Funding you earn now, next payment 03:00 UTC−0.1400%/8h= −153.3% APRnext payment −$1.75 per $10,000 · paid last 24h —
Price spread now: Reya against Lighter−4.490%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—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and Reya is 4.490% cheaper against Lighter than usual: you would sell low and buy high (−$449 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter KAITO | 0.3529 | 0.1400 | pay 0.0175% / 1h | 56m 54s | $87K | $93K | 5x |
| Short | Reya KAITORUSDPERP | 0.3370 | 0 | get 0.0000% / 1h | 56m 54s | — | — | — |
Lighter KAITO
Reya KAITORUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$294
- Price spread: −4.490% → 0.000%
- −$449.05
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$749.05
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Reya: 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 no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Lighter and Reya: 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 26 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 | −0.0571% | 1h | 0.3515 | −0.377% | $20K | $167K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0368% | 1h | 0.3508 | −0.587% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERPshort | 0.0000% | 1h | 0.3370 | −4.490% | — | — | — | |
| Pacifica KAITO | +0.0100% | 1h | 0.3514 | −0.429% | $18K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3520 | −0.236% | $10.7M | $16.3M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3526 | −0.077% | $4.5M | $7.1M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3522 | −0.190% | $4.3M | $10.4M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3519 | −0.275% | $689K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3520 | −0.247% | $3.4M | $1.0M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3521 | −0.218% | $1.4M | $165K | 30x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTMShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3521 | −0.218% | $4.5M | $3.2M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3520 | −0.247% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3526 | −0.066% | $44K | $229K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3524 | −0.133% | $241K | $2.8M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3520 | −0.247% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3515 | −0.391% | $14K | $4.2M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3513 | −0.459% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3522 | −0.199% | $79K | $54K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3513 | −0.431% | $244K | — | 3x | as long as short |
| Aster KAITOUSDT | +0.0106% | 4h | 0.3515 | −0.385% | $117K | $39K | 10x | as long as short |
| edgeX KAITOUSDC | +0.0112% | 4h | 0.3521 | −0.223% | $18K | $325K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0122% | 8h | 0.3512 | −0.475% | $4K | $604 | 10x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0697% | 1h | 0.3514 | −0.420% | $245K | $148K | 10x | as long as short |
| Hyperliquid KAITO | +0.0913% | 1h | 0.3531 | +0.057% | $2.1M | $782K | 5x | as long as short |
| Lighter KAITOlong | +0.1400% | 1h | 0.3529 | long leg | $87K | $93K | 5x | |
| 01 Exchange KAITOUSD | +0.8784% | 1h | 0.3580 | +1.454% | $6K | $2K | 3x | as long as short |
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Aster KAITOUSDT
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
01 Exchange KAITOUSD