Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Binance against Lighter−0.173%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 7 days+0.100%+$10 · spread now −0.173%, 7d avg +0.006%
=Together, before fees−0.076%+ Points / potential airdropLighter: Season 3 · farm board−$8 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: Binance is 0.179% cheaper against Lighter than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.05946 | 0.0096 | pay 0.0012% / 1h | 34m 21s | $270K | $1.1M | 10x |
| Short | Binance SEIUSDT | 0.05936 | 0.0100 | get 0.0100% / 8h | 2h 34m | $14.3M | $127.2M | 75x |
Lighter SEI
Binance SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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: −0.173% → +0.006%
- −$17.88
- Slippage, 4 orders
- −$32.09
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$59.13
- Costs to cover
- 0.421%
- Break-even
- 499.7 days
Slippage from Lighter: live order book, 1 min ago; Binance: live order book, 9 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 Lighter live order book, 1 min ago | 3.35 bp | 7.8 bp −$8 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.84 bp | 13.1 bp −$13 | 25.1 bp −$251 | 104.8 bp −$10.5K | 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 | −0.0169% | 8h | 0.05944 | −0.041% | $319K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05934 | −0.208% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05931 | −0.252% | $374 | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0012% / S +0.0028% | 1h | 0.05933 | −0.210% | $3K | — | 100x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05946 | long leg | $270K | $1.1M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05939 | −0.119% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05942 | −0.071% | $311K | $354K | 20x | as long as short |
| Binance SEIUSDTshort | +0.0100% | 8h | 0.05936 | −0.173% | $14.3M | $127.2M | 75x | |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05931 | −0.252% | $14.1M | $34.6M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05927 | −0.320% | $3.4M | $36.9M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Hyperliquid SEI
Aster SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.05936 | −0.168% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05936 | −0.168% | $34.1M | $27.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05938 | −0.135% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05930 | −0.269% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05936 | −0.168% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05959 | +0.219% | $106K | $642K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05946 | +0.001% | $211K | $2.2M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | +0.067% | $101K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05931 | −0.252% | $2K | $100K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05977 | +0.521% | $22K | $4.0M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05938 | −0.127% | $79K | $565K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05960 | +0.235% | $42K | $225K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05935 | −0.192% | $113 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0367% | 8h | 0.05966 | +0.336% | $736K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05942 | −0.067% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0540% | 1h | 0.05960 | +0.234% | $368K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1470% | 1h | 0.05943 | −0.050% | $101K | $2K | 5x | as long as short |
Gate SEI_USDT
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
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD