Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bybit against Lighter−0.102%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.102%, 7d avg −0.039%
=Together, before fees−0.016%+ 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: Bybit is 0.062% cheaper against Lighter than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.05905 | 0.0096 | pay 0.0012% / 1h | 6m 43s | $266K | $1.2M | 10x |
| Short | Bybit SEIUSDT | 0.05899 | 0.0100 | get 0.0100% / 8h | 2h 06m | $13.9M | $36.2M | 50x |
Lighter SEI
Bybit SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.102% → −0.039%
- −$6.21
- Slippage, 4 orders
- −$29.36
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$45.73
- Costs to cover
- 0.404%
- Break-even
- 388.1 days
Slippage from Lighter: live order book, 9 min ago; Bybit: live order book, 2 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 | 3.37 bp | 6.8 bp −$7 | 23.1 bp −$231 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.69 bp | 13.4 bp −$13 | 30.7 bp −$307 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05912 | +0.120% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.931% | $33K | $209K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05914 | +0.156% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05914 | +0.152% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0018% | 8h | 0.05885 | −0.333% | $312K | $240K | — | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05905 | long leg | $266K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05912 | +0.119% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05908 | +0.056% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05914 | +0.158% | $309K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05902 | −0.051% | $13.7M | $127.2M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDTshort | +0.0100% | 8h | 0.05899 | −0.102% | $13.9M | $36.2M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05901 | −0.068% | $3.0M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05910 | +0.085% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05908 | +0.051% | $29.1M | $26.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05907 | +0.034% | $6.9M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05905 | 0.000% | $9.3M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05906 | +0.017% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05914 | +0.152% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05915 | +0.169% | $210K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05910 | +0.085% | $108K | $667K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05924 | +0.322% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05904 | −0.013% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0214% | 1h | 0.05912 | +0.126% | $374K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05911 | +0.102% | $710K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05912 | +0.125% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05911 | +0.102% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2246% | 1h | 0.05903 | −0.039% | $101K | $2K | 5x | 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
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD