Funding you earn now, next payment 00:00 UTC−0.1244%/8h= −136.2% APRpaid last 24h −0.102%
Price spread now: Binance against Lighter−0.282%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.155%−$16 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 against this trade now: funding costs −$37 a day on $10k at the current rate, and Binance is 0.282% cheaper against Lighter than usual: you would sell low and buy high (−$28 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 -0.155% in total (about -8.1% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter KAITO | 0.3507 | 0.1344 | pay 0.0168% / 1h | 51m 08s | $84K | $82K | 5x |
| Short | Binance KAITOUSDT | 0.3497 | 0.0100 | get 0.0050% / 4h | 51m 08s | $10.6M | $15.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$261.24
- Price spread: −0.282% → 0.000%
- −$28.23
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$299.47
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 4 min ago. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 1.43 bp | 12.7 bp −$13 | 32.5 bp −$325 | 353.5 bp −$35.4K | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective KAITO/USDC PERP | −0.0010% | 1h | 0.3485 | −0.624% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.897% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0051% | 4h | 0.3494 | −0.368% | $546K | $61K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3494 | −0.381% | $117K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3495 | −0.333% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDTshort | +0.0100% | 4h | 0.3497 | −0.282% | $10.6M | $15.7M | 75x | |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3500 | −0.197% | $4.4M | $6.7M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3495 | −0.339% | $4.2M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3497 | −0.282% | $696K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3496 | −0.311% | $3.3M | $1.0M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3495 | −0.339% | $1.4M | $166K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3501 | −0.168% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3497 | −0.282% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3495 | −0.331% | $19K | $166K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3492 | −0.424% | $44K | $231K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3492 | −0.430% | $236K | $3.0M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3496 | −0.311% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3497 | −0.282% | $15K | $4.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3493 | −0.382% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0101% | 8h | 0.3495 | −0.346% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3497 | −0.288% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3492 | −0.429% | $242K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3492 | −0.418% | $17K | $321K | 5x | as long as short |
| Hyperliquid KAITO | +0.0744% | 1h | 0.3504 | −0.083% | $2.0M | $742K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.1001% | 1h | 0.3492 | −0.421% | $241K | $155K | 10x | as long as short |
| Lighter KAITOlong | +0.1344% | 1h | 0.3507 | long leg | $84K | $82K | 5x | |
| 01 Exchange KAITOUSD | +0.8480% | 1h | 0.3581 | +2.110% | $6K | $2K | 3x | as long as short |
Lighter KAITO
Binance KAITOUSDT
Injective KAITO/USDC PERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Paradex KAITO-USD-PERP
Extended KAITO-USD
edgeX KAITOUSDC
Hyperliquid KAITO
Kraken Futures PF_KAITOUSD
01 Exchange KAITOUSD