Settings8H · net · $10k
Funding arb · Price arb /

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.040%
Price spread now: Lighter against Deribit−0.101%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.101% cheaper against Deribit than usual: you would sell low and buy high (spread −0.101% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.5 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SEI_USDC-PERPETUAL0.059400get 0.0000% / 1h35m 20s$20K$62K25x
ShortLighter SEI0.059340.0096get 0.0012% / 1h35m 20s$267K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Deribit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$20.16
Price spread: −0.101% → 0.000%
−$10.1
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$3.06
Costs to cover
0.070%
Break-even
5.9 days
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Lighter live order book, 1 min ago4.21 bp8.8 bp −$934.1 bp −$341doesn't fitdoesn't fit
Deribit: 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.

SEI on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05939−0.012%$23K100xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05960+0.337%$33K$210K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05938−0.027%$8K150xas long as short
Deribit SEI_USDC-PERPETUALlong0.0000%1h0.05940long leg$20K$62K25x
Variational Omni SEI+0.0036%8h0.05924−0.264%$315K$240Kas long as short
Lighter SEIshort+0.0096%1h0.05934−0.101%$267K$1.2M10x
Orderly PERP_SEI_USDC+0.0098%8h0.05939−0.017%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05942+0.042%$3.4M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05937−0.049%$311K$382K20xas long as short
Binance SEIUSDT+0.0100%8h0.05937−0.049%$13.8M$128.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05931−0.152%$13.9M$36.5M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05933−0.118%$3.0M$40.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.05936−0.067%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05938−0.034%$29.6M$26.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05936−0.067%$7.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05936−0.067%$9.3M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.05932−0.135%$33.0Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05926−0.236%$118K$565K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05934−0.099%$200K$1.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.059400.000%$108K$669K50xas long as short
SunX SEI-USDT+0.0100%8h0.05947+0.118%$22K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05937−0.054%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05938−0.030%$377K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05933−0.118%$717K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05938−0.041%$11320xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05960+0.337%$9K$42K12xas long as short
dYdX SEI-USD+0.1907%1h0.05933−0.120%$101K$2K5xas long as short