Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Gate against Lighter−0.050%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$590.586% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.050%, 7d avg −0.006%
=Together, before fees−0.140%+ Points / potential airdropLighter: Season 3 · farm board−$14 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: Gate is 0.044% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.05991 | 0.0096 | pay 0.0012% / 1h | 59m 55s | $272K | $1.2M | 10x |
| Short | Gate SEI_USDT | 0.05988 | 0.0100 | get 0.0100% / 8h | 5h 59m | $1.1M | $3.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.050% → −0.006%
- −$4.45
- Slippage, 4 orders
- −$43.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$62.19
- Costs to cover
- 0.586%
- Break-even
- 525.2 days
Slippage from Lighter: live order book, 6 min ago; Gate: live order book, 3 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 | 3.36 bp | 11.4 bp −$11 | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 5.02 bp | 21.6 bp −$22 | 57.6 bp −$576 | doesn't fit | doesn't fit |
SEI on 26 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 | 0.05986 | −0.083% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0118% | 8h | 0.05974 | −0.276% | $319K | $199K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05987 | −0.074% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05988 | −0.050% | $10K | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05977 | −0.234% | $34K | $207K | 50x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05991 | long leg | $272K | $1.2M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05995 | +0.065% | $3.5M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05990 | −0.013% | $313K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05993 | +0.040% | $14.4M | $128.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05986 | −0.083% | $14.2M | $35.7M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05988 | −0.050% | $3.2M | $39.7M | 50x | as long as short |
| Gate SEI_USDTshort | +0.0100% | 8h | 0.05988 | −0.050% | $1.1M | $3.4M | 75x | |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05989 | −0.033% | $34.5M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05988 | −0.050% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05991 | 0.000% | $9.5M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05988 | −0.050% | — | $31.2M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05976 | −0.250% | $211K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05990 | −0.017% | $109K | $664K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05988 | −0.050% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05997 | +0.100% | $22K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05990 | −0.015% | $77K | $546K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0132% | 1h | 0.05990 | −0.017% | $119K | $568K | 10x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05988 | −0.046% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0374% | 1h | 0.05989 | −0.030% | $377K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0792% | 1h | 0.05990 | −0.020% | $102K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05978 | −0.217% | $9K | $43K | 12x | as long as short |
Lighter SEI
Gate SEI_USDT
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERP