Funding you earn now, next payment 06:00 UTC+0.1212%/8h= +132.7% APRpaid last 24h +0.200%
Price spread now: Lighter against Binance+0.324%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$1141.137% of the position
Funding, last 7 days+0.240%+$24 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 for this trade now. Funding pays +$36 a day on $10k at the current rate, and Lighter is 0.324% dearer against Binance than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.240% in total (about 12.5% 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 | Binance KAITOUSDT | 0.3525 | 0.0100 | pay 0.0050% / 4h | 2h 50m | $10.8M | $16.9M | 75x |
| Short | Lighter KAITO | 0.3536 | 0.1312 | get 0.0164% / 1h | 50m 12s | $88K | $100K | 5x |
Binance KAITOUSDT
Lighter KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $254.52
- Price spread: +0.324% → 0.000%
- $32.36
- Slippage, 4 orders
- −$103.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $173.16
- Costs to cover
- 1.137%
- Break-even
- 2.2 days
Slippage from Binance: live order book, 6 min ago; Lighter: live order book, 44 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 Binance live order book, 6 min ago | 1.42 bp | 13.9 bp −$14 | 39.9 bp −$399 | 491.7 bp −$49.2K | doesn't fit |
| Sell Lighter live order book, 44 min ago | 28.19 bp | 34.0 bp −$34 | 113.0 bp −$1,130 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0146% | 1h | 0.3528 | +0.080% | $19K | $185K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0060% | 1h | 0.3507 | −0.502% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.379% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3525 | 0.000% | $119K | $50K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3528 | +0.083% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDTlong | +0.0100% | 4h | 0.3525 | long leg | $10.8M | $16.9M | 75x | |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3525 | +0.009% | $4.4M | $7.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3519 | −0.162% | $4.3M | $10.9M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3525 | +0.009% | $661K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3526 | +0.037% | $3.2M | $1.1M | 50x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
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 KAITOUSDTM | +0.0100% | 4h | 0.3520 | −0.133% | $1.4M | $179K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3533 | +0.236% | $4.4M | $3.4M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3527 | +0.065% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3526 | +0.048% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3517 | −0.214% | $250K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3516 | −0.247% | $29K | $261K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3525 | +0.023% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3528 | +0.081% | $80K | $64K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3527 | +0.051% | $245K | — | 3x | as long as short |
| BloFin KAITO-USDT | +0.0105% | 4h | 0.3520 | −0.133% | $559K | $68K | 75x | as long as short |
| Paradex KAITO-USD-PERP | +0.0106% | 8h | 0.3527 | +0.059% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0114% | 4h | 0.3517 | −0.232% | $17K | $325K | 5x | as long as short |
| Polymarket Perps KAITO-USD | +0.0319% | 1h | 0.3530 | +0.148% | $19K | $4.6M | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0383% | 1h | 0.3524 | −0.006% | $247K | $156K | 10x | as long as short |
| Hyperliquid KAITO | +0.0953% | 1h | 0.3533 | +0.239% | $2.1M | $842K | 5x | as long as short |
| Lighter KAITOshort | +0.1312% | 1h | 0.3536 | +0.324% | $88K | $100K | 5x | |
| 01 Exchange KAITOUSD | +0.8344% | 1h | 0.3600 | +2.137% | $6K | $1K | 3x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
BloFin KAITO-USDT
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
Polymarket Perps KAITO-USD
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
01 Exchange KAITOUSD