Funding you earn now, next payment 20:00 UTC−0.2275%/8hnext payment −$2.84 per $10,000 · paid last 24h −0.403%
Price spread now: Lighter against dYdX−0.019%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$857as in the Funding arb table
Net, price: spread back to 7d avg − costs−$717as in the Price arb table
costs, in and out, $10k−$7157.145% of the position
Funding, last 7 days−1.425%−$143 on $10k
+Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.019%, 7d avg +0.009%
=Together, before fees−1.403%+ Points / potential airdropLighter: Season 3 · farm board−$140 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$68 a day on $10k at the current rate, and Lighter is 0.028% cheaper against dYdX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.425% in total (about -74.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.05893 | 0.2371 | pay 0.0296% / 1h | 28m 34s | $101K | $2K | 5x |
| Short | Lighter SEI | 0.05892 | 0.0096 | get 0.0012% / 1h | 28m 34s | $266K | $1.3M | 10x |
dYdX SEI-USD
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against dYdX. 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
- −$477.65
- Price spread: −0.019% → +0.009%
- −$2.81
- Slippage, 4 orders
- −$704.55
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1,195.01
- Costs to cover
- 7.145%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 4 min ago; Lighter: live order book, 10 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 dYdX live order book, 4 min ago | 149.95 bp | 155.7 bp −$156 | 156.5 bp −$1,565 | 179.3 bp −$17.9K | 666.6 bp −$333.3K |
| Sell Lighter live order book, 10 min ago | 2.54 bp | 8.1 bp −$8 | 30.7 bp −$307 | 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 −0.0866% / S +0.0483% | 1h | 0.05894 | +0.020% | $29K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0280% | 1h | 0.05899 | +0.099% | $31K | $230K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05895 | +0.025% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05892 | −0.019% | $30K | $52K | 25x | as long as short |
| Variational Omni SEI | +0.0087% | 8h | 0.05895 | +0.031% | $310K | $262K | — | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05892 | −0.019% | $266K | $1.3M | 10x | |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05890 | −0.053% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05895 | +0.026% | $3.4M | $6.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05895 | +0.036% | $305K | $390K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05890 | −0.053% | $14.0M | $130.6M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05884 | −0.155% | $13.9M | $37.3M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05887 | −0.104% | $3.1M | $40.7M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05892 | −0.019% | $1.1M | $3.7M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05890 | −0.053% | $29.9M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05893 | −0.002% | $7.0M | $14.7M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05890 | −0.053% | $9.3M | $17.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05889 | −0.070% | — | $33.0M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05892 | −0.019% | $118K | $584K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05883 | −0.178% | $206K | $1.2M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05890 | −0.053% | $108K | $672K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05898 | +0.082% | $22K | $4.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05889 | −0.068% | $75K | $479K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0147% | 1h | 0.05892 | −0.013% | $374K | $1.9M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05890 | −0.053% | $740K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05894 | +0.017% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1063% | 1h | 0.05924 | +0.524% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USDlong | +0.2371% | 1h | 0.05893 | long leg | $101K | $2K | 5x |
Bybit SEIUSDT
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
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP