Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Lighter−0.016%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$700.695% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now −0.016%, 7d avg +0.037%
=Together, before fees−0.008%+ Points / potential airdropLighter: Season 3 · farm board−$1 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: KuCoin is 0.053% cheaper against Lighter than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.06072 | 0.0096 | pay 0.0012% / 1h | 56m 53s | $273K | $1.1M | 10x |
| Short | KuCoin SEIUSDTM | 0.06071 | 0.0100 | get 0.0100% / 8h | 56m 53s | $6.7M | $14.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.016% → +0.037%
- −$5.33
- Slippage, 4 orders
- −$57.5
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$73.99
- Costs to cover
- 0.695%
- Break-even
- 623.6 days
Slippage from Lighter: live order book, 4 min ago; KuCoin: 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, 4 min ago | 4.13 bp | 8.5 bp −$8 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 1.66 bp | 24.4 bp −$24 | 77.5 bp −$775 | 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 | −0.0083% | 8h | 0.06053 | −0.306% | $320K | $180K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06069 | −0.043% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0074% / S −0.0159% | 1h | 0.06068 | −0.059% | $3K | — | 100x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.06072 | long leg | $273K | $1.1M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.06074 | +0.038% | $3.7M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06071 | −0.018% | $332K | $353K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06071 | −0.024% | $14.7M | $122.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06062 | −0.165% | $14.3M | $34.0M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06066 | −0.099% | $3.4M | $36.1M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06070 | −0.033% | $1.1M | $3.1M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.06069 | −0.049% | $35.8M | $27.0M | 300x | as long as short |
| KuCoin SEIUSDTMshort | +0.0100% | 8h | 0.06071 | −0.016% | $6.7M | $14.4M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06069 | −0.049% | $10.0M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06068 | −0.066% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06073 | +0.016% | $112K | $653K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06045 | −0.445% | $213K | $2.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06060 | −0.198% | $100K | $670K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06068 | −0.066% | $2K | $190K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06079 | +0.115% | $23K | $3.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06067 | −0.078% | $82K | $413K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0253% | 1h | 0.06072 | +0.003% | $377K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0288% | 1h | 0.06080 | +0.132% | $44K | $235K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06075 | +0.053% | $116 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0377% | 8h | 0.06068 | −0.066% | $745K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0454% | 1h | 0.06091 | +0.313% | $9K | $39K | 12x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0576% | 1h | 0.06061 | −0.181% | $383 | $72K | 25x | as long as short |
| dYdX SEI-USD | +0.1681% | 1h | 0.06083 | +0.178% | $104K | $2K | 5x | as long as short |
Lighter SEI
KuCoin SEIUSDTM
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Injective SEI/USDC PERP
Deribit SEI_USDC-PERPETUAL