Funding you earn now, next payment 08:00 UTC+0.0796%/8h= +87.2% APRpaid last 24h +0.233%
Price spread now: Lighter against BingX+0.331%7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1171.170% of the position
Funding, last 7 days+0.227%+$23 on $10k
+Price spread, last 4 days (all we have)−0.355%−$36 · spread now +0.331%, 7d avg +0.097%
=Together, before fees−0.128%+ Points / potential airdropLighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Lighter is 0.234% dearer against BingX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.097%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.227% in total (about 11.9% 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 | BingX KAITO-USDC | 0.3535 | 0.0100 | pay 0.0050% / 4h | 13m 35s | — | $6.5M | — |
| Short | Lighter KAITO | 0.3547 | 0.0896 | get 0.0112% / 1h | 13m 35s | $87K | $102K | 5x |
BingX KAITO-USDC
Lighter KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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: +0.331% → +0.097%
- $23.42
- Slippage, 4 orders
- −$106.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $73.62
- Costs to cover
- 1.170%
- Break-even
- 3.9 days
Slippage from BingX: live order book, 2 min ago; Lighter: live order book, 62 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 BingX live order book, 2 min ago | 1.41 bp | 30.5 bp −$30 | 157.4 bp −$1,574 | 772.3 bp −$77.2K | 1120.8 bp −$560.4K |
| Sell Lighter live order book, 62 min ago | 23.20 bp | 24.8 bp −$25 | 94.6 bp −$946 | 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 | −4.658% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0068% | 1h | 0.3535 | 0.000% | $7K | $52K | 12x | as long as short |
| BloFin KAITO-USDT | +0.0072% | 4h | 0.3532 | −0.085% | $562K | $68K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3536 | +0.026% | $118K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3537 | +0.057% | $19K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3533 | −0.057% | $10.8M | $17.9M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3534 | −0.028% | $4.7M | $8.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3532 | −0.085% | $4.3M | $11.6M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3538 | +0.085% | $672K | $1.8M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3536 | +0.028% | $3.3M | $1.2M | 50x | as long as short |
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
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 | 0.3537 | +0.057% | $1.4M | $169K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3536 | +0.028% | $4.4M | $3.6M | 75x | as long as short |
| BingX KAITO-USDClong | +0.0100% | 4h | 0.3535 | long leg | — | $6.5M | — | |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3532 | −0.085% | $20K | $196K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3528 | −0.199% | $45K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3533 | −0.060% | $251K | $2.4M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3530 | −0.141% | $30K | $259K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3535 | +0.014% | $17K | $5.1M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3533 | −0.059% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3533 | −0.059% | $81K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3535 | 0.000% | $245K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0106% | 4h | 0.3530 | −0.152% | $17K | $329K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0108% | 8h | 0.3536 | +0.038% | $4K | $604 | 10x | as long as short |
| Hyperliquid KAITO | +0.0363% | 1h | 0.3540 | +0.139% | $2.1M | $897K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0661% | 1h | 0.3529 | −0.162% | $249K | $164K | 10x | as long as short |
| Lighter KAITOshort | +0.0896% | 1h | 0.3547 | +0.331% | $87K | $102K | 5x | |
| 01 Exchange KAITOUSD | +0.2664% | 1h | 0.3532 | −0.093% | $6K | $917 | 3x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
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
Hyperliquid KAITO
Kraken Futures PF_KAITOUSD
01 Exchange KAITOUSD