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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0398%/8h= +43.5% APRnext payment +$0.50 per $10,000 · paid last 24h −0.115%
Price spread now: Lighter against Injective−0.082%66s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+1.903%+$190 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.082% cheaper against Injective than usual: you would sell low and buy high (spread −0.082% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 17 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+1.903% in total) that is about 7 hours. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SEI/USDC PERP0.06078−0.0302get 0.0038% / 1h26m 00s$9K$40K12x
ShortLighter SEI0.060730.0096get 0.0012% / 1h26m 00s$271K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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
$83.5
Price spread: −0.082% → 0.000%
−$8.23
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter: 0 bp × 2 orders
$0
Net
$75.25
Costs to cover
0.000%
Break-even
0.7 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Lighter live order book, 5 min ago3.31 bp11.6 bp −$1233.9 bp −$339doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Injective SEI/USDC PERPlong−0.0302%1h0.06078long leg$9K$40K12x
Variational Omni SEI−0.0100%8h0.06036−0.699%$319K$173Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.06073−0.090%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06073−0.082%$383$72K25xas long as short
Lighter SEIshort+0.0096%1h0.06073−0.082%$271K$1.1M10x
Hyperliquid SEI+0.0100%1h0.06073−0.077%$3.7M$4.8M5xas long as short
Aster SEIUSDT+0.0100%8h0.06077−0.016%$334K$350K20xas long as short
Binance SEIUSDT+0.0100%8h0.06075−0.049%$14.8M$122.5M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06077−0.016%$14.5M$34.2M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06083+0.082%$3.5M$36.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06075−0.049%$1.1M$3.0M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06071−0.115%$31.1M$28.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06076−0.033%$6.8M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06070−0.132%$9.7M$17.0M75xas long as short
BingX SEI-USDT+0.0100%8h0.06071−0.115%$16.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06070−0.132%$118K$697K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06048−0.494%$208K$2.7M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06050−0.461%$101K$673K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06073−0.082%$2K$268K20xas long as short
SunX SEI-USDT+0.0100%8h0.060780.000%$23K$3.5M30xas long as short
Extended SEI-USD+0.0104%1h0.06069−0.153%$68K$438K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0184% / S −0.0531%1h0.06072−0.094%$3K100xas long as short
Coinbase International SEI-PERP-INTX+0.0192%1h0.06071−0.115%$67K$265K50xas long as short
BloFin SEI-USDT+0.0220%8h0.06082+0.066%$747K$1.6M75xas long as short
Kraken Futures PF_SEIUSD+0.0268%1h0.06073−0.080%$370K$1.7M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06077−0.025%$11620xas long as short
dYdX SEI-USD+0.1182%1h0.06074−0.069%$104K$2K5xas long as short