Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bybit against Lighter−0.134%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.134%, 7d avg −0.038%
=Together, before fees−0.004%+ Points / potential airdropLighter: Season 3 · farm board$0 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: Bybit is 0.096% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.05955 | 0.0096 | pay 0.0012% / 1h | 56m 36s | $268K | $1.2M | 10x |
| Short | Bybit SEIUSDT | 0.05947 | 0.0100 | get 0.0100% / 8h | 2h 56m | $14.0M | $36.7M | 50x |
Lighter SEI
Bybit SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.134% → −0.038%
- −$9.63
- Slippage, 4 orders
- −$30.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$50.17
- Costs to cover
- 0.414%
- Break-even
- 425.1 days
Slippage from Lighter: live order book, 4 min ago; Bybit: 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 Lighter live order book, 4 min ago | 2.52 bp | 6.1 bp −$6 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.84 bp | 11.9 bp −$12 | 27.0 bp −$270 | 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 | 0.05945 | −0.161% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05940 | −0.252% | $33K | $229K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05945 | −0.160% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05947 | −0.134% | $30K | $52K | 25x | as long as short |
| Variational Omni SEI | +0.0063% | 8h | 0.05949 | −0.108% | $316K | $243K | — | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05955 | long leg | $268K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05946 | −0.151% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05957 | +0.030% | $3.5M | $6.7M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05950 | −0.084% | $311K | $382K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05952 | −0.058% | $14.0M | $129.0M | 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 SEIUSDTshort | +0.0100% | 8h | 0.05947 | −0.134% | $14.0M | $36.7M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05948 | −0.118% | $3.1M | $40.5M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05948 | −0.118% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05953 | −0.034% | $29.8M | $26.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05954 | −0.017% | $7.1M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05951 | −0.067% | $9.4M | $17.3M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05948 | −0.118% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05950 | −0.084% | $121K | $574K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05941 | −0.236% | $205K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | −0.084% | $109K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05947 | −0.134% | $23K | $4.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05949 | −0.099% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05947 | −0.138% | $375K | $1.7M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05945 | −0.168% | $723K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05945 | −0.166% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05972 | +0.285% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2411% | 1h | 0.05950 | −0.077% | $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
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD