Funding you earn now, next payment 09:00 UTC+0.0948%/8h= +103.8% APRpaid last 24h +0.244%
Price spread now: Lighter against OKX+0.484%7-day average +0.129% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$920.923% of the position
Funding, last 7 days+0.331%+$33 on $10k
+Price spread, last 4 days (all we have)−0.487%−$49 · spread now +0.484%, 7d avg +0.129%
=Together, before fees−0.156%+ Points / potential airdropLighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Lighter is 0.355% dearer against OKX than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.129%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.331% in total (about 17.3% 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 | OKX KAITO-USDT-SWAP | 0.3514 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $4.3M | $11.6M | 50x |
| Short | Lighter KAITO | 0.3531 | 0.1048 | get 0.0131% / 1h | 45m 41s | $87K | $98K | 5x |
OKX KAITO-USDT-SWAP
Lighter KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- $199.08
- Price spread: +0.484% → +0.129%
- $35.46
- Slippage, 4 orders
- −$82.25
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $142.29
- Costs to cover
- 0.923%
- Break-even
- 2.0 days
Slippage from OKX: live order book, 2 min ago; Lighter: live order book, 25 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 OKX live order book, 2 min ago | 1.42 bp | 13.2 bp −$13 | 41.8 bp −$418 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 25 min ago | 28.30 bp | 29.2 bp −$29 | 116.1 bp −$1,161 | doesn't fit | doesn't fit |
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 | −0.0414% | 1h | 0.3517 | +0.071% | $248K | $165K | 10x | as long as short |
| Backpack KAITO_USDC_PERP | −0.0150% | 1h | 0.3518 | +0.108% | $19K | $196K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.089% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0020% | 1h | 0.3535 | +0.598% | $7K | $52K | 12x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3520 | +0.178% | $116K | $63K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3517 | +0.085% | $19K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3515 | +0.042% | $10.7M | $17.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3518 | +0.114% | $4.7M | $8.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAPlong | +0.0100% | 4h | 0.3514 | long leg | $4.3M | $11.6M | 50x | |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3517 | +0.085% | $665K | $1.7M | 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
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 | 0.3516 | +0.057% | $3.5M | $1.2M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3519 | +0.142% | $1.4M | $169K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3520 | +0.171% | $4.4M | $3.6M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3519 | +0.142% | — | $6.8M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3519 | +0.140% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3517 | +0.073% | $250K | $2.3M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3516 | +0.057% | $29K | $259K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3517 | +0.085% | $18K | $5.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3519 | +0.139% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3515 | +0.017% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3517 | +0.083% | $244K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0106% | 8h | 0.3516 | +0.047% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0110% | 4h | 0.3517 | +0.078% | $17K | $328K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0137% | 4h | 0.3522 | +0.228% | $556K | $68K | 75x | as long as short |
| Hyperliquid KAITO | +0.0388% | 1h | 0.3519 | +0.130% | $2.1M | $919K | 5x | as long as short |
| Lighter KAITOshort | +0.1048% | 1h | 0.3531 | +0.484% | $87K | $98K | 5x | |
| 01 Exchange KAITOUSD | +0.3168% | 1h | 0.3520 | +0.171% | $6K | $608 | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
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
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
BloFin KAITO-USDT
Hyperliquid KAITO
01 Exchange KAITOUSD