Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.037%
Price spread now: Lighter against Hyperliquid−0.015%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$370.373% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.015%, 7d avg −0.027%
=Together, before fees+0.055%+ Points / potential airdropHyperliquid: Season 2 · Lighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SEI | 0.05951 | 0.0100 | pay 0.0013% / 1h | 48m 44s | $3.4M | $6.5M | 5x |
| Short | Lighter SEI | 0.05950 | 0.0096 | get 0.0012% / 1h | 48m 44s | $266K | $1.2M | 10x |
Hyperliquid SEI
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Hyperliquid. 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: −0.015% → −0.027%
- $1.18
- Slippage, 4 orders
- −$28.27
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$36.93
- Costs to cover
- 0.373%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 3 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 Hyperliquid live order book, 3 min ago | 0.84 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 2.52 bp | 10.0 bp −$10 | 33.7 bp −$337 | 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 | 0.05941 | −0.163% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0014% | 8h | 0.05952 | +0.014% | $318K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05942 | −0.150% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05941 | −0.166% | $20K | $62K | 25x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05950 | −0.015% | $266K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05941 | −0.166% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEIlong | +0.0100% | 1h | 0.05951 | long leg | $3.4M | $6.5M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05950 | −0.022% | $311K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05948 | −0.049% | $13.9M | $125.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05940 | −0.183% | $14.0M | $36.0M | 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
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 | 0.05943 | −0.133% | $3.1M | $40.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05947 | −0.066% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05947 | −0.066% | $29.1M | $25.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05947 | −0.066% | $6.3M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05946 | −0.082% | $9.4M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05946 | −0.082% | — | $33.2M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05954 | +0.046% | $204K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | +0.153% | $109K | $671K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05950 | −0.015% | $23K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05949 | −0.025% | $75K | $476K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0129% | 1h | 0.05948 | −0.049% | $119K | $563K | 10x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05948 | −0.049% | $695K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0323% | 1h | 0.05945 | −0.101% | $372K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05920 | −0.519% | $33K | $208K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05939 | −0.192% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05970 | +0.321% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2838% | 1h | 0.05945 | −0.095% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD