Spread before costs (cost unknown: a leg has no order-book sample)+0.537%
7d average—if it closes, per $10,000$54funding while held, a day+$33.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack KAITO_USDC_PERP | 0.3485 | 0.0100 | pay 0.0013% / 1h | 22m 04s | $18K | $166K | 10x |
| Short | Lighter KAITO | 0.3504 | 0.1208 | get 0.0151% / 1h | 22m 04s | $82K | $72K | 5x |
Backpack KAITO_USDC_PERP
Lighter KAITOPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $53.65
- Funding while held
- $33.24
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $76.89
- Spread needed to break even
- 0.100%
Slippage unknown: Backpack: live order book, 53 min ago; Lighter: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1108%
- Per $10,000 a day
- +$33.24
- Average in range /8h
- —
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, 53 min ago | 0.14 bp | 10.9 bp −$11 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Reya0.3370cheapestOKX0.3484+3.377%ApeX Omni0.3485+3.407%BloFin0.3485+3.407%
Reya
OKX
ApeX Omni
BloFinBackpack0.3485+3.416%
MEXC0.3486+3.437%Orderly0.3487+3.460%edgeX0.3487+3.462%Binance0.3487+3.466%Paradex0.3487+3.468%Pacifica0.3487+3.481%Aevo0.3488+3.496%Gate0.3488+3.496%KuCoin0.3488+3.496%BingX0.3488+3.496%Extended0.3488+3.498%Aster0.3488+3.502%Polymarket Perps0.3490+3.544%Bybit0.3491+3.585%Bitget0.3491+3.585%Hyperliquid0.3493+3.656%Injective0.3496+3.733%Variational Omni0.3498+3.784%
MEXC
Orderly
Binance
Paradex
Pacifica
Aevo
Gate
KuCoin
BingX
Extended
Aster
Polymarket Perps
Bybit
Bitget
Hyperliquid
Injective
Variational OmniLighter0.3504+3.971%
Kraken Futures0.3552+5.397%01 Exchange0.3553+5.416%
Kraken FuturesKAITO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERP | −3.303% | 0.0000% | 1h | — | — | — | as long as short |
| OKX KAITO-USDT-SWAP | −0.037% | +0.0100% | 4h | $4.1M | $9.8M | 50x | as long as short |
| ApeX Omni KAITOUSDT | −0.009% | +0.0100% | 1h | $28K | $255K | 50x | as long as short |
| BloFin KAITO-USDT | −0.009% | +0.0067% | 4h | $558K | $49K | 75x | as long as short |
| Backpack KAITO_USDC_PERPlong | 0.000% | +0.0100% | 1h | $18K | $166K | 10x | |
| MEXC KAITO_USDT | +0.020% | +0.0100% | 4h | $3.4M | $1.1M | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.043% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| edgeX KAITOUSDC | +0.044% | +0.0117% | 4h | $18K | $319K | 5x | as long as short |
| Binance KAITOUSDT | +0.049% | +0.0100% | 4h | $10.7M | $14.5M | 75x | as long as short |
| Paradex KAITO-USD-PERP | +0.051% | +0.0104% | 8h | $4K | $604 | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica KAITO | +0.063% | +0.0100% | 1h | $17K | $11K | 5x | as long as short |
| Aevo KAITO-PERP | +0.077% | +0.0104% | 1h | $242K | $1K | 3x | as long as short |
| Gate KAITO_USDT | +0.077% | +0.0100% | 4h | $649K | $1.6M | 75x | as long as short |
| KuCoin KAITOUSDTM | +0.077% | +0.0100% | 4h | $1.4M | $163K | 30x | as long as short |
| BingX KAITO-USDC | +0.077% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Extended KAITO-USD | +0.079% | +0.0104% | 1h | $54K | $33K | 10x | as long as short |
| Aster KAITOUSDT | +0.083% | +0.0100% | 4h | $120K | $31K | 10x | as long as short |
| Polymarket Perps KAITO-USD | +0.123% | +0.0100% | 1h | $12K | $3.6M | 5x | as long as short |
| Bybit KAITOUSDT | +0.164% | +0.0100% | 4h | $4.4M | $6.0M | 75x | as long as short |
| Bitget KAITOUSDT | +0.164% | +0.0100% | 4h | $4.1M | $2.5M | 75x | as long as short |
| Hyperliquid KAITO | +0.232% | +0.0825% | 1h | $2.0M | $651K | 5x | as long as short |
| Injective KAITO/USDC PERP | +0.307% | +0.0203% | 1h | $7K | $115K | 12x | as long as short |
| Variational Omni KAITO | +0.356% | +0.0100% | 4h | $45K | $235K | — | as long as short |
| Lighter KAITOshort | +0.537% | +0.1208% | 1h | $82K | $72K | 5x | |
| Kraken Futures PF_KAITOUSD | +1.915% | +0.0353% | 1h | $247K | $143K | 10x | as long as short |
| 01 Exchange KAITOUSD | +1.934% | +1.2752% | 1h | $6K | $4K | 3x | as long as short |