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

SEI

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SEI0.05908−0.0105get 0.0105% / 8h7h 34m$316K$215K
ShortLighter SEI0.059090.0096get 0.0012% / 1h34m 29s$269K$1.2M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 40 min ago4.23 bpdoesn't fit31.3 bp −$313doesn't fitdoesn't fit
Sell Lighter live order book, 1 min ago4.23 bp6.6 bp −$721.7 bp −$217doesn't fitdoesn't fit

SEI on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05903−0.081%$23K100xas long as short
Variational Omni SEIlong−0.0105%8h0.05908long leg$316K$215K
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05906−0.027%$10K$72K25xas long as short
gTrade (Gains Network) SEI/USDL +0.0001% / S +0.0006%1h0.05904−0.062%$4K150xas long as short
Lighter SEIshort+0.0096%1h0.05909+0.024%$269K$1.2M10x
Orderly PERP_SEI_USDC+0.0100%8h0.05906−0.027%$1K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.05910+0.039%$3.4M$6.4M5xas long as short
Aster SEIUSDT+0.0100%8h0.05910+0.041%$309K$349K20xas long as short
Binance SEIUSDT+0.0100%8h0.05909+0.028%$14.2M$127.4M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05902−0.095%$13.9M$35.8M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05899−0.145%$3.1M$39.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.05905−0.044%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05905−0.044%$33.1M$27.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05908+0.007%$6.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05906−0.027%$9.2M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05905−0.044%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05913+0.092%$116K$559K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05900−0.129%$206K$1.6M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05920+0.210%$108K$671K50xas long as short
SunX SEI-USDT+0.0100%8h0.05911+0.058%$22K$4.5M30xas long as short
Extended SEI-USD+0.0104%1h0.05904−0.056%$75K$575K25xas long as short
Coinbase International SEI-PERP-INTX+0.0144%1h0.05904−0.061%$34K$204K50xas long as short
Kraken Futures PF_SEIUSD+0.0180%1h0.05906−0.020%$364K$1.6M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05906−0.027%$719K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05902−0.088%$11320xas long as short
Injective SEI/USDC PERP+0.0974%1h0.05942+0.583%$9K$43K12xas long as short
dYdX SEI-USD+0.1250%1h0.05904−0.054%$101K$2K5xas long as short