Funding you earn now, next payment 23:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h −0.001%
Price spread now: Lighter against Orderly+0.119%7-day average +0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 3 days (all we have)−0.056%−$6 · spread now +0.119%, 7d avg +0.007%
=Together, before fees−0.016%+ 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: Lighter is 0.111% dearer against Orderly than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SEI_USDC | 0.05901 | 0.0099 | pay 0.0099% / 8h | 1h 43m | $2K | $111K | 20x |
| Short | Lighter SEI | 0.05908 | 0.0096 | get 0.0012% / 1h | 43m 29s | $266K | $1.2M | 10x |
Orderly PERP_SEI_USDC
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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
- −$0.6
- Price spread: +0.119% → +0.007%
- $11.14
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $4.54
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 3 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 2.54 bp | 6.6 bp −$7 | 31.8 bp −$318 | doesn't fit | doesn't fit |
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 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 | 0.05902 | +0.010% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05903 | +0.032% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05903 | +0.034% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0018% | 8h | 0.05886 | −0.255% | $312K | $222K | — | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05908 | +0.119% | $266K | $1.2M | 10x | |
| Orderly PERP_SEI_USDClong | +0.0099% | 8h | 0.05901 | long leg | $2K | $111K | 20x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05910 | +0.149% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05913 | +0.205% | $309K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05904 | +0.046% | $13.7M | $126.3M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05897 | −0.068% | $13.9M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
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 | 0.05898 | −0.051% | $3.0M | $39.8M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05903 | +0.034% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05907 | +0.102% | $28.9M | $26.0M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05906 | +0.085% | $6.7M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05908 | +0.119% | $9.3M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05903 | +0.034% | — | $33.1M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05908 | +0.119% | $119K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05904 | +0.043% | $208K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05900 | −0.017% | $107K | $667K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05918 | +0.288% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05905 | +0.073% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0189% | 1h | 0.05905 | +0.073% | $375K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05960 | +1.000% | $33K | $209K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05907 | +0.102% | $702K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05906 | +0.077% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05930 | +0.491% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2696% | 1h | 0.05904 | +0.054% | $101K | $2K | 5x | 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
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD