Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against OKX+0.050%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.050%, 7d avg +0.016%
=Together, before fees+0.072%+ Points / potential airdropLighter: Season 3 · farm board+$7 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: Lighter is 0.034% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SEI-USDT-SWAP | 0.05942 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $3.2M | $39.9M | 50x |
| Short | Lighter SEI | 0.05945 | 0.0096 | get 0.0012% / 1h | 26m 50s | $270K | $1.2M | 10x |
OKX SEI-USDT-SWAP
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: +0.050% → +0.016%
- $3.45
- Slippage, 4 orders
- −$35.39
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$42.78
- Costs to cover
- 0.454%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Lighter: live order book, 4 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 OKX live order book, 2 min ago | 0.84 bp | 12.6 bp −$13 | 36.9 bp −$369 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 4.22 bp | 9.3 bp −$9 | 35.8 bp −$358 | doesn't fit | doesn't fit |
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 | 0.05943 | +0.015% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0126% | 8h | 0.05933 | −0.159% | $317K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05943 | +0.024% | — | — | 150x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05948 | +0.101% | $34K | $206K | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0087% | 1h | 0.05928 | −0.236% | $10K | $72K | 25x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05945 | +0.050% | $270K | $1.2M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05946 | +0.066% | $3.4M | $6.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05945 | +0.047% | $311K | $355K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05944 | +0.032% | $14.2M | $129.2M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05938 | −0.067% | $14.0M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Coinbase International SEI-PERP-INTX
Deribit SEI_USDC-PERPETUAL
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-SWAPlong | +0.0100% | 4h | 0.05942 | long leg | $3.2M | $39.9M | 50x | |
| Gate SEI_USDT | +0.0100% | 8h | 0.05940 | −0.034% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05941 | −0.017% | $34.6M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05943 | +0.017% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05940 | −0.034% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05941 | −0.017% | — | $31.5M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05946 | +0.067% | $119K | $571K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05928 | −0.236% | $201K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | −0.370% | $108K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05944 | +0.034% | $2K | $100K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05953 | +0.185% | $23K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05938 | −0.073% | $75K | $540K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05946 | +0.059% | $113 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0377% | 1h | 0.05943 | +0.017% | $378K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0520% | 1h | 0.05945 | +0.058% | $101K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05941 | −0.017% | $9K | $43K | 12x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD
Injective SEI/USDC PERP