Funding you earn now, next payment 23:00 UTC+0.2565%/8h= +280.9% APRnext payment +$3.21 per $10,000 · paid last 24h +0.462%
Price spread now: dYdX against Lighter−0.024%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$344as in the Price arb table
costs, in and out, $10k−$3423.421% of the position
Funding, last 7 days+1.501%+$150 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.024%, 7d avg −0.009%
=Together, before fees+1.507%+ Points / potential airdropLighter: Season 3 · farm board+$151 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$77 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 1.501% in total (about 78.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.21 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 | Lighter SEI | 0.05885 | 0.0096 | pay 0.0012% / 1h | 34m 57s | $265K | $1.2M | 10x |
| Short | dYdX SEI-USD | 0.05884 | 0.2661 | get 0.0333% / 1h | 34m 57s | $100K | $2K | 5x |
Lighter SEI
dYdX SEI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $538.67
- Price spread: −0.024% → −0.009%
- −$1.53
- Slippage, 4 orders
- −$332.07
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $195.07
- Costs to cover
- 3.421%
- Break-even
- 4.5 days
Slippage from Lighter: live order book, 1 min ago; dYdX: live order book, 49 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, 1 min ago | 2.55 bp | 5.7 bp −$6 | 25.4 bp −$254 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 49 min ago | 149.97 bp | 173.0 bp −$173 | 346.6 bp −$3,466 | 530.9 bp −$53.1K | 828.7 bp −$414.3K |
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 | 0.05884 | −0.020% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05885 | −0.008% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05886 | +0.017% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0010% | 8h | 0.05880 | −0.088% | $315K | $228K | — | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05885 | long leg | $265K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05885 | 0.000% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05882 | −0.046% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05885 | +0.001% | $307K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05881 | −0.064% | $13.7M | $126.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05875 | −0.170% | $13.8M | $36.0M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
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 | 0.05873 | −0.204% | $3.0M | $39.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05884 | −0.017% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05881 | −0.068% | $28.6M | $26.0M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05882 | −0.051% | $6.7M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05879 | −0.102% | $9.2M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05882 | −0.051% | — | $33.1M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05884 | −0.017% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05885 | 0.000% | $201K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05900 | +0.255% | $107K | $667K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05893 | +0.136% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05877 | −0.135% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0190% | 1h | 0.05883 | −0.034% | $373K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05960 | +1.274% | $33K | $209K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05887 | +0.034% | $698K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05886 | +0.014% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05873 | −0.204% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USDshort | +0.2661% | 1h | 0.05884 | −0.024% | $100K | $2K | 5x |
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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP