Funding you earn now, next payment 01:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter against Extended+0.059%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.059%, 7d avg +0.039%
=Together, before fees+0.221%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$22 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 0.020% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SEI-USD | 0.05946 | 0.0104 | pay 0.0013% / 1h | 29m 14s | $75K | $546K | 25x |
| Short | Lighter SEI | 0.05950 | 0.0096 | get 0.0012% / 1h | 29m 14s | $271K | $1.2M | 10x |
Extended SEI-USD
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$1.68
- Price spread: +0.059% → +0.039%
- $2.04
- Slippage, 4 orders
- −$44.73
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$49.37
- Costs to cover
- 0.497%
- Break-even
- never at this rate
Slippage from Extended: live order book, 44 min ago; Lighter: live order book, 2 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 Extended live order book, 44 min ago | 3.38 bp | 15.8 bp −$16 | 83.4 bp −$834 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 3.38 bp | 6.1 bp −$6 | 36.3 bp −$363 | 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 | 0.05945 | −0.023% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0103% | 8h | 0.05911 | −0.604% | $316K | $215K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05946 | −0.011% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0086% | 1h | 0.05949 | +0.043% | $10K | $72K | 25x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05950 | +0.059% | $271K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05947 | +0.009% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05956 | +0.160% | $3.5M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05948 | +0.031% | $311K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05948 | +0.026% | $14.4M | $127.3M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05941 | −0.092% | $13.9M | $35.8M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Orderly PERP_SEI_USDC
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 | 0.05944 | −0.042% | $3.1M | $39.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05950 | +0.059% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05948 | +0.026% | $33.5M | $27.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05953 | +0.110% | $6.2M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05947 | +0.009% | $9.3M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05947 | +0.009% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05926 | −0.344% | $116K | $559K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05914 | −0.548% | $207K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05910 | −0.613% | $108K | $672K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05956 | +0.160% | $23K | $4.5M | 30x | as long as short |
| Extended SEI-USDlong | +0.0104% | 1h | 0.05946 | long leg | $75K | $546K | 25x | |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05900 | −0.781% | $34K | $204K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0179% | 1h | 0.05950 | +0.062% | $367K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05955 | +0.143% | $727K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05948 | +0.023% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05940 | −0.109% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1071% | 1h | 0.05929 | −0.300% | $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
Coinbase International SEI-PERP-INTX
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD