Funding you earn now, next payment 03:00 UTC−0.0322%/8h= −35.3% APRnext payment −$0.40 per $10,000 · paid last 24h +0.039%
Price spread now: Lighter against Deribit−0.167%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Lighter is 0.167% cheaper against Deribit than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SEI_USDC-PERPETUAL | 0.05989 | 0.0418 | pay 0.0052% / 1h | 57m 39s | $10K | $72K | 25x |
| Short | Lighter SEI | 0.05979 | 0.0096 | get 0.0012% / 1h | 57m 39s | $271K | $1.2M | 10x |
Deribit SEI_USDC-PERPETUAL
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- −$67.62
- Price spread: −0.167% → 0.000%
- −$16.7
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$91.32
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 2.50 bp | 7.3 bp −$7 | 29.1 bp −$291 | doesn't fit | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SEI on 26 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 −0.0815% / S +0.0444% | 1h | 0.05983 | −0.102% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0118% | 8h | 0.05974 | −0.243% | $319K | $199K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05984 | −0.083% | — | — | 150x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05979 | −0.167% | $271K | $1.2M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05977 | −0.194% | $3.4M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05980 | −0.153% | $313K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05975 | −0.231% | $14.3M | $128.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05964 | −0.417% | $14.2M | $35.7M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05964 | −0.417% | $3.2M | $39.4M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05980 | −0.150% | $1.1M | $3.3M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.05970 | −0.317% | $34.4M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05978 | −0.184% | $6.4M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05970 | −0.317% | $9.5M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05978 | −0.184% | — | $31.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05986 | −0.050% | $119K | $566K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05976 | −0.216% | $211K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05980 | −0.150% | $109K | $663K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05986 | −0.050% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05994 | +0.083% | $22K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05974 | −0.257% | $77K | $546K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0128% | 1h | 0.05977 | −0.200% | $34K | $207K | 50x | as long as short |
| Injective SEI/USDC PERP | +0.0156% | 1h | 0.06002 | +0.217% | $9K | $43K | 12x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05984 | −0.091% | $114 | — | 20x | as long as short |
| Deribit SEI_USDC-PERPETUALlong | +0.0418% | 1h | 0.05989 | long leg | $10K | $72K | 25x | |
| Kraken Futures PF_SEIUSD | +0.0476% | 1h | 0.05987 | −0.029% | $376K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1381% | 1h | 0.05971 | −0.301% | $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
Coinbase International SEI-PERP-INTX
Injective SEI/USDC PERP
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD