Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h +0.069%
Price spread now: Lighter against Coinbase International−0.237%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$590.587% of the position
Funding, last 7 days+0.574%+$57 on $10k
+Price spread, last 3 days (all we have)+0.476%+$48 · spread now −0.237%, 7d avg +0.052%
=Together, before fees+1.050%+ Points / potential airdropLighter: Season 3 · farm board+$105 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.289% cheaper against Coinbase International than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.574%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SEI-PERP-INTX | 0.05909 | 0.0144 | pay 0.0018% / 1h | 55m 08s | $33K | $205K | 50x |
| Short | Lighter SEI | 0.05895 | 0.0096 | get 0.0012% / 1h | 55m 08s | $263K | $1.2M | 10x |
Coinbase International SEI-PERP-INTX
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Coinbase International. 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
- −$10.08
- Price spread: −0.237% → +0.052%
- −$28.9
- Slippage, 4 orders
- −$48.73
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$97.71
- Costs to cover
- 0.587%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 18 min ago; Lighter: live order book, 11 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 Coinbase International live order book, 18 min ago | 8.45 bp | 21.3 bp −$21 | 215.3 bp −$2,153 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 11 min ago | 2.53 bp | 4.0 bp −$4 | 24.1 bp −$241 | 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 | 0.05891 | −0.301% | $23K | — | 100x | as long as short |
| Bybit SEIUSDT | −0.0167% | 8h | 0.05885 | −0.406% | $14.0M | $36.0M | 50x | as long as short |
| Variational Omni SEI | −0.0105% | 8h | 0.05922 | +0.215% | $316K | $222K | — | as long as short |
| Gate SEI_USDT | −0.0077% | 8h | 0.05891 | −0.305% | $1.1M | $3.4M | 75x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05892 | −0.288% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05890 | −0.322% | $9K | $72K | 25x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05895 | −0.237% | $263K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05891 | −0.305% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05900 | −0.157% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05898 | −0.178% | $309K | $361K | 20x | as long as short |
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Variational Omni SEI
Gate SEI_USDT
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SEIUSDT | +0.0100% | 8h | 0.05895 | −0.237% | $14.3M | $127.6M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05894 | −0.254% | $3.1M | $39.6M | 50x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05896 | −0.220% | $33.4M | $27.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05889 | −0.338% | $6.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05895 | −0.237% | $9.2M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05891 | −0.305% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05891 | −0.305% | $115K | $562K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05912 | +0.054% | $204K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | +0.186% | $108K | $675K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05910 | +0.017% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05885 | −0.399% | $75K | $471K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0144% | 1h | 0.05909 | long leg | $33K | $205K | 50x | |
| Kraken Futures PF_SEIUSD | +0.0181% | 1h | 0.05891 | −0.306% | $358K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05893 | −0.271% | $722K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05889 | −0.331% | $112 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0435% | 1h | 0.05908 | −0.024% | $101K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05895 | −0.237% | $8K | $42K | 12x | as long as short |
Binance 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
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
dYdX SEI-USD
Injective SEI/USDC PERP