Funding you earn now, next payment 09:00 UTC−0.1108%/8h= −121.3% APRnext payment −$1.38 per $10,000 · paid last 24h −0.390%
Price spread now: Injective against Lighter+0.244%66s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.658%+$66 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
The price spread pays, funding is against you. Injective is 0.244% dearer against Lighter than usual: you sell high and buy low (spread +0.244% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 18 hours. Mind the row above: over the last 7 days funding on this pair paid +0.658%, so the current rate has only just turned against you. The two prices were read 66 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 0.658% in total (about 34.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.38 per $10,000. 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 | 0.3526 | 0.1128 | pay 0.0141% / 1h | 55m 50s | $87K | $98K | 5x |
| Short | Injective KAITO/USDC PERP | 0.3535 | 0.0020 | get 0.0003% / 1h | 55m 50s | $7K | $52K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$232.63
- Price spread: +0.244% → 0.000%
- $24.39
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$208.26
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 14 min ago; Injective: 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 Lighter live order book, 14 min ago | 28.30 bp | 38.3 bp −$38 | 74.3 bp −$743 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0829% | 1h | 0.3509 | −0.505% | $18K | $195K | 10x | as long as short |
| Kraken Futures PF_KAITOUSD | −0.0415% | 1h | 0.3508 | −0.518% | $247K | $165K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.425% | — | — | — | as long as short |
| Injective KAITO/USDC PERPshort | +0.0020% | 1h | 0.3535 | +0.244% | $7K | $52K | 12x | |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3510 | −0.475% | $116K | $63K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3515 | −0.311% | $19K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3507 | −0.557% | $10.7M | $17.9M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3508 | −0.522% | $4.6M | $8.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3505 | −0.607% | $4.3M | $11.6M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3509 | −0.493% | $664K | $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 | 0.3505 | −0.607% | $3.3M | $1.2M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3507 | −0.550% | $1.4M | $172K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3510 | −0.465% | $4.4M | $3.6M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3507 | −0.550% | — | $6.8M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3511 | −0.439% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3515 | −0.331% | $250K | $2.3M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3515 | −0.323% | $29K | $259K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3513 | −0.394% | $18K | $5.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3513 | −0.394% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3505 | −0.619% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3511 | −0.437% | $244K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0107% | 8h | 0.3514 | −0.363% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0116% | 4h | 0.3515 | −0.334% | $17K | $326K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0137% | 4h | 0.3517 | −0.267% | $561K | $68K | 75x | as long as short |
| Hyperliquid KAITO | +0.0486% | 1h | 0.3511 | −0.431% | $2.1M | $907K | 5x | as long as short |
| Lighter KAITOlong | +0.1128% | 1h | 0.3526 | long leg | $87K | $98K | 5x | |
| 01 Exchange KAITOUSD | +0.7392% | 1h | 0.3590 | +1.812% | $6K | $916 | 3x | as long as short |
Lighter KAITO
Injective KAITO/USDC PERP
Backpack KAITO_USDC_PERP
Kraken Futures PF_KAITOUSD
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Extended KAITO-USD
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
BloFin KAITO-USDT
Hyperliquid KAITO
01 Exchange KAITOUSD