Funding you earn now, next payment 06:00 UTC−0.1372%/8h= −150.2% APRpaid last 24h −0.200%
Price spread now: Aster against Lighter−0.392%7-day average −0.109% · 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−$141as in the Price arb table
costs, in and out, $10k−$1131.130% of the position
Funding, last 6 days (all we have)−0.256%−$26 on $10k
+Price spread, last 4 days (all we have)+0.386%+$39 · spread now −0.392%, 7d avg −0.109%
=Together, before fees+0.130%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Aster is 0.283% cheaper against Lighter than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.109%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.256% in total (about -16.8% 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 | 0.3483 | 0.1472 | pay 0.0184% / 1h | 28m 57s | $86K | $100K | 5x |
| Short | Aster KAITOUSDT | 0.3470 | 0.0100 | get 0.0050% / 4h | 2h 28m | $117K | $50K | 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
- −$288.12
- Price spread: −0.392% → −0.109%
- −$28.28
- Slippage, 4 orders
- −$105.03
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$429.43
- Costs to cover
- 1.130%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 65 min ago; Aster: live order book, 17 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, 65 min ago | 28.19 bp | 51.3 bp −$51 | 85.6 bp −$856 | doesn't fit | doesn't fit |
| Sell Aster live order book, 17 min ago | 2.85 bp | 14.7 bp −$15 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0281% | 1h | 0.3470 | −0.396% | $20K | $185K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0060% | 1h | 0.3470 | −0.388% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.247% | — | — | — | as long as short |
| Aster KAITOUSDTshort | +0.0100% | 4h | 0.3470 | −0.392% | $117K | $50K | 10x | |
| Pacifica KAITO | +0.0100% | 1h | 0.3468 | −0.454% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3468 | −0.457% | $10.6M | $17.1M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3471 | −0.359% | $4.3M | $7.9M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3466 | −0.502% | $4.2M | $10.8M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3467 | −0.474% | $651K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3469 | −0.416% | $3.1M | $1.1M | 50x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
Reya KAITORUSDPERP
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 | 0.3471 | −0.359% | $1.4M | $179K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3472 | −0.330% | $4.3M | $3.5M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3468 | −0.445% | — | $6.8M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3465 | −0.518% | $43K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3468 | −0.451% | $246K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3464 | −0.560% | $29K | $261K | 50x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3467 | −0.485% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3468 | −0.443% | $80K | $63K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3468 | −0.431% | $241K | — | 3x | as long as short |
| Paradex KAITO-USD-PERP | +0.0109% | 8h | 0.3466 | −0.512% | $4K | $604 | 10x | as long as short |
| Polymarket Perps KAITO-USD | +0.0116% | 1h | 0.3471 | −0.362% | $14K | $4.6M | 5x | as long as short |
| edgeX KAITOUSDC | +0.0117% | 4h | 0.3468 | −0.456% | $17K | $327K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0119% | 4h | 0.3471 | −0.359% | $552K | $67K | 75x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0390% | 1h | 0.3468 | −0.455% | $243K | $154K | 10x | as long as short |
| Hyperliquid KAITO | +0.0807% | 1h | 0.3476 | −0.218% | $2.0M | $853K | 5x | as long as short |
| Lighter KAITOlong | +0.1472% | 1h | 0.3483 | long leg | $86K | $100K | 5x | |
| 01 Exchange KAITOUSD | +0.8352% | 1h | 0.3530 | +1.335% | $6K | $1K | 3x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Orderly PERP_KAITO_USDC_mythos
Extended KAITO-USD
Aevo KAITO-PERP
Paradex KAITO-USD-PERP
Polymarket Perps KAITO-USD
edgeX KAITOUSDC
BloFin KAITO-USDT
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
01 Exchange KAITOUSD