Funding arb · Price arb /

KAITO

all KAITO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0928%/8hpaid last 24h +0.050%

Price spread now: Lighter against BloFin+0.538%60s7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.118%+$12 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 +$28 a day on $10k at the current rate, and Lighter is 0.538% dearer against BloFin than usual: you sell high and buy low: +$54 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 60 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 0.118% in total (about 6.2% 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	BloFin KAITO-USDT	0.3423	0.0080	pay 0.0040% / 4h	3m 54s	$539K	$58K	75x
Short	Lighter KAITO	0.3441	0.1008	get 0.0126% / 1h	3m 54s	$82K	$84K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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 BloFinbpFee LighterbpOrdersPrice spread, now +0.538%Rate

Funding earned: $194.88
Price spread: +0.538% → 0.000%: $53.75
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: $236.63
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 26 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 BloFin live order book, 26 min ago	2.92 bp	10.7 bp −$11	28.0 bp −$280	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
Kraken Futures PF_KAITOUSD	−0.0558%	1h	0.3432	+0.257%	$235K	$160K	10x	as long as short
Injective KAITO/USDC PERP	−0.0033%	1h	0.3422	−0.029%	$6K	$52K	12x	as long as short
Reya KAITORUSDPERP	0.0000%	1h	0.3370	−1.540%	—	—	—	as long as short
BloFin KAITO-USDTlong	+0.0080%	4h	0.3423	long leg	$539K	$58K	75x
Aster KAITOUSDT	+0.0100%	4h	0.3429	+0.186%	$115K	$34K	10x	as long as short
Pacifica KAITO	+0.0100%	1h	0.3425	+0.058%	$17K	$12K	5x	as long as short
Binance KAITOUSDT	+0.0100%	4h	0.3432	+0.263%	$10.4M	$15.5M	75x	as long as short
Bybit KAITOUSDT	+0.0100%	4h	0.3436	+0.380%	$4.2M	$6.6M	75x	as long as short
OKX KAITO-USDT-SWAP	+0.0100%	4h	0.3430	+0.204%	$4.1M	$10.0M	50x	as long as short
Gate KAITO_USDT	+0.0100%	4h	0.3433	+0.292%	$666K	$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	0.3432	+0.263%	$3.2M	$998K	50x	as long as short
KuCoin KAITOUSDTM	+0.0100%	4h	0.3430	+0.204%	$1.4M	$185K	30x	as long as short
Bitget KAITOUSDT	+0.0100%	4h	0.3435	+0.351%	$4.2M	$2.9M	75x	as long as short
BingX KAITO-USDC	+0.0100%	4h	0.3433	+0.292%	—	$6.5M	—	as long as short
Backpack KAITO_USDC_PERP	+0.0100%	1h	0.3432	+0.254%	$17K	$174K	10x	as long as short
Variational Omni KAITO	+0.0100%	4h	0.3427	+0.131%	$43K	$237K	—	as long as short
GRVT KAITO_USDT_Perp	+0.0100%	4h	0.3427	+0.108%	$235K	$3.1M	10x	as long as short
ApeX Omni KAITOUSDT	+0.0100%	1h	0.3425	+0.058%	$27K	$256K	50x	as long as short
Polymarket Perps KAITO-USD	+0.0100%	1h	0.3430	+0.210%	$10K	$3.8M	5x	as long as short
Orderly PERP_KAITO_USDC_mythos	+0.0100%	4h	0.3427	+0.117%	$3K	$2K	10x	as long as short
Paradex KAITO-USD-PERP	+0.0100%	8h	0.3429	+0.169%	$4K	$604	10x	as long as short
Extended KAITO-USD	+0.0104%	1h	0.3433	+0.287%	$57K	$37K	10x	as long as short
Aevo KAITO-PERP	+0.0104%	1h	0.3432	+0.263%	$238K	$1K	3x	as long as short
edgeX KAITOUSDC	+0.0116%	4h	0.3428	+0.151%	$17K	$319K	5x	as long as short
01 Exchange KAITOUSD	+0.0240%	1h	0.3429	+0.167%	$6K	$4K	3x	as long as short
Hyperliquid KAITO	+0.0662%	1h	0.3439	+0.462%	$2.0M	$720K	5x	as long as short
Lighter KAITOshort	+0.1008%	1h	0.3441	+0.538%	$82K	$84K	5x