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

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1504%/8h= +164.7% APRnext payment +$1.88 per $10,000 · paid last 24h
Price spread now: Lighter against Reya+3.421%7-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 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$45 a day on $10k at the current rate, and Lighter is 3.421% dearer against Reya than usual: you sell high and buy low: +$342 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya KAITORUSDPERP0.33700get 0.0000% / 1h23m 41s
ShortLighter KAITO0.34860.1504get 0.0188% / 1h23m 41s$83K$83K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Reya. 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
$315.84
Price spread: +3.421% → 0.000%
$342.11
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Lighter: 0 bp × 2 orders
$0
Net
$651.95
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample
Sell Lighter no order-book sample
Reya and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective KAITO/USDC PERP−0.0010%1h0.3476+3.139%$7K$52K12xas long as short
Reya KAITORUSDPERPlong0.0000%1h0.3370long leg
Aster KAITOUSDT+0.0100%4h0.3471+2.987%$116K$34K10xas long as short
Pacifica KAITO+0.0100%1h0.3470+2.975%$18K$12K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3469+2.932%$10.5M$15.7M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.3473+3.050%$4.4M$6.8M75xas long as short
OKX KAITO-USDT-SWAP+0.0100%4h0.3468+2.902%$4.2M$10.0M50xas long as short
Gate KAITO_USDT+0.0100%4h0.3472+3.021%$677K$1.7M75xas long as short
MEXC KAITO_USDT+0.0100%4h0.3469+2.932%$3.3M$1.0M50xas long as short
KuCoin KAITOUSDTM+0.0100%4h0.3471+2.991%$1.4M$166K30xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget KAITOUSDT+0.0100%4h0.3475+3.110%$4.3M$3.0M75xas long as short
BingX KAITO-USDT+0.0100%4h0.3470+2.961%$6.7Mas long as short
Backpack KAITO_USDC_PERP+0.0100%1h0.3468+2.887%$19K$164K10xas long as short
Variational Omni KAITO+0.0100%4h0.3478+3.202%$44K$230Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3476+3.139%$235K$3.0M10xas long as short
ApeX Omni KAITOUSDT+0.0100%1h0.3475+3.110%$30K$257K50xas long as short
Polymarket Perps KAITO-USD+0.0100%1h0.3471+2.997%$11K$4.2M5xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3469+2.926%$3K$2K10xas long as short
Paradex KAITO-USD-PERP+0.0101%8h0.3470+2.961%$4K$60410xas long as short
Extended KAITO-USD+0.0104%1h0.3471+2.985%$62K$41K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3468+2.894%$241K$1K3xas long as short
edgeX KAITOUSDC+0.0114%4h0.3469+2.931%$17K$321K5xas long as short
BloFin KAITO-USDT+0.0114%4h0.3469+2.932%$545K$61K75xas long as short
Hyperliquid KAITO+0.0931%1h0.3475+3.121%$2.0M$764K5xas long as short
Kraken Futures PF_KAITOUSD+0.1007%1h0.3472+3.010%$240K$157K10xas long as short
Lighter KAITOshort+0.1504%1h0.3486+3.421%$83K$83K5x
01 Exchange KAITOUSD+0.8848%1h0.3567+5.836%$6K$2K3xas long as short