Funding you earn now, next payment 09:00 UTC−0.0772%/8h= −84.5% APRpaid last 24h −0.244%
Price spread now: BingX against Lighter−0.474%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$970.973% of the position
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 4 days (all we have)+0.452%+$45 · spread now −0.474%, 7d avg −0.102%
=Together, before fees+0.213%+ Points / potential airdropLighter: Season 3 · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and BingX is 0.372% cheaper against Lighter than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of −0.102%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.238% in total (about -12.4% 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 | 0.3520 | 0.0872 | pay 0.0109% / 1h | 12m 45s | $86K | $102K | 5x |
| Short | BingX KAITO-USDT | 0.3503 | 0.0100 | get 0.0050% / 4h | 3h 12m | — | $6.8M | — |
Lighter KAITO
BingX KAITO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$162.12
- Price spread: −0.474% → −0.102%
- −$37.25
- Slippage, 4 orders
- −$87.31
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$296.67
- Costs to cover
- 0.973%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 58 min ago; BingX: live order book, 10 min ago.
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 live order book, 58 min ago | 28.30 bp | 38.3 bp −$38 | 74.3 bp −$743 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.25 bp | 13.7 bp −$14 | 31.1 bp −$311 | 156.3 bp −$15.6K | 636.6 bp −$318.3K |
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 | −0.0416% | 1h | 0.3496 | −0.684% | $247K | $165K | 10x | as long as short |
| Backpack KAITO_USDC_PERP | −0.0166% | 1h | 0.3499 | −0.597% | $18K | $200K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.243% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0020% | 1h | 0.3535 | +0.435% | $7K | $52K | 12x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3507 | −0.360% | $116K | $63K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3504 | −0.436% | $19K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3503 | −0.467% | $10.7M | $18.0M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3504 | −0.446% | $4.6M | $8.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3501 | −0.531% | $4.3M | $11.6M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3503 | −0.474% | $653K | $1.8M | 75x | as long as short |
Kraken Futures PF_KAITOUSD
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3506 | −0.389% | $3.5M | $1.3M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3506 | −0.389% | $1.4M | $171K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3507 | −0.361% | $4.5M | $3.7M | 75x | as long as short |
| BingX KAITO-USDTshort | +0.0100% | 4h | 0.3503 | −0.474% | — | $6.8M | — | |
| Variational Omni KAITO | +0.0100% | 4h | 0.3515 | −0.134% | $44K | $210K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3512 | −0.207% | $245K | $2.3M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3510 | −0.276% | $29K | $259K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3503 | −0.474% | $18K | $5.0M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3503 | −0.480% | $3K | $2K | 10x | as long as short |
| edgeX KAITOUSDC | +0.0103% | 4h | 0.3512 | −0.220% | $17K | $329K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0104% | 8h | 0.3503 | −0.462% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3503 | −0.465% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3500 | −0.557% | $243K | — | 3x | as long as short |
| BloFin KAITO-USDT | +0.0153% | 4h | 0.3503 | −0.474% | $550K | $67K | 75x | as long as short |
| Hyperliquid KAITO | +0.0167% | 1h | 0.3509 | −0.313% | $2.0M | $949K | 5x | as long as short |
| Lighter KAITOlong | +0.0872% | 1h | 0.3520 | long leg | $86K | $102K | 5x | |
| 01 Exchange KAITOUSD | +0.3928% | 1h | 0.3580 | +1.713% | $6K | $609 | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
BloFin KAITO-USDT
Hyperliquid KAITO
01 Exchange KAITOUSD