Funding you earn now, next payment 07:00 UTC−0.0250%/8h= −27.4% APRnext payment −$0.31 per $10,000 · paid last 24h −0.063%
Price spread now: Lighter against Kraken Futures+0.079%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$580.584% of the position
Funding, last 7 days−0.227%−$23 on $10k
+Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.079%, 7d avg −0.024%
=Together, before fees−0.350%+ Points / potential airdropLighter: Season 3 · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.103% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of −0.024%): +$10 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.227% in total) that is about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.06057 | 0.0346 | pay 0.0043% / 1h | 15m 51s | $370K | $1.6M | 50x |
| Short | Lighter SEI | 0.06062 | 0.0096 | get 0.0012% / 1h | 15m 51s | $274K | $1.1M | 10x |
Kraken Futures PF_SEIUSD
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Kraken Futures. 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
- −$52.46
- Price spread: +0.079% → −0.024%
- $10.34
- Slippage, 4 orders
- −$48.44
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$100.56
- Costs to cover
- 0.584%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago | 4.13 bp | 17.6 bp −$18 | 49.7 bp −$497 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 3.32 bp | 10.5 bp −$10 | 40.8 bp −$408 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0089% | 8h | 0.06016 | −0.673% | $315K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06047 | −0.169% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0059% / S −0.0113% | 1h | 0.06057 | +0.003% | $3K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0080% | 1h | 0.06060 | +0.046% | $383 | $72K | 25x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.06062 | +0.079% | $274K | $1.1M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.06065 | +0.124% | $3.5M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06060 | +0.039% | $317K | $359K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06057 | −0.004% | $14.5M | $123.4M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06050 | −0.119% | $14.3M | $33.9M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06051 | −0.103% | $3.4M | $36.2M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06056 | −0.020% | $1.2M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06056 | −0.020% | $36.3M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06059 | +0.029% | $6.6M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06057 | −0.004% | $9.8M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06056 | −0.020% | — | $31.4M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06043 | −0.238% | $213K | $2.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06020 | −0.614% | $102K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06059 | +0.029% | $2K | $169K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06067 | +0.162% | $23K | $3.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06053 | −0.066% | $77K | $367K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0214% | 1h | 0.06063 | +0.095% | $113K | $648K | 10x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0272% | 1h | 0.06060 | +0.046% | $43K | $234K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06049 | −0.135% | $115 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0346% | 1h | 0.06057 | long leg | $370K | $1.6M | 50x | |
| BloFin SEI-USDT | +0.0365% | 8h | 0.06049 | −0.136% | $726K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0402% | 1h | 0.06079 | +0.360% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.1988% | 1h | 0.06046 | −0.178% | $103K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
dYdX SEI-USD