Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bitget−0.186%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.186%, 7d avg +0.009%
=Together, before fees+0.366%+ Points / potential airdropLighter: Season 3 · farm board+$37 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.196% cheaper against Bitget than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SEIUSDT | 0.05906 | 0.0100 | pay 0.0100% / 8h | 7h 43m | $9.3M | $17.0M | 75x |
| Short | Lighter SEI | 0.05895 | 0.0096 | get 0.0012% / 1h | 43m 36s | $268K | $1.2M | 10x |
Funding 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
- −$0.84
- Price spread: −0.186% → +0.009%
- −$19.57
- Slippage, 4 orders
- −$33.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$65.81
- Costs to cover
- 0.454%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Lighter: live order book, 2 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, 5 min ago | 0.85 bp | 13.9 bp −$14 | 22.7 bp −$227 | 111.0 bp −$11.1K | doesn't fit |
| Sell Lighter live order book, 2 min ago | 3.39 bp | 10.8 bp −$11 | 37.7 bp −$377 | doesn't fit | doesn't fit |
SEI 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05876 | −0.511% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0117% | 8h | 0.05884 | −0.379% | $314K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05877 | −0.492% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05876 | −0.508% | $9K | $72K | 25x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05895 | −0.186% | $268K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05879 | −0.457% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05892 | −0.232% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05890 | −0.269% | $308K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05904 | −0.027% | $14.4M | $128.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05898 | −0.135% | $13.9M | $36.1M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05902 | −0.068% | $3.1M | $39.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05896 | −0.169% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05898 | −0.135% | $33.1M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05890 | −0.271% | $6.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDTlong | +0.0100% | 8h | 0.05906 | long leg | $9.3M | $17.0M | 75x | |
| BingX SEI-USDT | +0.0100% | 8h | 0.05899 | −0.119% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05878 | −0.474% | $115K | $564K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05896 | −0.175% | $207K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05890 | −0.271% | $107K | $672K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05884 | −0.373% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05901 | −0.093% | $75K | $563K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05907 | +0.017% | $34K | $205K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0181% | 1h | 0.05879 | −0.464% | $364K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05895 | −0.186% | $729K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05877 | −0.489% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05921 | +0.254% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1512% | 1h | 0.05892 | −0.245% | $101K | $2K | 5x | as long as short |
Bitget SEIUSDT
Lighter SEI
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Injective SEI/USDC PERP