Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter−0.116%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.116%, 7d avg −0.013%
=Together, before fees+0.024%+ Points / potential airdropLighter: Season 3 · farm board+$2 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: BingX is 0.103% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.06026 | 0.0096 | pay 0.0012% / 1h | 26m 35s | $268K | $1.2M | 10x |
| Short | BingX SEI-USDT | 0.06019 | 0.0100 | get 0.0100% / 8h | 3h 26m | — | $31.4M | — |
Lighter SEI
BingX SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.116% → −0.013%
- −$10.35
- Slippage, 4 orders
- −$33.4
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$52.9
- Costs to cover
- 0.434%
- Break-even
- 447.9 days
Slippage from Lighter: live order book, 9 min ago; BingX: live order book, 12 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, 9 min ago | 2.50 bp | 11.3 bp −$11 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 2.50 bp | 13.6 bp −$14 | 25.6 bp −$256 | 73.8 bp −$7,379 | 341.4 bp −$170.7K |
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 | −0.0203% | 8h | 0.06034 | +0.140% | $321K | $186K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06030 | +0.072% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06030 | +0.066% | $381 | $82K | 25x | as long as short |
| Bybit SEIUSDT | +0.0040% | 8h | 0.06011 | −0.249% | $14.4M | $36.2M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0045% / S +0.0073% | 1h | 0.06031 | +0.085% | $6K | — | 100x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.06026 | long leg | $268K | $1.2M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.06024 | −0.040% | $3.5M | $5.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06022 | −0.071% | $315K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06017 | −0.145% | $14.7M | $129.8M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06016 | −0.166% | $3.4M | $39.4M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Bybit SEIUSDT
GMX SEI/USD [ETH-USDC]
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.06019 | −0.116% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06018 | −0.133% | $35.1M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06023 | −0.050% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06019 | −0.116% | $10.0M | $16.7M | 75x | as long as short |
| BingX SEI-USDTshort | +0.0100% | 8h | 0.06019 | −0.116% | — | $31.4M | — | |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06032 | +0.100% | $108K | $631K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06025 | −0.013% | $209K | $2.1M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06040 | +0.232% | $103K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06030 | +0.066% | $2K | $56K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06038 | +0.199% | $23K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06017 | −0.145% | $77K | $547K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.06040 | +0.232% | $44K | $221K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06034 | +0.133% | $754K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0257% | 1h | 0.06028 | +0.040% | $373K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06020 | −0.093% | $115 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.06037 | +0.183% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1512% | 1h | 0.06019 | −0.110% | $103K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD