Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bybit+0.167%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$450.446% of the position
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 4 days (all we have)−0.146%−$15 · spread now +0.167%, 7d avg +0.044%
=Together, before fees−0.031%+ Points / potential airdropLighter: Season 3 · farm board−$3 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 0.123% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SEIUSDT | 0.05986 | 0.0100 | pay 0.0100% / 8h | 7h 16m | $14.1M | $35.9M | 50x |
| Short | Lighter SEI | 0.05996 | 0.0096 | get 0.0012% / 1h | 16m 34s | $273K | $1.2M | 10x |
Bybit SEIUSDT
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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: +0.167% → +0.044%
- $12.31
- Slippage, 4 orders
- −$33.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$33.14
- Costs to cover
- 0.446%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Lighter: 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 Bybit live order book, 2 min ago | 0.84 bp | 12.2 bp −$12 | 26.8 bp −$268 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 3.36 bp | 13.1 bp −$13 | 42.4 bp −$424 | 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 | 0.05977 | −0.154% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0106% | 8h | 0.05951 | −0.593% | $318K | $211K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05981 | −0.088% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0084% | 1h | 0.05985 | −0.017% | $10K | $72K | 25x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05996 | +0.167% | $273K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05983 | −0.050% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05997 | +0.185% | $3.5M | $6.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05992 | +0.108% | $314K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05994 | +0.136% | $14.4M | $127.8M | 75x | as long as short |
| Bybit SEIUSDTlong | +0.0100% | 8h | 0.05986 | long leg | $14.1M | $35.9M | 50x |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05989 | +0.050% | $3.2M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05993 | +0.117% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05993 | +0.117% | $35.6M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05994 | +0.134% | $6.2M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05994 | +0.134% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05992 | +0.100% | — | $33.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05991 | +0.084% | $118K | $562K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05954 | −0.542% | $205K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | −0.434% | $109K | $673K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05987 | +0.017% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05993 | +0.109% | $76K | $542K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05989 | +0.050% | $34K | $207K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0178% | 1h | 0.05986 | 0.000% | $371K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05984 | −0.033% | $730K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05979 | −0.116% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.06006 | +0.334% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1046% | 1h | 0.05990 | +0.059% | $102K | $2K | 5x | as long as short |
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
Coinbase International SEI-PERP-INTX
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD