Funding you earn now, next payment 22:00 UTC−0.0352%/8h= −38.5% APRnext payment −$0.44 per $10,000 · paid last 24h −0.040%
Price spread now: Deribit against Lighter−0.169%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Deribit is 0.169% cheaper against Lighter than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.05934 | 0.0096 | pay 0.0012% / 1h | 35m 32s | $267K | $1.2M | 10x |
| Short | Deribit SEI_USDC-PERPETUAL | 0.05924 | −0.0256 | pay 0.0032% / 1h | 35m 32s | $20K | $62K | 25x |
Lighter SEI
Deribit SEI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$73.92
- Price spread: −0.169% → 0.000%
- −$16.85
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$97.77
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, just now; Deribit: no order-book sample. Net counts fees only.
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, just now | 4.21 bp | 8.3 bp −$8 | 27.5 bp −$275 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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.| 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 | 0.05927 | −0.115% | $23K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUALshort | −0.0256% | 1h | 0.05924 | −0.169% | $20K | $62K | 25x | |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.438% | $33K | $210K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05926 | −0.127% | $8K | — | 150x | as long as short |
| Variational Omni SEI | +0.0037% | 8h | 0.05919 | −0.252% | $315K | $240K | — | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05934 | long leg | $267K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05925 | −0.152% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05935 | +0.013% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05934 | +0.006% | $311K | $382K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05937 | +0.051% | $13.8M | $128.3M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
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 SEIUSDT | +0.0100% | 8h | 0.05930 | −0.067% | $13.9M | $36.5M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05933 | −0.017% | $3.0M | $40.4M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05932 | −0.034% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05934 | 0.000% | $29.6M | $26.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05931 | −0.051% | $7.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05937 | +0.051% | $9.3M | $17.3M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05930 | −0.067% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05926 | −0.135% | $118K | $565K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05934 | +0.002% | $200K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.101% | $108K | $669K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05932 | −0.034% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05934 | −0.003% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0214% | 1h | 0.05925 | −0.145% | $376K | $1.7M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05933 | −0.017% | $717K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05938 | +0.060% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05958 | +0.404% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.1907% | 1h | 0.05933 | −0.019% | $101K | $2K | 5x | as long as short |
Bybit SEIUSDT
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