Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.1241%/8h= +135.9% APRpaid last 24h +0.136%

Price spread now: Lighter against edgeX−0.071%7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.163%+$16 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.071% cheaper against edgeX than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5 hours of funding at the current rate (+$37 a day). At the pace of the last 7 days (+0.163% in total) that is about 3.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.163% in total (about 8.5% a year). A funding rate is set anew for every payment. 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	edgeX KAITOUSDC	0.3480	0.0111	pay 0.0056% / 4h	2h 39m	$17K	$322K	5x
Short	Lighter KAITO	0.3478	0.1352	get 0.0169% / 1h	39m 17s	$86K	$93K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against edgeX. 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 edgeXbpFee LighterbpOrdersPrice spread, now −0.071%Rate

Funding earned: $260.57
Price spread: −0.071% → 0.000%: −$7.08
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: $244.49
Costs to cover: 0.090%
Break-even: 0.4 days

Slippage unknown: edgeX: live order book, 29 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 edgeX live order book, 29 min ago	2.86 bp	11.6 bp −$12	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_PERP	−0.0534%	1h	0.3459	−0.614%	$18K	$177K	10x	as long as short
Injective KAITO/USDC PERP	−0.0064%	1h	0.3466	−0.404%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.155%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0076%	4h	0.3463	−0.490%	$555K	$61K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3461	−0.538%	$115K	$38K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3465	−0.433%	$18K	$15K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3467	−0.375%	$10.6M	$16.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3470	−0.289%	$4.3M	$7.1M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3464	−0.462%	$4.2M	$10.2M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3464	−0.462%	$678K	$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	0.3466	−0.404%	$3.3M	$1.0M	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3464	−0.462%	$1.4M	$168K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3471	−0.260%	$4.3M	$3.2M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3466	−0.404%	—	$6.5M	—	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3475	−0.132%	$44K	$230K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3470	−0.289%	$237K	$2.8M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3481	+0.027%	$30K	$257K	50x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3465	−0.433%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3467	−0.370%	$77K	$54K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3466	−0.404%	$241K	—	3x	as long as short
Polymarket Perps KAITO-USD	+0.0108%	1h	0.3469	−0.306%	$15K	$4.1M	5x	as long as short
edgeX KAITOUSDClong	+0.0111%	4h	0.3480	long leg	$17K	$322K	5x
Paradex KAITO-USD-PERP	+0.0119%	8h	0.3463	−0.500%	$4K	$604	10x	as long as short
Kraken Futures PF_KAITOUSD	+0.0979%	1h	0.3468	−0.341%	$241K	$153K	10x	as long as short
Hyperliquid KAITO	+0.0992%	1h	0.3473	−0.189%	$2.0M	$780K	5x	as long as short
Lighter KAITOshort	+0.1352%	1h	0.3478	−0.071%	$86K	$93K	5x
01 Exchange KAITOUSD	+0.6000%	1h	0.3548	+1.958%	$6K	$2K	3x	as long as short