Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.021%
Price spread now: Hyperliquid against Lighter−0.037%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now −0.037%, 7d avg +0.026%
=Together, before fees+0.041%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board+$4 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: Hyperliquid is 0.063% 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 +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.05961 | 0.0096 | pay 0.0012% / 1h | 0m 06s | $270K | $1.2M | 10x |
| Short | Hyperliquid SEI | 0.05959 | 0.0100 | get 0.0013% / 1h | 0m 06s | $3.4M | $5.1M | 5x |
Lighter SEI
Hyperliquid SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: −0.037% → +0.026%
- −$6.27
- Slippage, 4 orders
- −$33.86
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$48.29
- Costs to cover
- 0.429%
- Break-even
- 409.4 days
Slippage from Lighter: live order book, 1 min ago; Hyperliquid: 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, 1 min ago | 3.36 bp | 8.1 bp −$8 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 2 min ago | 1.01 bp | 9.7 bp −$10 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0199% | 8h | 0.05948 | −0.219% | $322K | $185K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05962 | +0.025% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05963 | +0.034% | $377 | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0048% / S +0.0048% | 1h | 0.05963 | +0.030% | $6K | — | 100x | as long as short |
| Bybit SEIUSDT | +0.0063% | 8h | 0.05955 | −0.101% | $14.2M | $34.6M | 50x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05961 | long leg | $270K | $1.2M | 10x | |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.05959 | −0.037% | $3.4M | $5.1M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05963 | +0.031% | $312K | $333K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05961 | +0.003% | $14.6M | $127.7M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05951 | −0.168% | $3.4M | $37.7M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
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 | 0.05958 | −0.050% | $1.1M | $3.2M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05960 | −0.017% | $34.3M | $29.0M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05963 | +0.034% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05959 | −0.034% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05952 | −0.151% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05961 | 0.000% | $103K | $631K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05979 | +0.302% | $204K | $2.2M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | −0.017% | $101K | $669K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05962 | +0.017% | $2K | $75K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05970 | +0.151% | $22K | $4.0M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05961 | −0.006% | $76K | $554K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.05960 | −0.017% | $42K | $224K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0260% | 1h | 0.05962 | +0.021% | $366K | $1.5M | 50x | as long as short |
| BloFin SEI-USDT | +0.0263% | 8h | 0.05952 | −0.151% | $749K | $1.4M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05964 | +0.055% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.05929 | −0.537% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1253% | 1h | 0.05959 | −0.035% | $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
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD