Funding you earn now, next payment 05:00 UTC−0.1236%/8h= −135.3% APRpaid last 24h −0.185%
Price spread now: MEXC against Lighter−0.459%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$940.935% of the position
Funding, last 7 days−0.226%−$23 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 against this trade now: funding costs −$37 a day on $10k at the current rate, and MEXC is 0.459% cheaper against Lighter than usual: you would sell low and buy high (−$46 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.226% in total (about -11.8% 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 | 0.3531 | 0.1336 | pay 0.0167% / 1h | 7m 39s | $87K | $101K | 5x |
| Short | MEXC KAITO_USDT | 0.3515 | 0.0100 | get 0.0050% / 4h | 3h 07m | $3.2M | $1.1M | 50x |
Lighter KAITO
MEXC KAITO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$259.56
- Price spread: −0.459% → 0.000%
- −$45.88
- Slippage, 4 orders
- −$93.52
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$398.95
- Costs to cover
- 0.935%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 27 min ago; MEXC: live order book, 4 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, 27 min ago | 28.19 bp | 51.3 bp −$51 | 85.6 bp −$856 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.42 bp | 2.4 bp −$2 | 9.7 bp −$97 | 73.2 bp −$7,317 | 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 | −0.0397% | 1h | 0.3513 | −0.510% | $19K | $180K | 10x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −4.556% | — | — | — | as long as short |
| Injective KAITO/USDC PERP | +0.0009% | 1h | 0.3511 | −0.572% | $7K | $52K | 12x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0030% | 1h | 0.3511 | −0.563% | $247K | $156K | 10x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3514 | −0.479% | $119K | $50K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3517 | −0.407% | $18K | $14K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3516 | −0.418% | $10.7M | $16.9M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3517 | −0.402% | $4.4M | $7.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3514 | −0.487% | $4.3M | $10.8M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3513 | −0.515% | $663K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Reya KAITORUSDPERP
Injective KAITO/USDC PERP
Kraken Futures PF_KAITOUSD
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_USDTshort | +0.0100% | 4h | 0.3515 | −0.459% | $3.2M | $1.1M | 50x | |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3517 | −0.402% | $1.4M | $177K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3520 | −0.317% | $4.4M | $3.4M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3514 | −0.487% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3515 | −0.463% | $44K | $211K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3511 | −0.583% | $249K | $2.5M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3520 | −0.317% | $29K | $261K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3514 | −0.479% | $23K | $4.6M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3512 | −0.538% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0102% | 8h | 0.3517 | −0.402% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3517 | −0.393% | $79K | $62K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3512 | −0.544% | $244K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0110% | 4h | 0.3509 | −0.623% | $17K | $325K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0143% | 4h | 0.3510 | −0.600% | $559K | $67K | 75x | as long as short |
| Hyperliquid KAITO | +0.0743% | 1h | 0.3521 | −0.283% | $2.1M | $832K | 5x | as long as short |
| Lighter KAITOlong | +0.1336% | 1h | 0.3531 | long leg | $87K | $101K | 5x | |
| 01 Exchange KAITOUSD | +0.6392% | 1h | 0.3600 | +1.951% | $6K | $2K | 3x | as long as short |
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
BloFin KAITO-USDT
Hyperliquid KAITO
01 Exchange KAITOUSD