Settings8H · net · $10k
Funding arb · Price arb /

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0565%/8h= −61.9% APRnext payment $0.71 per $10,000 · paid last 24h +0.114%
Price spread now: Injective against Lighter−0.422%96s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.871%−$187 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Injective is 0.422% cheaper against Lighter than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SEI0.061580.0096pay 0.0012% / 1h51m 37s$273K$981K10x
ShortInjective SEI/USDC PERP0.06132−0.0469pay 0.0059% / 1h51m 37s$9K$37K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$118.72
Price spread: −0.422% → 0.000%
−$42.22
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$160.96
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 2 min ago1.62 bp8.4 bp −$829.4 bp −$294doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SEI on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SEI/USDC PERPshort−0.0469%1h0.06132−0.422%$9K$37K12x
Variational Omni SEI−0.0141%8h0.06140−0.285%$321K$172Kas long as short
Coinbase International SEI-PERP-INTX−0.0048%1h0.06119−0.633%$69K$269K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.06149−0.148%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06137−0.341%$10K$72K25xas long as short
Lighter SEIlong+0.0096%1h0.06158long leg$273K$981K10x
Aster SEIUSDT+0.0100%8h0.06158−0.001%$340K$323K20xas long as short
Binance SEIUSDT+0.0100%8h0.06156−0.030%$15.1M$118.4M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06150−0.130%$14.7M$33.8M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06154−0.065%$3.5M$35.1M50xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06148−0.162%$1.1M$2.7M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06156−0.032%$22.6M$30.1M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06155−0.049%$6.8M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06159+0.016%$9.7M$17.4M75xas long as short
BingX SEI-USDT+0.0100%8h0.06153−0.081%$16.9Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06136−0.357%$110K$715K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06146−0.196%$208K$3.0M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06150−0.130%$90K$672K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06136−0.357%$2K$302K20xas long as short
SunX SEI-USDT+0.0100%8h0.06147−0.179%$23K$3.2M30xas long as short
Extended SEI-USD+0.0104%1h0.06156−0.034%$72K$418K25xas long as short
Kraken Futures PF_SEIUSD+0.0163%1h0.06136−0.359%$373K$1.8M50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0215% / S −0.0631%1h0.06140−0.299%$3K100xas long as short
BloFin SEI-USDT+0.0220%8h0.06151−0.114%$753K$1.6M75xas long as short
Hyperliquid SEI+0.0233%1h0.06161+0.045%$4.1M$4.2M5xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06138−0.325%$11720xas long as short
dYdX SEI-USD+0.1095%1h0.06142−0.256%$105K$2K5xas long as short