KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1396%/8h= +152.9% APRnext payment +$1.75 per $10,000 · paid last 24h +0.218%

Price spread now: Lighter against ApeX Omni−0.105%78s7-day average +0.138% · you buy dearer than you sell

Net, funding: paid 7d − costs−$438as 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−$4604.595% of the position

Long on ApeX Omni Short on Lighter

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)+0.103%+$10 · spread now −0.105%, 7d avg +0.138%

Together, before fees+0.316%+ Points / potential airdropLighter: Season 3 · farm board+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.244% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of +0.138%). If the spread goes back, that is −$24 on $10k: about 14 hours of funding at the current rate (+$42 a day). At the pace of the last 7 days (+0.213% in total) that is about 8.0 days. 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 +$1.75 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	ApeX Omni KAITOUSDT	0.3511	0.0100	pay 0.0013% / 1h	52m 16s	$29K	$260K	50x
Short	Lighter KAITO	0.3507	0.1496	get 0.0187% / 1h	52m 16s	$86K	$101K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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 ApeX OmnibpFee LighterbpOrdersPrice spread, now −0.105%Rate

Funding earned: $293.16
Price spread: −0.105% → +0.138%: −$24.38
Slippage, 4 orders: −$449.52
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$190.74
Costs to cover: 4.595%
Break-even: 11.6 days

Slippage from ApeX Omni: live order book, 55 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 ApeX Omni live order book, 55 min ago	7.10 bp	165.3 bp −$165	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 33 min ago	10.47 bp	11.9 bp −$12	88.8 bp −$888	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	−4.005%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3517	+0.171%	$7K	$52K	12x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3492	−0.538%	$117K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3496	−0.434%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3491	−0.561%	$10.6M	$17.2M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3492	−0.541%	$4.3M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3490	−0.598%	$4.3M	$11.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3493	−0.513%	$657K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3490	−0.598%	$3.0M	$1.1M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3497	−0.399%	$1.4M	$171K	30x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget KAITOUSDT	+0.0100%	4h	0.3494	−0.484%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3492	−0.541%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3495	−0.461%	$19K	$185K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3508	−0.089%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3503	−0.228%	$239K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDTlong	+0.0100%	1h	0.3511	long leg	$29K	$260K	50x
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3493	−0.518%	$12K	$4.6M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3491	−0.558%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3492	−0.532%	$80K	$63K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3491	−0.568%	$242K	—	3x	as long as short
edgeX KAITOUSDC	+0.0106%	4h	0.3502	−0.270%	$18K	$325K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0113%	8h	0.3494	−0.475%	$4K	$604	10x	as long as short
BloFin KAITO-USDT	+0.0126%	4h	0.3493	−0.513%	$556K	$68K	75x	as long as short
Hyperliquid KAITO	+0.0645%	1h	0.3496	−0.424%	$2.0M	$864K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0812%	1h	0.3493	−0.511%	$245K	$156K	10x	as long as short
Lighter KAITOshort	+0.1496%	1h	0.3507	−0.105%	$86K	$101K	5x
01 Exchange KAITOUSD	+0.7936%	1h	0.3579	+1.945%	$6K	$988	3x	as long as short