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

KAITO

all KAITO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.1188%/8h= −130.1% APRpaid last 24h −0.185%
Price spread now: OKX against Lighter−0.503%7-day average · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1111.106% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.289%−$29 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$36 a day on $10k at the current rate, and OKX is 0.503% cheaper against Lighter than usual: you would sell low and buy high (−$50 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.289% in total (about -15.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter KAITO0.35370.1288pay 0.0161% / 1h15m 13s$88K$101K5x
ShortOKX KAITO-USDT-SWAP0.35190.0100get 0.0050% / 4h3h 15m$4.3M$10.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Lighter. 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
−$249.48
Price spread: −0.503% → 0.000%
−$50.33
Slippage, 4 orders
−$100.6
Fee Lighter: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$410.41
Costs to cover
1.106%
Break-even
never at this rate
Slippage from Lighter: live order book, 19 min ago; OKX: live order book, 3 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 Lighter live order book, 19 min ago28.19 bp51.3 bp −$5185.6 bp −$856doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.42 bp11.3 bp −$1143.6 bp −$436doesn'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−0.0354%1h0.3526−0.305%$19K$179K10xas long as short
Reya KAITORUSDPERP0.0000%1h0.3370−4.705%as long as short
Injective KAITO/USDC PERP+0.0009%1h0.3511−0.729%$7K$52K12xas long as short
Kraken Futures PF_KAITOUSD+0.0030%1h0.3522−0.425%$247K$156K10xas long as short
BloFin KAITO-USDT+0.0079%4h0.3519−0.503%$561K$68K75xas long as short
Aster KAITOUSDT+0.0100%4h0.3523−0.381%$119K$50K10xas long as short
Pacifica KAITO+0.0100%1h0.3528−0.260%$18K$14K5xas long as short
Binance KAITOUSDT+0.0100%4h0.3521−0.447%$10.7M$16.9M75xas long as short
Bybit KAITOUSDT+0.0100%4h0.3524−0.362%$4.4M$7.8M75xas long as short
OKX KAITO-USDT-SWAPshort+0.0100%4h0.3519−0.503%$4.3M$10.8M50x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate KAITO_USDT+0.0100%4h0.3525−0.334%$666K$1.7M75xas long as short
MEXC KAITO_USDT+0.0100%4h0.3525−0.334%$3.2M$1.1M50xas long as short
KuCoin KAITOUSDTM+0.0100%4h0.3529−0.221%$1.4M$168K30xas long as short
Bitget KAITOUSDT+0.0100%4h0.3527−0.277%$4.4M$3.4M75xas long as short
BingX KAITO-USDC+0.0100%4h0.3524−0.362%$6.5Mas long as short
Variational Omni KAITO+0.0100%4h0.3528−0.238%$44K$211Kas long as short
GRVT KAITO_USDT_Perp+0.0100%4h0.3527−0.270%$250K$2.5M10xas long as short
ApeX Omni KAITOUSDT+0.0100%1h0.3532−0.136%$30K$261K50xas long as short
Polymarket Perps KAITO-USD+0.0100%1h0.3528−0.263%$20K$4.5M5xas long as short
Orderly PERP_KAITO_USDC_mythos+0.0100%4h0.3525−0.334%$3K$2K10xas long as short
Paradex KAITO-USD-PERP+0.0102%8h0.3526−0.294%$4K$60410xas long as short
Extended KAITO-USD+0.0104%1h0.3522−0.432%$79K$62K10xas long as short
Aevo KAITO-PERP+0.0104%1h0.3524−0.350%$245K3xas long as short
edgeX KAITOUSDC+0.0107%4h0.3528−0.252%$17K$326K5xas long as short
Hyperliquid KAITO+0.0706%1h0.3531−0.164%$2.1M$831K5xas long as short
Lighter KAITOlong+0.1288%1h0.3537long leg$88K$101K5x
01 Exchange KAITOUSD+0.6072%1h0.3600+1.790%$6K$2K3xas long as short