Funding you earn now, next payment 06:00 UTC+0.1388%/8h= +152.0% APRpaid last 24h +0.200%
Price spread now: Lighter against Bitget+0.375%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1201.197% of the position
Funding, last 7 days+0.195%+$19 on $10k
+Price spread, last 4 days (all we have)−0.362%−$36 · spread now +0.375%, 7d avg +0.128%
=Together, before fees−0.167%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and Lighter is 0.247% dearer against Bitget than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.128%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.195% in total (about 10.2% 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 | Bitget KAITOUSDT | 0.3466 | 0.0100 | pay 0.0050% / 4h | 2h 27m | $4.3M | $3.5M | 75x |
| Short | Lighter KAITO | 0.3479 | 0.1488 | get 0.0186% / 1h | 27m 19s | $86K | $100K | 5x |
Bitget KAITOUSDT
Lighter KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $291.48
- Price spread: +0.375% → +0.128%
- $24.7
- Slippage, 4 orders
- −$107.7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $196.48
- Costs to cover
- 1.197%
- Break-even
- 2.3 days
Slippage from Bitget: live order book, 1 min ago; Lighter: live order book, 67 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 Bitget live order book, 1 min ago | 2.88 bp | 19.1 bp −$19 | 52.6 bp −$526 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 67 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 | −0.0277% | 1h | 0.3468 | +0.046% | $20K | $186K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0060% | 1h | 0.3470 | +0.115% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.757% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0050% | 4h | 0.3464 | −0.058% | $551K | $67K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3466 | −0.008% | $117K | $50K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3468 | +0.046% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3464 | −0.058% | $10.5M | $17.1M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3466 | 0.000% | $4.3M | $7.9M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3463 | −0.087% | $4.2M | $10.8M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3467 | +0.029% | $651K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
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 | 0.3464 | −0.058% | $3.1M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3469 | +0.087% | $1.4M | $179K | 30x | as long as short |
| Bitget KAITOUSDTlong | +0.0100% | 4h | 0.3466 | long leg | $4.3M | $3.5M | 75x | |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3467 | +0.029% | — | $6.5M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3465 | −0.015% | $43K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3472 | +0.183% | $246K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3468 | +0.058% | $29K | $261K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3465 | −0.017% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3465 | −0.042% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3463 | −0.072% | $240K | — | 3x | as long as short |
| Polymarket Perps KAITO-USD | +0.0105% | 1h | 0.3468 | +0.058% | $18K | $4.6M | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0109% | 8h | 0.3466 | +0.004% | $4K | $604 | 10x | as long as short |
| edgeX KAITOUSDC | +0.0112% | 4h | 0.3468 | +0.067% | $17K | $324K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0390% | 1h | 0.3465 | −0.034% | $243K | $154K | 10x | as long as short |
| Hyperliquid KAITO | +0.0807% | 1h | 0.3472 | +0.166% | $2.0M | $854K | 5x | as long as short |
| Lighter KAITOshort | +0.1488% | 1h | 0.3479 | +0.375% | $86K | $100K | 5x | |
| 01 Exchange KAITOUSD | +0.8288% | 1h | 0.3530 | +1.849% | $6K | $1K | 3x | as long as short |
MEXC KAITO_USDT
KuCoin KAITOUSDTM
BingX KAITO-USDC
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Polymarket Perps KAITO-USD
Paradex KAITO-USD-PERP
edgeX KAITOUSDC
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
01 Exchange KAITOUSD