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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SEIUSDT | 0.06058 | 0.0100 | pay 0.0100% / 8h | 7h 38m | $14.7M | $122.9M | 75x |
| Short | Lighter SEI | 0.06063 | 0.0096 | get 0.0012% / 1h | 38m 15s | $271K | $1.1M | 10x |
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 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: +0.077% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 5 min ago | 0.82 bp | 13.0 bp −$13 | 32.2 bp −$322 | 170.3 bp −$17.0K | doesn't fit |
| Sell Lighter live order book, 3 min ago | 4.95 bp | 10.6 bp −$11 | 29.6 bp −$296 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SEI/USDC PERP | −0.0302% | 1h | 0.06110 | +0.853% | $9K | $40K | 12x | as long as short |
| Variational Omni SEI | −0.0097% | 8h | 0.06047 | −0.196% | $319K | $173K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06059 | +0.006% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06061 | +0.044% | $383 | $72K | 25x | as long as short |
| Gate SEI_USDT | +0.0081% | 8h | 0.06055 | −0.055% | $1.1M | $2.9M | 75x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.06063 | +0.077% | $271K | $1.1M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.06068 | +0.158% | $3.8M | $4.8M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06060 | +0.028% | $333K | $350K | 20x | as long as short |
| Binance SEIUSDTlong | +0.0100% | 8h | 0.06058 | long leg | $14.7M | $122.9M | 75x | |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06055 | −0.055% | $14.5M | $34.2M | 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 | 0.06057 | −0.022% | $3.4M | $36.3M | 50x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06058 | −0.006% | $39.8M | $27.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06060 | +0.027% | $6.8M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06061 | +0.044% | $9.7M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06058 | −0.006% | — | $16.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06063 | +0.077% | $119K | $680K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06073 | +0.250% | $208K | $2.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06060 | +0.027% | $101K | $675K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06059 | +0.011% | $2K | $261K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06060 | +0.027% | $23K | $3.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06059 | +0.010% | $67K | $436K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.06040 | −0.303% | $66K | $263K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06050 | −0.138% | $745K | $1.6M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0268% | 1h | 0.06064 | +0.099% | $370K | $1.7M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0273% / S −0.2616% | 1h | 0.06059 | +0.016% | $12K | — | 100x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06056 | −0.038% | $116 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0952% | 1h | 0.06053 | −0.089% | $103K | $2K | 5x | as long as short |
Binance SEIUSDT
Lighter SEI
Injective SEI/USDC PERP
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Gate SEI_USDT
Hyperliquid SEI
Aster SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
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
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
GMX SEI/USD [ETH-USDC]