Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Binance against Lighter−0.027%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.027%, 7d avg 0.000%
=Together, before fees−0.174%+ Points / potential airdropLighter: Season 3 · farm board−$17 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: Binance is 0.026% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.05925 | 0.0096 | pay 0.0012% / 1h | 45m 14s | $269K | $1.2M | 10x |
| Short | Binance SEIUSDT | 0.05923 | 0.0100 | get 0.0100% / 8h | 6h 45m | $14.1M | $129.3M | 75x |
Lighter SEI
Binance SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: −0.027% → 0.000%
- −$2.63
- Slippage, 4 orders
- −$31.18
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$42.97
- Costs to cover
- 0.412%
- Break-even
- 365.1 days
Slippage from Lighter: live order book, 6 min ago; Binance: live order book, 13 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 Lighter live order book, 6 min ago | 3.34 bp | 9.1 bp −$9 | 25.9 bp −$259 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.84 bp | 12.9 bp −$13 | 26.7 bp −$267 | 116.7 bp −$11.7K | 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 −0.0815% / S +0.0444% | 1h | 0.05928 | +0.051% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0136% | 8h | 0.05925 | −0.007% | $317K | $210K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05929 | +0.075% | $11K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05925 | 0.000% | $10K | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05946 | +0.354% | $34K | $206K | 50x | as long as short |
| Bybit SEIUSDT | +0.0062% | 8h | 0.05917 | −0.135% | $14.0M | $36.2M | 50x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05925 | long leg | $269K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05925 | 0.000% | $2K | $104K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05933 | +0.132% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05934 | +0.147% | $310K | $355K | 20x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Bybit SEIUSDT
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SEIUSDTshort | +0.0100% | 8h | 0.05923 | −0.027% | $14.1M | $129.3M | 75x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05921 | −0.068% | $3.2M | $40.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05931 | +0.101% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05930 | +0.084% | $35.0M | $28.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05930 | +0.084% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05925 | 0.000% | $9.4M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05928 | +0.051% | — | $31.6M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05937 | +0.203% | $118K | $570K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05986 | +1.030% | $210K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | +0.084% | $108K | $675K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05935 | +0.169% | $23K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05921 | −0.073% | $75K | $540K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05976 | +0.861% | $720K | $1.1M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05927 | +0.040% | $113 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0378% | 1h | 0.05925 | −0.008% | $380K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0488% | 1h | 0.05932 | +0.115% | $101K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05940 | +0.253% | $9K | $43K | 12x | 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
Extended SEI-USD
BloFin SEI-USDT
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD
Injective SEI/USDC PERP