	0m 45s	$20K	$4.6M	5x
Short	Lighter KAITO	0.3525	0.1352	get 0.0169% / 1h	0m 45s	$87K	$101K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Polymarket Perps. 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 Polymarket PerpsbpFee LighterbpOrdersPrice spread, now +0.324%Rate

Funding earned: $262.92
Price spread: +0.324% → 0.000%: $32.44
Slippage, 4 orders: −$87.64
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $199.72
Costs to cover: 0.956%
Break-even: 1.7 days

Slippage from Polymarket Perps: live order book, 3 min ago; Lighter: live order book, 33 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 Polymarket Perps live order book, 3 min ago	1.00 bp	5.0 bp −$5	8.8 bp −$88	doesn't fit	doesn't fit
Sell Lighter live order book, 33 min ago	28.19 bp	34.0 bp −$34	113.0 bp −$1,130	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
Backpack KAITO_USDC_PERP	−0.0366%	1h	0.3512	−0.043%	$20K	$183K	10x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−4.085%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0009%	1h	0.3511	−0.083%	$7K	$52K	12x	as long as short
Kraken Futures PF_KAITOUSD	+0.0030%	1h	0.3515	+0.026%	$247K	$156K	10x	as long as short
BloFin KAITO-USDT	+0.0082%	4h	0.3511	−0.083%	$561K	$68K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3512	−0.042%	$119K	$50K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3513	−0.035%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3512	−0.054%	$10.7M	$16.9M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3514	+0.003%	$4.4M	$7.8M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3509	−0.139%	$4.3M	$10.8M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate KAITO_USDT	+0.0100%	4h	0.3509	−0.139%	$658K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3511	−0.083%	$3.1M	$1.1M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3510	−0.111%	$1.4M	$178K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3516	+0.060%	$4.4M	$3.4M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3511	−0.083%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3515	+0.028%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3514	+0.003%	$249K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3510	−0.111%	$29K	$261K	50x	as long as short
Polymarket Perps KAITO-USDlong	+0.0100%	1h	0.3514	long leg	$20K	$4.6M	5x
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3509	−0.134%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0103%	8h	0.3512	−0.047%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3512	−0.053%	$79K	$62K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3513	−0.040%	$244K	—	3x	as long as short
edgeX KAITOUSDC	+0.0112%	4h	0.3509	−0.129%	$17K	$326K	5x	as long as short
Hyperliquid KAITO	+0.0768%	1h	0.3516	+0.071%	$2.1M	$834K	5x	as long as short
Lighter KAITOshort	+0.1352%	1h	0.3525	+0.324%	$87K	$101K	5x
01 Exchange KAITOUSD	+0.6608%	1h	0.3600	+2.450%	$6K	$2K	3x	as long as short