Funding you earn now, next payment 06:00 UTC+0.0265%/8h= +29.1% APRpaid last 24h +0.037%
Price spread now: BloFin against Lighter−0.201%7-day average +0.015% · 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−$69as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.201%, 7d avg +0.015%
=Together, before fees+0.231%+ Points / potential airdropLighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.216% cheaper against Lighter than usual: you would sell low and buy high (spread −0.201% now, against its 7-day average of +0.015%). If the spread goes back, that is −$22 on $10k: about 2.7 days of funding at the current rate (+$8 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.05962 | 0.0096 | pay 0.0012% / 1h | 48m 43s | $270K | $1.1M | 10x |
| Short | BloFin SEI-USDT | 0.05950 | 0.0361 | get 0.0361% / 8h | 2h 48m | $737K | $1.4M | 75x |
Lighter SEI
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $55.74
- Price spread: −0.201% → +0.015%
- −$21.64
- Slippage, 4 orders
- −$35.64
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$13.53
- Costs to cover
- 0.476%
- Break-even
- 8.7 days
Slippage from Lighter: live order book, 2 min ago; BloFin: live order book, 4 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, 2 min ago | 2.51 bp | 8.2 bp −$8 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.67 bp | 13.0 bp −$13 | 22.0 bp −$220 | 68.2 bp −$6,817 | 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 | −0.0187% | 8h | 0.05965 | +0.058% | $320K | $176K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05955 | −0.117% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0040% / S +0.0038% | 1h | 0.05954 | −0.138% | $5K | — | 100x | as long as short |
| Bybit SEIUSDT | +0.0081% | 8h | 0.05957 | −0.084% | $14.1M | $34.5M | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0086% | 1h | 0.05956 | −0.101% | $376 | $72K | 25x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05962 | long leg | $270K | $1.1M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05962 | −0.002% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05961 | −0.023% | $312K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05958 | −0.061% | $14.4M | $127.4M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05961 | −0.017% | $3.4M | $37.4M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Deribit SEI_USDC-PERPETUAL
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 | 0.05954 | −0.134% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05955 | −0.117% | $34.3M | $27.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05954 | −0.134% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05959 | −0.050% | $9.8M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05957 | −0.084% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05955 | −0.117% | $103K | $639K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05967 | +0.084% | $209K | $2.2M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05970 | +0.134% | $101K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05954 | −0.134% | $2K | $86K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05963 | +0.017% | $22K | $4.0M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05956 | −0.103% | $79K | $565K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05970 | +0.134% | $42K | $225K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05956 | −0.109% | $114 | — | 20x | as long as short |
| BloFin SEI-USDTshort | +0.0361% | 8h | 0.05950 | −0.201% | $737K | $1.4M | 75x | |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05947 | −0.252% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0541% | 1h | 0.05953 | −0.159% | $369K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1013% | 1h | 0.05949 | −0.211% | $102K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
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
Reya SEIRUSDPERP
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD