Funding you earn now, next payment 04:00 UTC+0.1072%/8h= +117.4% APRnext payment +$1.34 per $10,000 · paid last 24h —
Price spread now: Lighter against Reya+3.053%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Lighter is 3.053% dearer against Reya than usual: you sell high and buy low: +$305 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya KAITORUSDPERP | 0.3370 | 0 | get 0.0000% / 1h | 35m 39s | — | — | — |
| Short | Lighter KAITO | 0.3473 | 0.1072 | get 0.0134% / 1h | 35m 39s | $86K | $92K | 5x |
Reya KAITORUSDPERP
Lighter KAITOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Reya. 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
- $225.12
- Price spread: +3.053% → 0.000%
- $305.33
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $524.45
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Lighter: no order-book sample. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Reya and 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack KAITO_USDC_PERP | −0.0511% | 1h | 0.3458 | +2.611% | $18K | $169K | 10x | as long as short |
| Injective KAITO/USDC PERP | −0.0154% | 1h | 0.3465 | +2.810% | $7K | $52K | 12x | as long as short |
| Reya KAITORUSDPERPlong | 0.0000% | 1h | 0.3370 | long leg | — | — | — | |
| BloFin KAITO-USDT | +0.0049% | 4h | 0.3467 | +2.869% | $546K | $66K | 75x | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3457 | +2.569% | $118K | $51K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3463 | +2.751% | $18K | $15K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3467 | +2.869% | $10.5M | $16.9M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3467 | +2.869% | $4.3M | $7.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3465 | +2.810% | $4.2M | $10.7M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3459 | +2.632% | $659K | $1.7M | 75x | as long as short |
Backpack KAITO_USDC_PERP
Injective KAITO/USDC PERP
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 | 0.3463 | +2.751% | $3.4M | $1.1M | 50x | as long as short |
| KuCoin KAITOUSDTM | +0.0100% | 4h | 0.3467 | +2.869% | $1.4M | $169K | 30x | as long as short |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3467 | +2.869% | $4.4M | $3.4M | 75x | as long as short |
| BingX KAITO-USDT | +0.0100% | 4h | 0.3464 | +2.780% | — | $6.7M | — | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3456 | +2.540% | $43K | $228K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3466 | +2.853% | $237K | $2.6M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3464 | +2.780% | $30K | $257K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3458 | +2.599% | $13K | $4.4M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3457 | +2.567% | $3K | $2K | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3467 | +2.873% | $77K | $62K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3457 | +2.579% | $240K | — | 3x | as long as short |
| edgeX KAITOUSDC | +0.0110% | 4h | 0.3463 | +2.764% | $17K | $323K | 5x | as long as short |
| Paradex KAITO-USD-PERP | +0.0120% | 8h | 0.3465 | +2.809% | $4K | $604 | 10x | as long as short |
| Kraken Futures PF_KAITOUSD | +0.0405% | 1h | 0.3455 | +2.527% | $242K | $155K | 10x | as long as short |
| 01 Exchange KAITOUSD | +0.0704% | 1h | 0.3457 | +2.573% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITO | +0.0760% | 1h | 0.3467 | +2.861% | $2.0M | $807K | 5x | as long as short |
| Lighter KAITOshort | +0.1072% | 1h | 0.3473 | +3.053% | $86K | $92K | 5x |
MEXC KAITO_USDT
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
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
Paradex KAITO-USD-PERP
Kraken Futures PF_KAITOUSD
01 Exchange KAITOUSD
Hyperliquid KAITO