Funding you earn now, next payment 01:00 UTC−0.1676%/8h= −183.5% APRnext payment −$2.09 per $10,000 · paid last 24h −0.115%
Price spread now: Polymarket Perps against Lighter−0.223%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.502%−$50 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 −$50 a day on $10k at the current rate, and Polymarket Perps is 0.223% cheaper against Lighter than usual: you would sell low and buy high (−$22 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 -0.502% in total (about -26.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.09 per $10,000. 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 | 0.3491 | 0.1776 | pay 0.0222% / 1h | 50m 17s | $89K | $89K | 5x |
| Short | Polymarket Perps KAITO-USD | 0.3483 | 0.0100 | get 0.0013% / 1h | 50m 17s | $14K | $4.1M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$351.96
- Price spread: −0.223% → 0.000%
- −$22.35
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$382.31
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Polymarket Perps: live order book, 4 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 4 min ago | 2.58 bp | 6.8 bp −$7 | 7.0 bp −$70 | doesn't fit | doesn't fit |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective KAITO/USDC PERP | −0.0015% | 1h | 0.3476 | −0.415% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −3.447% | — | — | — | as long as short |
| BloFin KAITO-USDT | +0.0054% | 4h | 0.3474 | −0.473% | $544K | $61K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3477 | −0.400% | $116K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3478 | −0.349% | $18K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3480 | −0.301% | $10.6M | $15.8M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3483 | −0.215% | $4.4M | $6.8M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3476 | −0.415% | $4.2M | $10.0M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3482 | −0.244% | $697K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3480 | −0.301% | $3.3M | $1.0M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3482 | −0.244% | $1.4M | $166K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3482 | −0.244% | $4.3M | $3.0M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3480 | −0.301% | — | $6.7M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3477 | −0.398% | $18K | $164K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3481 | −0.259% | $44K | $230K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3486 | −0.134% | $235K | $2.9M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3483 | −0.215% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USDshort | +0.0100% | 1h | 0.3483 | −0.223% | $14K | $4.1M | 5x | |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3478 | −0.355% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0102% | 8h | 0.3478 | −0.363% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3479 | −0.343% | $78K | $57K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3476 | −0.415% | $241K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0120% | 4h | 0.3484 | −0.192% | $17K | $322K | 5x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0854% | 1h | 0.3479 | −0.316% | $240K | $157K | 10x | as long as short |
| Hyperliquid KAITO | +0.0944% | 1h | 0.3487 | −0.106% | $2.0M | $765K | 5x | as long as short |
| Lighter KAITOlong | +0.1776% | 1h | 0.3491 | long leg | $89K | $89K | 5x | |
| 01 Exchange KAITOUSD | +0.8712% | 1h | 0.3572 | +2.335% | $6K | $2K | 3x | as long as short |
Lighter KAITO
Polymarket Perps KAITO-USD
Injective KAITO/USDC PERP
BloFin KAITO-USDT
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDT
KuCoin KAITOUSDTM
Bitget KAITOUSDT
BingX KAITO-USDT
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Paradex KAITO-USD-PERP
Extended KAITO-USD
edgeX KAITOUSDC
Kraken Futures PF_KAITOUSD
Hyperliquid KAITO
01 Exchange KAITOUSD