Settings8H · net · $10k
Funding arb · Price arb /

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Binance−0.252%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.176%+$18 on $10k
Price spread, last 4 days (all we have)+0.274%+$27 · spread now −0.252%, 7d avg 0.000%
Together, before fees+0.450%+ Points / potential airdropLighter: Season 3 · farm board+$45 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 0.252% cheaper against Binance than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SEIUSDT0.059500.0100pay 0.0100% / 8h7h 29m$14.4M$127.3M75x
ShortLighter SEI0.059350.0096get 0.0012% / 1h29m 28s$270K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: −0.252% → 0.000%
−$25.22
Slippage, 4 orders
−$24.84
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$60.89
Costs to cover
0.348%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Lighter: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago0.85 bp8.7 bp −$913.4 bp −$13493.0 bp −$9,304doesn't fit
Sell Lighter live order book, 1 min ago3.38 bp6.1 bp −$636.3 bp −$363doesn't fitdoesn't fit

SEI on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05945−0.082%$23K100xas long as short
Variational Omni SEI−0.0103%8h0.05911−0.662%$316K$215Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05946−0.070%150xas long as short
Deribit SEI_USDC-PERPETUAL+0.0088%1h0.05921−0.487%$10K$72K25xas long as short
Lighter SEIshort+0.0096%1h0.05935−0.252%$270K$1.2M10x
Orderly PERP_SEI_USDC+0.0100%8h0.05947−0.050%$1K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.05956+0.101%$3.5M$6.4M5xas long as short
Aster SEIUSDT+0.0100%8h0.05941−0.144%$311K$349K20xas long as short
Binance SEIUSDTlong+0.0100%8h0.05950long leg$14.4M$127.3M75x
Bybit SEIUSDT+0.0100%8h0.05942−0.134%$13.9M$35.8M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05944−0.101%$3.1M$39.6M50xas long as short
Gate SEI_USDT+0.0100%8h0.059500.000%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05948−0.034%$33.5M$27.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05953+0.050%$6.2M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05951+0.017%$9.3M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.05947−0.050%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05926−0.403%$116K$559K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05914−0.607%$207K$1.6M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05910−0.672%$108K$672K50xas long as short
SunX SEI-USDT+0.0100%8h0.05927−0.387%$22K$4.5M30xas long as short
Extended SEI-USD+0.0104%1h0.05943−0.114%$75K$549K25xas long as short
Coinbase International SEI-PERP-INTX+0.0144%1h0.05900−0.840%$34K$204K50xas long as short
Kraken Futures PF_SEIUSD+0.0180%1h0.05923−0.459%$365K$1.6M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05917−0.555%$723K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05948−0.036%$11420xas long as short
Injective SEI/USDC PERP+0.0974%1h0.05951+0.017%$9K$43K12xas long as short
dYdX SEI-USD+0.1071%1h0.05929−0.359%$101K$2K5xas long as short