Funding you earn now, next payment 06:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h +0.057%
Price spread now: Lighter against Coinbase International−0.333%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1551.548% of the position
Funding, last 7 days+0.584%+$58 on $10k
+Price spread, last 4 days (all we have)+0.572%+$57 · spread now −0.333%, 7d avg +0.059%
=Together, before fees+1.155%+ Points / potential airdropLighter: Season 3 · farm board+$116 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter is 0.392% cheaper against Coinbase International than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of +0.059%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.584%, 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 | 0.06010 | 0.0272 | pay 0.0034% / 1h | 55m 28s | $43K | $230K | 50x |
| Short | Lighter SEI | 0.05990 | 0.0096 | get 0.0012% / 1h | 55m 28s | $270K | $1.1M | 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
- −$36.96
- Price spread: −0.333% → +0.059%
- −$39.17
- Slippage, 4 orders
- −$144.81
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$230.95
- Costs to cover
- 1.548%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 52 min ago; Lighter: live order book, 5 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, 52 min ago | 15.97 bp | 70.8 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 3.34 bp | 7.5 bp −$7 | 35.1 bp −$351 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0131% | 8h | 0.05986 | −0.392% | $316K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05990 | −0.328% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0030% / S −0.0028% | 1h | 0.05982 | −0.468% | $3K | — | 100x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05990 | −0.333% | $270K | $1.1M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05989 | −0.356% | $3.4M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05989 | −0.348% | $313K | $360K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05984 | −0.425% | $14.6M | $126.3M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05979 | −0.516% | $14.1M | $34.3M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05978 | −0.532% | $3.4M | $36.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05985 | −0.416% | $1.1M | $3.0M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.05985 | −0.416% | $35.7M | $27.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05988 | −0.366% | $6.5M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05985 | −0.416% | $9.7M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05983 | −0.449% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05995 | −0.250% | $107K | $648K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05999 | −0.183% | $203K | $2.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06000 | −0.166% | $102K | $671K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05984 | −0.433% | $2K | $137K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06008 | −0.033% | $23K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05983 | −0.450% | $76K | $558K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0251% | 1h | 0.05995 | −0.250% | $379 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0272% | 1h | 0.06010 | long leg | $43K | $230K | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05986 | −0.407% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0350% | 1h | 0.05990 | −0.329% | $360K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0369% | 8h | 0.06001 | −0.150% | $734K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0402% | 1h | 0.06015 | +0.083% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.1309% | 1h | 0.05991 | −0.310% | $102K | $2K | 5x | as long as short |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Deribit SEI_USDC-PERPETUAL
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Injective SEI/USDC PERP
dYdX SEI-USD