Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Hyperliquid against Lighter+0.038%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now +0.038%, 7d avg +0.027%
=Together, before fees−0.066%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.06062 | 0.0096 | pay 0.0012% / 1h | 40m 15s | $272K | $1.1M | 10x |
| Short | Hyperliquid SEI | 0.06064 | 0.0100 | get 0.0013% / 1h | 40m 15s | $3.8M | $4.8M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: +0.038% → +0.027%
- $1.13
- Slippage, 4 orders
- −$31.42
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$38.46
- Costs to cover
- 0.404%
- Break-even
- 327.5 days
Slippage from Lighter: live order book, 1 min ago; Hyperliquid: 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, 1 min ago | 4.95 bp | 7.3 bp −$7 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.65 bp | 11.4 bp −$11 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SEI/USDC PERP | −0.0302% | 1h | 0.06110 | +0.792% | $9K | $40K | 12x | as long as short |
| Variational Omni SEI | −0.0097% | 8h | 0.06047 | −0.256% | $319K | $173K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06054 | −0.126% | $8K | — | 150x | as long as short |
| Gate SEI_USDT | −0.0003% | 8h | 0.06056 | −0.099% | $1.1M | $2.9M | 75x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06055 | −0.115% | $382 | $72K | 25x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.06062 | long leg | $272K | $1.1M | 10x | |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.06064 | +0.038% | $3.8M | $4.8M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.06062 | −0.003% | $333K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06062 | 0.000% | $14.8M | $122.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06055 | −0.115% | $14.5M | $34.3M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06060 | −0.033% | $3.5M | $36.3M | 50x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06062 | 0.000% | $39.8M | $27.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06064 | +0.033% | $6.8M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06060 | −0.033% | $9.7M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06057 | −0.082% | — | $16.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06060 | −0.033% | $119K | $680K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06073 | +0.190% | $208K | $2.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06080 | +0.297% | $102K | $675K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06054 | −0.132% | $2K | $260K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06065 | +0.049% | $23K | $3.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06052 | −0.158% | $67K | $439K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.06050 | −0.198% | $66K | $263K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06056 | −0.099% | $745K | $1.6M | 75x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0267% / S −0.2513% | 1h | 0.06071 | +0.153% | $12K | — | 100x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0268% | 1h | 0.06062 | −0.006% | $370K | $1.7M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06051 | −0.181% | $115 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0822% | 1h | 0.06056 | −0.094% | $103K | $2K | 5x | as long as short |
Lighter SEI
Hyperliquid SEI
Injective SEI/USDC PERP
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Gate SEI_USDT
Deribit SEI_USDC-PERPETUAL
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
GMX SEI/USD [ETH-USDC]
Kraken Futures PF_SEIUSD