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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Binance+0.077%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$420.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.138%+$14 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.077%, 7d avg −0.007%
Together, before fees+0.099%+ Points / potential airdropLighter: Season 3 · farm board+$10 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: Lighter is 0.084% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SEIUSDT0.060580.0100pay 0.0100% / 8h7h 38m$14.7M$122.9M75x
ShortLighter SEI0.060630.0096get 0.0012% / 1h38m 15s$271K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Binance. 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
−$0.84
Price spread: +0.077% → −0.007%
$8.42
Slippage, 4 orders
−$31.6
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$34.02
Costs to cover
0.416%
Break-even
never at this rate
Slippage from Binance: live order book, 5 min ago; Lighter: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 5 min ago0.82 bp13.0 bp −$1332.2 bp −$322170.3 bp −$17.0Kdoesn't fit
Sell Lighter live order book, 3 min ago4.95 bp10.6 bp −$1129.6 bp −$296doesn'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
Injective SEI/USDC PERP−0.0302%1h0.06110+0.853%$9K$40K12xas long as short
Variational Omni SEI−0.0097%8h0.06047−0.196%$319K$173Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.06059+0.006%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06061+0.044%$383$72K25xas long as short
Gate SEI_USDT+0.0081%8h0.06055−0.055%$1.1M$2.9M75xas long as short
Lighter SEIshort+0.0096%1h0.06063+0.077%$271K$1.1M10x
Hyperliquid SEI+0.0100%1h0.06068+0.158%$3.8M$4.8M5xas long as short
Aster SEIUSDT+0.0100%8h0.06060+0.028%$333K$350K20xas long as short
Binance SEIUSDTlong+0.0100%8h0.06058long leg$14.7M$122.9M75x
Bybit SEIUSDT+0.0100%8h0.06055−0.055%$14.5M$34.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06057−0.022%$3.4M$36.3M50xas long as short
MEXC SEI_USDT+0.0100%8h0.06058−0.006%$39.8M$27.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06060+0.027%$6.8M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06061+0.044%$9.7M$17.1M75xas long as short
BingX SEI-USDT+0.0100%8h0.06058−0.006%$16.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06063+0.077%$119K$680K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06073+0.250%$208K$2.7M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06060+0.027%$101K$675K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06059+0.011%$2K$261K20xas long as short
SunX SEI-USDT+0.0100%8h0.06060+0.027%$23K$3.5M30xas long as short
Extended SEI-USD+0.0104%1h0.06059+0.010%$67K$436K25xas long as short
Coinbase International SEI-PERP-INTX+0.0192%1h0.06040−0.303%$66K$263K50xas long as short
BloFin SEI-USDT+0.0220%8h0.06050−0.138%$745K$1.6M75xas long as short
Kraken Futures PF_SEIUSD+0.0268%1h0.06064+0.099%$370K$1.7M50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0273% / S −0.2616%1h0.06059+0.016%$12K100xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06056−0.038%$11620xas long as short
dYdX SEI-USD+0.0952%1h0.06053−0.089%$103K$2K5xas long as short