Funding you earn now, next payment 01:00 UTC+0.0201%/8h= +22.0% APRpaid last 24h +0.030%
Price spread now: Lighter against Variational Omni+0.024%7-day average +0.103% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.036%+$4 on $10k
+Price spread, last 3 days (all we have)−0.059%−$6 · spread now +0.024%, 7d avg +0.103%
=Together, before fees−0.023%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.079% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.024% now, against its 7-day average of +0.103%). If the spread goes back, that is −$8 on $10k: about 31 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.036% in total) that is about 7.3 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.036% in total (about 3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SEI | 0.05908 | −0.0105 | get 0.0105% / 8h | 7h 34m | $316K | $215K | — |
| Short | Lighter SEI | 0.05909 | 0.0096 | get 0.0012% / 1h | 34m 29s | $269K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- $42.26
- Price spread: +0.024% → +0.103%
- −$7.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $34.4
- Costs to cover
- 0.000%
- Break-even
- 1.3 days
Slippage unknown: Variational Omni: RFQ quote, 40 min ago; Lighter: live order book, 1 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 40 min ago | 4.23 bp | doesn't fit | 31.3 bp −$313 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 1 min ago | 4.23 bp | 6.6 bp −$7 | 21.7 bp −$217 | 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 | 0.05903 | −0.081% | $23K | — | 100x | as long as short |
| Variational Omni SEIlong | −0.0105% | 8h | 0.05908 | long leg | $316K | $215K | — | |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05906 | −0.027% | $10K | $72K | 25x | as long as short |
| gTrade (Gains Network) SEI/USD | L +0.0001% / S +0.0006% | 1h | 0.05904 | −0.062% | $4K | — | 150x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05909 | +0.024% | $269K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05906 | −0.027% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05910 | +0.039% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05910 | +0.041% | $309K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05909 | +0.028% | $14.2M | $127.4M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05902 | −0.095% | $13.9M | $35.8M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05899 | −0.145% | $3.1M | $39.4M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05905 | −0.044% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05905 | −0.044% | $33.1M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05908 | +0.007% | $6.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05906 | −0.027% | $9.2M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05905 | −0.044% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05913 | +0.092% | $116K | $559K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05900 | −0.129% | $206K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | +0.210% | $108K | $671K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05911 | +0.058% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05904 | −0.056% | $75K | $575K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05904 | −0.061% | $34K | $204K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0180% | 1h | 0.05906 | −0.020% | $364K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05906 | −0.027% | $719K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05902 | −0.088% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05942 | +0.583% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1250% | 1h | 0.05904 | −0.054% | $101K | $2K | 5x | as long as short |
Variational Omni SEI
Lighter SEI
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
gTrade (Gains Network) SEI/USD
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
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
Coinbase International SEI-PERP-INTX
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Injective SEI/USDC PERP