Funding you earn now, next payment 08:00 UTC−0.0796%/8h= −87.2% APRpaid last 24h −0.233%
Price spread now: Aster against Lighter−0.310%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$900.898% of the position
Funding, last 6 days (all we have)−0.291%−$29 on $10k
+Price spread, last 4 days (all we have)+0.293%+$29 · spread now −0.310%, 7d avg −0.118%
=Together, before fees+0.002%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Aster is 0.192% cheaper against Lighter than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.118%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.291% in total (about -18.8% 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 | 0.3546 | 0.0896 | pay 0.0112% / 1h | 12m 44s | $87K | $102K | 5x |
| Short | Aster KAITOUSDT | 0.3535 | 0.0100 | get 0.0050% / 4h | 12m 44s | $118K | $51K | 10x |
Lighter KAITO
Aster KAITOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$167.16
- Price spread: −0.310% → −0.118%
- −$19.2
- Slippage, 4 orders
- −$81.81
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$276.18
- Costs to cover
- 0.898%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 63 min ago; Aster: live order book, 23 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 Lighter live order book, 63 min ago | 23.20 bp | 38.7 bp −$39 | 82.0 bp −$820 | doesn't fit | doesn't fit |
| Sell Aster live order book, 23 min ago | 2.82 bp | 12.5 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.964% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0068% | 1h | 0.3535 | −0.321% | $7K | $52K | 12x | as long as short |
| Aster KAITOUSDTshort | +0.0100% | 4h | 0.3535 | −0.310% | $118K | $51K | 10x | |
| Pacifica KAITO | +0.0100% | 1h | 0.3534 | −0.352% | $19K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3533 | −0.378% | $10.8M | $17.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3535 | −0.321% | $4.7M | $8.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3530 | −0.462% | $4.3M | $11.6M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3536 | −0.293% | $671K | $1.8M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3533 | −0.378% | $3.3M | $1.2M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3536 | −0.293% | $1.4M | $169K | 30x | as long as short |
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTMShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3535 | −0.321% | $4.4M | $3.6M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3534 | −0.350% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3531 | −0.423% | $20K | $196K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3528 | −0.520% | $45K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3533 | −0.382% | $251K | $2.4M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3530 | −0.462% | $30K | $259K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3535 | −0.330% | $17K | $5.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3534 | −0.338% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3533 | −0.381% | $81K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3533 | −0.391% | $245K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3530 | −0.473% | $17K | $329K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0108% | 8h | 0.3534 | −0.361% | $4K | $604 | 10x | as long as short |
| BloFin KAITO-USDT | +0.0156% | 4h | 0.3538 | −0.237% | $558K | $68K | 75x | as long as short |
| Hyperliquid KAITO | +0.0362% | 1h | 0.3538 | −0.223% | $2.1M | $897K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0661% | 1h | 0.3531 | −0.431% | $249K | $164K | 10x | as long as short |
| Lighter KAITOlong | +0.0896% | 1h | 0.3546 | long leg | $87K | $102K | 5x | |
| 01 Exchange KAITOUSD | +0.2664% | 1h | 0.3532 | −0.415% | $6K | $917 | 3x | as long as short |
Bitget KAITOUSDT
BingX KAITO-USDT
Backpack KAITO_USDC_PERP
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
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
BloFin KAITO-USDT
Hyperliquid KAITO
Kraken Futures PF_KAITOUSD
01 Exchange KAITOUSD