Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX+0.509%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs+$19as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.441%−$44 · spread now +0.509%, 7d avg +0.011%
=Together, before fees−0.394%+ Points / potential airdropLighter: Season 3 · farm board−$39 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 0.498% dearer against BingX than usual: you sell high and buy low, +$50 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SEI-USDT | 0.05890 | 0.0100 | pay 0.0100% / 8h | 7h 55m | — | $33.2M | — |
| Short | Lighter SEI | 0.05920 | 0.0096 | get 0.0012% / 1h | 55m 23s | $264K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BingX. 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: +0.509% → +0.011%
- $49.79
- Slippage, 4 orders
- −$20.94
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $18.01
- Costs to cover
- 0.309%
- Break-even
- from the start
Slippage from BingX: live order book, 3 min ago; Lighter: live order book, 11 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 BingX live order book, 3 min ago | 1.69 bp | 10.2 bp −$10 | 22.3 bp −$223 | 57.0 bp −$5,704 | 368.0 bp −$184.0K |
| Sell Lighter live order book, 11 min ago | 2.53 bp | 4.0 bp −$4 | 24.1 bp −$241 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05891 | +0.020% | $23K | — | 100x | as long as short |
| Bybit SEIUSDT | −0.0167% | 8h | 0.05883 | −0.119% | $14.0M | $36.0M | 50x | as long as short |
| Variational Omni SEI | −0.0105% | 8h | 0.05922 | +0.538% | $316K | $222K | — | as long as short |
| Gate SEI_USDT | −0.0077% | 8h | 0.05896 | +0.102% | $1.1M | $3.4M | 75x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05892 | +0.034% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05890 | 0.000% | $9K | $72K | 25x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05920 | +0.509% | $264K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05891 | +0.017% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05901 | +0.194% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05911 | +0.349% | $309K | $361K | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SEIUSDT | +0.0100% | 8h | 0.05892 | +0.034% | $14.3M | $127.6M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05884 | −0.102% | $3.1M | $39.6M | 50x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05894 | +0.068% | $33.9M | $27.1M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05897 | +0.119% | $6.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05888 | −0.034% | $9.2M | $16.9M | 75x | as long as short |
| BingX SEI-USDTlong | +0.0100% | 8h | 0.05890 | long leg | — | $33.2M | — | |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05933 | +0.730% | $116K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05912 | +0.377% | $204K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | +0.509% | $108K | $675K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05910 | +0.340% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05885 | −0.078% | $75K | $471K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05909 | +0.323% | $33K | $205K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0181% | 1h | 0.05891 | +0.016% | $358K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05912 | +0.374% | $720K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05889 | −0.010% | $112 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0435% | 1h | 0.05908 | +0.298% | $101K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05895 | +0.085% | $8K | $42K | 12x | as long as short |
BingX SEI-USDT
Lighter SEI
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Variational Omni SEI
Gate SEI_USDT
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAP
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Injective SEI/USDC PERP