Funding you earn now, next payment 01:00 UTC−0.1660%/8h= −181.8% APRpaid last 24h −0.119%
Price spread now: KuCoin against Lighter−0.238%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−0.125%−$13 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 −$50 a day on $10k at the current rate, and KuCoin is 0.238% cheaper against Lighter than usual: you would sell low and buy high (−$24 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 -0.125% in total (about -6.5% 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 | 0.3493 | 0.1760 | pay 0.0220% / 1h | 28m 54s | $89K | $89K | 5x |
| Short | KuCoin KAITOUSDTM | 0.3485 | 0.0100 | get 0.0050% / 4h | 3h 28m | $1.4M | $165K | 30x |
Lighter KAITO
KuCoin KAITOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$348.6
- Price spread: −0.238% → 0.000%
- −$23.76
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$384.36
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 5.74 bp | 129.2 bp −$129 | 877.7 bp −$8,777 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective KAITO/USDC PERP | −0.0015% | 1h | 0.3490 | −0.094% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.524% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0090% | 4h | 0.3478 | −0.438% | $548K | $60K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3483 | −0.300% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3478 | −0.427% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3485 | −0.235% | $10.6M | $15.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3486 | −0.209% | $4.4M | $6.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3485 | −0.238% | $4.2M | $10.1M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3485 | −0.238% | $695K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3484 | −0.266% | $3.4M | $1.0M | 50x | as long as short |
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTMshort | +0.0100% | 4h | 0.3485 | −0.238% | $1.4M | $165K | 30x | |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3493 | −0.009% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3484 | −0.266% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3480 | −0.386% | $19K | $161K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3480 | −0.382% | $44K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3477 | −0.454% | $234K | $2.9M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3479 | −0.409% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3481 | −0.361% | $14K | $4.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3477 | −0.467% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0102% | 8h | 0.3478 | −0.447% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3488 | −0.159% | $78K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3478 | −0.424% | $241K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0114% | 4h | 0.3478 | −0.440% | $17K | $324K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0855% | 1h | 0.3478 | −0.434% | $241K | $156K | 10x | as long as short |
| Hyperliquid KAITO | +0.1081% | 1h | 0.3491 | −0.069% | $2.0M | $768K | 5x | as long as short |
| Lighter KAITOlong | +0.1760% | 1h | 0.3493 | long leg | $89K | $89K | 5x | |
| 01 Exchange KAITOUSD | +0.4624% | 1h | 0.3479 | −0.421% | $6K | $2K | 3x | as long as short |
Bitget KAITOUSDT
BingX KAITO-USDC
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
01 Exchange KAITOUSD