Funding you earn now, next payment 02:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.067%
Price spread now: Lighter against Kraken Futures−0.026%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.620% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.026%, 7d avg −0.027%
=Together, before fees−0.205%+ Points / potential airdropLighter: Season 3 · farm board−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.194% in total (about -10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05947 | 0.0377 | pay 0.0047% / 1h | 23m 47s | $378K | $1.6M | 50x |
| Short | Lighter SEI | 0.05945 | 0.0096 | get 0.0012% / 1h | 23m 47s | $270K | $1.2M | 10x |
Kraken Futures PF_SEIUSD
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Kraken Futures. 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
- −$59.03
- Price spread: −0.026% → −0.027%
- $0.1
- Slippage, 4 orders
- −$52.03
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$120.96
- Costs to cover
- 0.620%
- Break-even
- never at this rate
Slippage from Kraken Futures: 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 Kraken Futures live order book, 5 min ago | 10.09 bp | 25.8 bp −$26 | 49.8 bp −$498 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 1.68 bp | 10.4 bp −$10 | 30.7 bp −$307 | doesn't fit | doesn't fit |
SEI on 26 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 −0.0815% / S +0.0444% | 1h | 0.05931 | −0.258% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0124% | 8h | 0.05942 | −0.085% | $318K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05932 | −0.245% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05928 | −0.312% | $10K | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05933 | −0.228% | $34K | $205K | 50x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05945 | −0.026% | $270K | $1.2M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05945 | −0.020% | $3.4M | $6.1M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05940 | −0.111% | $311K | $355K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05943 | −0.060% | $14.2M | $129.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05937 | −0.161% | $14.0M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05941 | −0.094% | $3.2M | $39.8M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05940 | −0.110% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05943 | −0.060% | $34.6M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05944 | −0.043% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05942 | −0.077% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05940 | −0.110% | — | $31.5M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05948 | +0.024% | $119K | $572K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05945 | −0.032% | $201K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | −0.447% | $108K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05943 | −0.060% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05951 | +0.075% | $23K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05941 | −0.099% | $79K | $546K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05934 | −0.207% | $113 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0377% | 1h | 0.05947 | long leg | $378K | $1.6M | 50x | |
| dYdX SEI-USD | +0.0596% | 1h | 0.05939 | −0.120% | $101K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05951 | +0.075% | $9K | $43K | 12x | 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
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Reya SEIRUSDPERP
dYdX SEI-USD
Injective SEI/USDC PERP