KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.1320%/8h= −144.5% APRnext payment −$1.65 per $10,000 · paid last 24h −0.217%

Price spread now: Aevo against Lighter−0.551%7-day average −0.137% · you buy dearer than you sell

Net, funding: paid 7d − costs−$194as in the Funding arb table

Net, price: spread back to 7d avg − costs−$214as in the Price arb table

costs, in and out, $10k−$1721.721% of the position

Long on Lighter Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days−0.221%−$22 on $10k

Price spread, last 4 days (all we have)+0.499%+$50 · spread now −0.551%, 7d avg −0.137%

Together, before fees+0.277%+ Points / potential airdropLighter: Season 3 · farm board+$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Aevo is 0.414% cheaper against Lighter than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of −0.137%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.65 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	Lighter KAITO	0.3520	0.1424	pay 0.0178% / 1h	15m 21s	$87K	$102K	5x
Short	Aevo KAITO-PERP	0.3501	0.0104	get 0.0013% / 1h	15m 21s	$243K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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 LighterbpFee AevobpOrdersPrice spread, now −0.551%Rate

Funding earned: −$277.2
Price spread: −0.551% → −0.137%: −$41.43
Slippage, 4 orders: −$156.12
Fee Lighter: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$490.75
Costs to cover: 1.721%
Break-even: never at this rate

Slippage from Lighter: live order book, 70 min ago; Aevo: live order book, 29 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 Lighter live order book, 70 min ago	10.47 bp	49.3 bp −$49	83.7 bp −$837	doesn't fit	doesn't fit
Sell Aevo live order book, 29 min ago	37.09 bp	52.6 bp −$53	255.5 bp −$2,555	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	−4.260%	—	—	—	as long as short
Injective KAITO/USDC PERP	+0.0044%	1h	0.3510	−0.295%	$7K	$52K	12x	as long as short
BloFin KAITO-USDT	+0.0079%	4h	0.3513	−0.210%	$550K	$67K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3505	−0.450%	$118K	$51K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3507	−0.368%	$18K	$14K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3502	−0.512%	$10.6M	$17.3M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3502	−0.523%	$4.4M	$8.0M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3498	−0.636%	$4.3M	$11.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3505	−0.437%	$658K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3501	−0.551%	$3.0M	$1.2M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin KAITOUSDTM	+0.0100%	4h	0.3507	−0.381%	$1.4M	$164K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3503	−0.494%	$4.4M	$3.5M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3503	−0.494%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3506	−0.418%	$19K	$190K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3509	−0.327%	$44K	$211K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3511	−0.269%	$239K	$2.5M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3512	−0.239%	$29K	$259K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3502	−0.523%	$15K	$4.7M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3504	−0.452%	$3K	$2K	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3501	−0.545%	$80K	$63K	10x	as long as short
Aevo KAITO-PERPshort	+0.0104%	1h	0.3501	−0.551%	$243K	—	3x
edgeX KAITOUSDC	+0.0116%	4h	0.3513	−0.222%	$18K	$327K	5x	as long as short
Paradex KAITO-USD-PERP	+0.0122%	8h	0.3503	−0.504%	$4K	$604	10x	as long as short
Hyperliquid KAITO	+0.0650%	1h	0.3506	−0.418%	$2.0M	$867K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.0808%	1h	0.3510	−0.298%	$246K	$156K	10x	as long as short
Lighter KAITOlong	+0.1424%	1h	0.3520	long leg	$87K	$102K	5x
01 Exchange KAITOUSD	+0.8240%	1h	0.3584	+1.821%	$6K	$988	3x	as long as short