Funding you earn now, next payment 22:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.037%
Price spread now: Lighter against BloFin−0.152%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 3 days (all we have)+0.183%+$18 · spread now −0.152%, 7d avg −0.021%
=Together, before fees+0.202%+ Points / potential airdropLighter: Season 3 · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Lighter is 0.131% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SEI-USDT | 0.05935 | 0.0220 | pay 0.0220% / 8h | 2h 30m | $711K | $1.3M | 75x |
| Short | Lighter SEI | 0.05926 | 0.0096 | get 0.0012% / 1h | 30m 47s | $267K | $1.2M | 10x |
BloFin SEI-USDT
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- −$26.04
- Price spread: −0.152% → −0.021%
- −$13.08
- Slippage, 4 orders
- −$31.04
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$82.16
- Costs to cover
- 0.430%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Lighter: live order book, 5 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 BloFin live order book, 2 min ago | 2.53 bp | 16.9 bp −$17 | 24.5 bp −$245 | 72.5 bp −$7,247 | doesn't fit |
| Sell Lighter live order book, 5 min ago | 4.21 bp | 8.8 bp −$9 | 34.1 bp −$341 | 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 | 0.05935 | −0.005% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.421% | $33K | $210K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05934 | −0.011% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05936 | +0.017% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0036% | 8h | 0.05924 | −0.180% | $315K | $240K | — | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05926 | −0.152% | $267K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05935 | 0.000% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05927 | −0.140% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05930 | −0.084% | $310K | $371K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05925 | −0.162% | $13.8M | $128.3M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05919 | −0.270% | $13.9M | $36.5M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05921 | −0.236% | $3.0M | $40.3M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05929 | −0.101% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05927 | −0.135% | $29.5M | $26.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05929 | −0.101% | $7.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05927 | −0.135% | $9.3M | $17.3M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05927 | −0.135% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05930 | −0.084% | $118K | $564K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05938 | +0.051% | $200K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.084% | $108K | $669K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05943 | +0.135% | $23K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05926 | −0.150% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05937 | +0.026% | $377K | $1.7M | 50x | as long as short |
| BloFin SEI-USDTlong | +0.0220% | 8h | 0.05935 | long leg | $711K | $1.3M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05935 | +0.004% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05927 | −0.135% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2003% | 1h | 0.05929 | −0.097% | $101K | $2K | 5x | as long as short |
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD