Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Orderly against Lighter−0.067%7-day average −0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.067%, 7d avg −0.003%
=Together, before fees+0.018%+ Points / potential airdropLighter: Season 3 · farm board+$2 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: Orderly is 0.064% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.05930 | 0.0096 | pay 0.0012% / 1h | 28m 45s | $269K | $1.2M | 10x |
| Short | Orderly PERP_SEI_USDC | 0.05926 | 0.0100 | get 0.0100% / 8h | 6h 28m | $2K | $102K | 20x |
Lighter SEI
Orderly PERP_SEI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: −0.067% → −0.003%
- −$6.42
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$11.58
- Costs to cover
- 0.060%
- Break-even
- 103.5 days
Slippage unknown: Lighter: live order book, 2 min ago; Orderly: 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, 2 min ago | 4.22 bp | 8.7 bp −$9 | 32.7 bp −$327 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 26 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 −0.0815% / S +0.0444% | 1h | 0.05924 | −0.105% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0126% | 8h | 0.05933 | +0.044% | $317K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05926 | −0.076% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05923 | −0.118% | $10K | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05932 | +0.034% | $34K | $206K | 50x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05930 | long leg | $269K | $1.2M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05931 | +0.025% | $3.4M | $6.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05930 | −0.002% | $310K | $355K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05929 | −0.014% | $14.1M | $129.3M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05932 | +0.034% | $14.0M | $36.2M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05937 | +0.118% | $3.1M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05926 | −0.067% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05934 | +0.067% | $34.5M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05927 | −0.051% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05928 | −0.034% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05926 | −0.067% | — | $31.6M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05928 | −0.034% | $118K | $572K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05928 | −0.033% | $210K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | 0.000% | $108K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDCshort | +0.0100% | 8h | 0.05926 | −0.067% | $2K | $102K | 20x | |
| SunX SEI-USDT | +0.0100% | 8h | 0.05937 | +0.118% | $22K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05924 | −0.094% | $75K | $540K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05926 | −0.062% | $113 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0379% | 1h | 0.05923 | −0.117% | $369K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0524% | 1h | 0.05927 | −0.045% | $101K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05932 | +0.034% | $9K | $43K | 12x | 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
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD
Injective SEI/USDC PERP