Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter−0.033%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.033%, 7d avg −0.012%
=Together, before fees−0.080%+ Points / potential airdropLighter: Season 3 · farm board−$8 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: BingX is 0.021% cheaper against Lighter than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.05978 | 0.0096 | pay 0.0012% / 1h | 17m 33s | $272K | $1.2M | 10x |
| Short | BingX SEI-USDT | 0.05976 | 0.0100 | get 0.0100% / 8h | 7h 17m | — | $33.4M | — |
Lighter SEI
BingX SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Lighter. 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: −0.033% → −0.012%
- −$2.13
- Slippage, 4 orders
- −$33.33
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$44.63
- Costs to cover
- 0.433%
- Break-even
- 378.9 days
Slippage from Lighter: live order book, 3 min ago; BingX: live order book, 6 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 Lighter live order book, 3 min ago | 3.36 bp | 6.1 bp −$6 | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 2.52 bp | 11.6 bp −$12 | 25.8 bp −$258 | 63.8 bp −$6,381 | 320.9 bp −$160.5K |
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 | 0.05965 | −0.212% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0106% | 8h | 0.05951 | −0.460% | $318K | $211K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05965 | −0.219% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05968 | −0.167% | $10K | $72K | 25x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05978 | long leg | $272K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05966 | −0.201% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05984 | +0.094% | $3.5M | $6.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05976 | −0.029% | $313K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05974 | −0.062% | $14.4M | $127.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05970 | −0.134% | $14.0M | $35.9M | 50x | as long as short |
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 SEIUSDT
Bybit 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 | 0.05974 | −0.067% | $3.2M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05977 | −0.017% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05976 | −0.033% | $35.6M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05979 | +0.017% | $6.2M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05979 | +0.017% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDTshort | +0.0100% | 8h | 0.05976 | −0.033% | — | $33.4M | — | |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05980 | +0.033% | $118K | $562K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05954 | −0.409% | $205K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | −0.301% | $109K | $673K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05969 | −0.151% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05978 | −0.004% | $76K | $540K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05969 | −0.151% | $34K | $206K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0178% | 1h | 0.05978 | +0.006% | $370K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05954 | −0.401% | $726K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05958 | −0.333% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.06003 | +0.418% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1051% | 1h | 0.05977 | −0.016% | $102K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
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