Funding you earn now, next payment 08:00 UTC−0.0774%/8h= −84.7% APRpaid last 24h −0.232%
Price spread now: Paradex against Lighter−0.309%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Paradex is 0.309% cheaper against Lighter than usual: you would sell low and buy high (−$31 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 | 0.3542 | 0.0888 | pay 0.0111% / 1h | 48m 05s | $87K | $102K | 5x |
| Short | Paradex KAITO-USD-PERP | 0.3531 | 0.0114 | get 0.0114% / 8h | 48m 05s | $4K | $604 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$162.49
- Price spread: −0.309% → 0.000%
- −$30.92
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$197.41
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 27 min ago; Paradex: 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 live order book, 27 min ago | 23.20 bp | 38.7 bp −$39 | 82.0 bp −$820 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.841% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0068% | 1h | 0.3512 | −0.841% | $7K | $52K | 12x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3525 | −0.469% | $118K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3529 | −0.371% | $19K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3525 | −0.469% | $10.7M | $17.3M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3527 | −0.418% | $4.4M | $8.1M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3523 | −0.531% | $4.3M | $11.2M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3526 | −0.446% | $657K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3526 | −0.446% | $3.0M | $1.2M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3526 | −0.446% | $1.4M | $162K | 30x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3529 | −0.361% | $4.4M | $3.5M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3525 | −0.474% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3526 | −0.435% | $19K | $192K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3510 | −0.903% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3513 | −0.807% | $250K | $2.4M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3513 | −0.813% | $29K | $259K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3529 | −0.350% | $13K | $4.9M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3529 | −0.373% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3526 | −0.452% | $81K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3526 | −0.436% | $245K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3511 | −0.874% | $17K | $327K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0113% | 4h | 0.3520 | −0.616% | $558K | $67K | 75x | as long as short |
| Paradex KAITO-USD-PERPshort | +0.0114% | 8h | 0.3531 | −0.309% | $4K | $604 | 10x | |
| Hyperliquid KAITO | +0.0241% | 1h | 0.3530 | −0.336% | $2.1M | $871K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0662% | 1h | 0.3524 | −0.514% | $247K | $158K | 10x | as long as short |
| Lighter KAITOlong | +0.0888% | 1h | 0.3542 | long leg | $87K | $102K | 5x | |
| 01 Exchange KAITOUSD | +0.7040% | 1h | 0.3530 | −0.330% | $6K | $988 | 3x | as long as short |
Lighter KAITO
Paradex KAITO-USD-PERP
Injective KAITO/USDC PERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Extended KAITO-USD
edgeX KAITOUSDC
BloFin KAITO-USDT
Hyperliquid KAITO
Kraken Futures PF_KAITOUSD
01 Exchange KAITOUSD