Funding you earn now, next payment 02:00 UTC−0.0308%/8h= −33.7% APRnext payment −$0.39 per $10,000 · paid last 24h +0.060%
Price spread now: Kraken Futures against Lighter−0.456%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+0.567%+$57 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 −$9 a day on $10k at the current rate, and Kraken Futures is 0.456% cheaper against Lighter than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.567%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter KAITO | 0.3483 | 0.1288 | pay 0.0161% / 1h | 44m 47s | $86K | $93K | 5x |
| Short | Kraken Futures PF_KAITOUSD | 0.3467 | 0.0980 | get 0.0122% / 1h | 44m 47s | $241K | $159K | 10x |
Lighter KAITO
Kraken Futures PF_KAITOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$64.72
- Price spread: −0.456% → 0.000%
- −$45.59
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$120.31
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Kraken Futures: live order book, 23 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 Kraken Futures live order book, 23 min ago | 5.71 bp | 60.8 bp −$61 | 179.6 bp −$1,796 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0517% | 1h | 0.3468 | −0.439% | $21K | $172K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0064% | 1h | 0.3466 | −0.482% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.228% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0076% | 4h | 0.3463 | −0.569% | $555K | $61K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3469 | −0.386% | $115K | $38K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3474 | −0.260% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3472 | −0.310% | $10.6M | $16.3M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3474 | −0.253% | $4.3M | $7.0M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3472 | −0.310% | $4.2M | $10.2M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3471 | −0.339% | $681K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
BloFin KAITO-USDT
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 | 0.3471 | −0.339% | $3.3M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3472 | −0.310% | $1.4M | $168K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3475 | −0.224% | $4.3M | $3.2M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3468 | −0.425% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3465 | −0.498% | $43K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3464 | −0.536% | $237K | $2.8M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3466 | −0.482% | $30K | $256K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3468 | −0.413% | $3K | $2K | 10x | as long as short |
| edgeX KAITOUSDC | +0.0102% | 4h | 0.3464 | −0.527% | $17K | $325K | 5x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3470 | −0.358% | $77K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3468 | −0.430% | $241K | — | 3x | as long as short |
| Polymarket Perps KAITO-USD | +0.0109% | 1h | 0.3471 | −0.333% | $17K | $4.1M | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0114% | 8h | 0.3473 | −0.268% | $4K | $604 | 10x | as long as short |
| Kraken Futures PF_KAITOUSDshort | +0.0980% | 1h | 0.3467 | −0.456% | $241K | $159K | 10x | |
| Hyperliquid KAITO | +0.1030% | 1h | 0.3475 | −0.227% | $2.0M | $783K | 5x | as long as short |
| Lighter KAITOlong | +0.1288% | 1h | 0.3483 | long leg | $86K | $93K | 5x | |
| 01 Exchange KAITOUSD | +0.5128% | 1h | 0.3552 | +1.981% | $6K | $2K | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
edgeX KAITOUSDC
Extended KAITO-USD
Aevo KAITO-PERP
Polymarket Perps KAITO-USD
Paradex KAITO-USD-PERP
Hyperliquid KAITO
01 Exchange KAITOUSD