KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.1825%/8h= +199.8% APRnext payment +$2.28 per $10,000 · paid last 24h +0.147%

Price spread now: Lighter against Backpack+0.360%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.189%−$19 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 +$55 a day on $10k at the current rate, and Lighter is 0.360% dearer against Backpack than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.189%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.189% in total (about -9.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.28 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	Backpack KAITO_USDC_PERP	0.3473	−0.0489	get 0.0061% / 1h	41m 41s	$20K	$176K	10x
Short	Lighter KAITO	0.3485	0.1336	get 0.0167% / 1h	41m 41s	$86K	$93K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Backpack. 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 BackpackbpFee LighterbpOrdersPrice spread, now +0.360%Rate

Funding earned: $383.26
Price spread: +0.360% → 0.000%: $36
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $409.26
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Backpack: live order book, 26 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Backpack live order book, 26 min ago	1.43 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Lighter no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack KAITO_USDC_PERPlong	−0.0489%	1h	0.3473	long leg	$20K	$176K	10x
Injective KAITO/USDC PERP	−0.0064%	1h	0.3466	−0.187%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−2.943%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0076%	4h	0.3463	−0.274%	$555K	$61K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3475	+0.072%	$115K	$38K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3473	+0.013%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3472	−0.014%	$10.6M	$16.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3474	+0.043%	$4.3M	$7.1M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3472	−0.014%	$4.2M	$10.2M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3475	+0.072%	$681K	$1.7M	75x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC KAITO_USDT	+0.0100%	4h	0.3469	−0.101%	$3.3M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3474	+0.043%	$1.4M	$168K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3475	+0.072%	$4.3M	$3.2M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3475	+0.072%	—	$6.7M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3465	−0.203%	$43K	$230K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3466	−0.175%	$237K	$2.8M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3466	−0.187%	$30K	$256K	50x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3472	−0.017%	$3K	$2K	10x	as long as short
edgeX KAITOUSDC	+0.0102%	4h	0.3464	−0.232%	$17K	$325K	5x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3476	+0.098%	$78K	$54K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3470	−0.079%	$241K	—	3x	as long as short
Polymarket Perps KAITO-USD	+0.0113%	1h	0.3474	+0.037%	$14K	$4.1M	5x	as long as short
Paradex KAITO-USD-PERP	+0.0119%	8h	0.3475	+0.063%	$4K	$604	10x	as long as short
Kraken Futures PF_KAITOUSD	+0.0978%	1h	0.3472	−0.009%	$241K	$159K	10x	as long as short
Hyperliquid KAITO	+0.1003%	1h	0.3479	+0.190%	$2.0M	$785K	5x	as long as short
Lighter KAITOshort	+0.1336%	1h	0.3485	+0.360%	$86K	$93K	5x
01 Exchange KAITOUSD	+0.5728%	1h	0.3556	+2.399%	$6K	$2K	3x	as long as short