Settings8H · net · $10k
Funding arb · Price arb /

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1204%/8h= +131.8% APRnext payment +$1.50 per $10,000 · paid last 24h +0.200%
Price spread now: Lighter against ApeX Omni+0.412%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$470as in the Funding arb table
Net, price: spread back to 7d avg − costs−$462as in the Price arb table
costs, in and out, $10k−$4894.895% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.195%+$19 on $10k
Price spread, last 4 days (all we have)−0.414%−$41 · spread now +0.412%, 7d avg +0.138%
Together, before fees−0.219%+ Points / potential airdropLighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and Lighter is 0.274% dearer against ApeX Omni than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.138%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.195% in total (about 10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni KAITOUSDT0.35190.0100pay 0.0013% / 1h46m 54s$29K$261K50x
ShortLighter KAITO0.35330.1304get 0.0163% / 1h46m 54s$88K$100K5x

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

Funding earned
$252.84
Price spread: +0.412% → +0.138%
$27.36
Slippage, 4 orders
−$479.49
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$209.29
Costs to cover
4.895%
Break-even
12.8 days
Slippage from ApeX Omni: live order book, 65 min ago; Lighter: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 65 min ago7.07 bp164.9 bp −$165doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 47 min ago28.19 bp34.0 bp −$34113.0 bp −$1,130doesn't fitdoesn't fit

KAITO on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack KAITO_USDC_PERP−0.0172%1h0.3519+0.006%$19K$185K10xas long as short
Injective KAITO/USDC PERP−0.0060%1h0.3507−0.341%$7K$52K12xas long as short
Reya KAITORUSDPERP0.0000%1h0.3370−4.224%as long as short
Aster KAITOUSDT+0.0100%4h0.3520+0.035%$119K$50K10xas long as short
Pacifica KAITO+0.0100%1h0.3523+0.118%$18K$14K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3520+0.028%$10.8M$16.9M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.3521+0.057%$4.4M$7.8M75xas long as short
OKX KAITO-USDT-SWAP+0.0100%4h0.3517−0.057%$4.3M$10.9M50xas long as short
Gate KAITO_USDT+0.0100%4h0.3521+0.057%$661K$1.7M75xas long as short
MEXC KAITO_USDT+0.0100%4h0.35190.000%$3.2M$1.1M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin KAITOUSDTM+0.0100%4h0.3517−0.057%$1.4M$179K30xas long as short
Bitget KAITOUSDT+0.0100%4h0.3524+0.142%$4.4M$3.4M75xas long as short
BingX KAITO-USDT+0.0100%4h0.3518−0.028%$6.7Mas long as short
Variational Omni KAITO+0.0100%4h0.3526+0.210%$44K$211Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3522+0.092%$250K$2.5M10xas long as short
ApeX Omni KAITOUSDTlong+0.0100%1h0.3519long leg$29K$261K50x
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3522+0.080%$3K$2K10xas long as short
Extended KAITO-USD+0.0104%1h0.3519+0.009%$80K$64K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3518−0.028%$244K3xas long as short
Paradex KAITO-USD-PERP+0.0107%8h0.3522+0.071%$4K$60410xas long as short
edgeX KAITOUSDC+0.0116%4h0.3522+0.072%$17K$326K5xas long as short
BloFin KAITO-USDT+0.0127%4h0.3523+0.114%$557K$68K75xas long as short
Polymarket Perps KAITO-USD+0.0244%1h0.3524+0.153%$18K$4.6M5xas long as short
Kraken Futures PF_KAITOUSD+0.0384%1h0.3520+0.029%$247K$154K10xas long as short
Hyperliquid KAITO+0.0867%1h0.3524+0.156%$2.1M$843K5xas long as short
Lighter KAITOshort+0.1304%1h0.3533+0.412%$88K$100K5x
01 Exchange KAITOUSD+0.8136%1h0.3600+2.305%$6K$1K3xas long as short