Spread before costs (cost unknown: a leg has no order-book sample)−0.457%
7d average—if it closes, per $10,000$46funding while held, a day−$27.48
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter KAITO | 0.3454 | 0.1016 | pay 0.0127% / 1h | 23m 03s | $83K | $83K | 5x |
| Short | Binance KAITOUSDT | 0.3438 | 0.0100 | get 0.0050% / 4h | 1h 23m | $10.5M | $15.4M | 75x |
Lighter KAITO
Binance KAITOUSDTPrice 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
- −$45.75
- Funding while held
- −$27.48
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.23
- Spread needed to break even
- 0.100%
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0916%
- Per $10,000 a day
- −$27.48
- 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 1.46 bp | 13.1 bp −$13 | 35.2 bp −$352 | 322.6 bp −$32.3K | doesn't fit |
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.Reya0.3370cheapestedgeX0.3432+1.826%ApeX Omni0.3432+1.831%Backpack0.3436+1.935%Variational Omni0.3436+1.939%Aster0.3436+1.946%Orderly0.3436+1.947%Pacifica0.3436+1.949%OKX0.3436+1.950%MEXC0.3436+1.950%01 Exchange0.3437+1.970%Aevo0.3437+1.971%Paradex0.3437+1.975%Gate0.3437+1.979%KuCoin0.3437+1.979%BingX0.3437+1.979%Injective0.3437+1.979%BloFin0.3437+1.979%Polymarket Perps0.3438+2.000%Extended0.3438+2.004%
Reya
ApeX Omni
Backpack
Variational Omni
Aster
Orderly
Pacifica
OKX
MEXC
Aevo
Paradex
Gate
KuCoin
BingX
Injective
BloFin
Polymarket Perps
ExtendedBinance0.3438+2.009%
Bybit0.3440+2.068%Bitget0.3440+2.068%Hyperliquid0.3443+2.152%Kraken Futures0.3443+2.154%
Bybit
Bitget
Hyperliquid
Kraken FuturesLighter0.3454+2.478%
KAITO on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERP | −2.418% | 0.0000% | 1h | — | — | — | as long as short |
| edgeX KAITOUSDC | −0.636% | +0.0102% | 4h | $17K | $319K | 5x | as long as short |
| ApeX Omni KAITOUSDT | −0.631% | +0.0100% | 1h | $27K | $255K | 50x | as long as short |
| Backpack KAITO_USDC_PERP | −0.530% | +0.0100% | 1h | $17K | $172K | 10x | as long as short |
| Variational Omni KAITO | −0.525% | +0.0100% | 4h | $43K | $237K | — | as long as short |
| Aster KAITOUSDT | −0.519% | +0.0100% | 4h | $116K | $34K | 10x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | −0.518% | +0.0100% | 4h | $3K | $2K | 10x | as long as short |
| Pacifica KAITO | −0.516% | +0.0100% | 1h | $17K | $12K | 5x | as long as short |
| OKX KAITO-USDT-SWAP | −0.515% | +0.0100% | 4h | $4.1M | $10.5M | 50x | as long as short |
| MEXC KAITO_USDT | −0.515% | +0.0100% | 4h | $3.2M | $1.0M | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange KAITOUSD | −0.495% | +0.0392% | 1h | $6K | $4K | 3x | as long as short |
| Aevo KAITO-PERP | −0.494% | +0.0104% | 1h | $239K | $1K | 3x | as long as short |
| Paradex KAITO-USD-PERP | −0.490% | +0.0102% | 8h | $4K | $604 | 10x | as long as short |
| Gate KAITO_USDT | −0.486% | +0.0100% | 4h | $671K | $1.7M | 75x | as long as short |
| KuCoin KAITOUSDTM | −0.486% | +0.0100% | 4h | $1.4M | $183K | 30x | as long as short |
| BingX KAITO-USDC | −0.486% | +0.0100% | 4h | — | $6.5M | — | as long as short |
| Injective KAITO/USDC PERP | −0.486% | −0.0327% | 1h | $6K | $87K | 12x | as long as short |
| BloFin KAITO-USDT | −0.486% | +0.0120% | 4h | $549K | $56K | 75x | as long as short |
| Polymarket Perps KAITO-USD | −0.466% | +0.0100% | 1h | $16K | $3.8M | 5x | as long as short |
| Extended KAITO-USD | −0.463% | +0.0104% | 1h | $57K | $37K | 10x | as long as short |
| Binance KAITOUSDTshort | −0.457% | +0.0100% | 4h | $10.5M | $15.4M | 75x | |
| Bybit KAITOUSDT | −0.400% | +0.0100% | 4h | $4.2M | $6.6M | 75x | as long as short |
| Bitget KAITOUSDT | −0.400% | +0.0100% | 4h | $4.1M | $2.8M | 75x | as long as short |
| Hyperliquid KAITO | −0.318% | +0.0600% | 1h | $2.0M | $711K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | −0.316% | +0.0998% | 1h | $239K | $157K | 10x | as long as short |
| Lighter KAITOlong | 0.000% | +0.1016% | 1h | $83K | $83K | 5x |