KAITO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1324%/8h= +145.0% APRnext payment +$1.65 per $10,000 · paid last 24h +0.098%

Price spread now: Lighter against Polymarket Perps+0.385%45s7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.486%+$49 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 +$40 a day on $10k at the current rate, and Lighter is 0.385% dearer against Polymarket Perps than usual: you sell high and buy low: +$38 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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 0.486% in total (about 25.3% 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	Polymarket Perps KAITO-USD	0.3484	0.0100	pay 0.0013% / 1h	39m 31s	$11K	$4.2M	5x
Short	Lighter KAITO	0.3498	0.1424	get 0.0178% / 1h	39m 31s	$84K	$82K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Polymarket Perps. 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 Polymarket PerpsbpFee LighterbpOrdersPrice spread, now +0.385%Rate

Funding earned: $278.04
Price spread: +0.385% → 0.000%: $38.46
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $308.5
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Polymarket Perps: live order book, 5 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 Polymarket Perps live order book, 5 min ago	3.01 bp	7.0 bp −$7	7.2 bp −$72	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
Injective KAITO/USDC PERP	−0.0010%	1h	0.3485	+0.017%	$7K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−3.278%	—	—	—	as long as short
BloFin KAITO-USDT	+0.0082%	4h	0.3482	−0.069%	$546K	$61K	75x	as long as short
Aster KAITOUSDT	+0.0100%	4h	0.3484	−0.018%	$116K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3484	−0.010%	$18K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3482	−0.077%	$10.6M	$15.7M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3483	−0.040%	$4.4M	$6.7M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3479	−0.155%	$4.2M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3485	+0.017%	$691K	$1.7M	75x	as long as short
MEXC KAITO_USDT	+0.0100%	4h	0.3482	−0.069%	$3.3M	$1.0M	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	0.3485	+0.017%	$1.4M	$166K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3487	+0.075%	$4.3M	$3.0M	75x	as long as short
BingX KAITO-USDT	+0.0100%	4h	0.3483	−0.040%	—	$6.7M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3482	−0.072%	$19K	$165K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3486	+0.033%	$44K	$230K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3486	+0.059%	$235K	$3.0M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3483	−0.040%	$30K	$257K	50x	as long as short
Polymarket Perps KAITO-USDlong	+0.0100%	1h	0.3484	long leg	$11K	$4.2M	5x
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3483	−0.032%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0101%	8h	0.3483	−0.053%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3483	−0.043%	$62K	$41K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3483	−0.040%	$242K	$1K	3x	as long as short
edgeX KAITOUSDC	+0.0112%	4h	0.3484	−0.024%	$17K	$321K	5x	as long as short
Hyperliquid KAITO	+0.0848%	1h	0.3490	+0.172%	$2.0M	$757K	5x	as long as short
Kraken Futures PF_KAITOUSD	+0.1003%	1h	0.3485	+0.027%	$240K	$156K	10x	as long as short
Lighter KAITOshort	+0.1424%	1h	0.3498	+0.385%	$84K	$82K	5x
01 Exchange KAITOUSD	+0.8536%	1h	0.3574	+2.560%	$6K	$2K	3x	as long as short