Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter−0.082%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$460.461% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.082%, 7d avg −0.014%
=Together, before fees−0.032%+ Points / potential airdropLighter: Season 3 · farm board−$3 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: BingX is 0.069% cheaper against Lighter than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.06074 | 0.0096 | pay 0.0012% / 1h | 21m 44s | $276K | $1.2M | 10x |
| Short | BingX SEI-USDT | 0.06069 | 0.0100 | get 0.0100% / 8h | 4h 21m | — | $31.4M | — |
Lighter SEI
BingX SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.082% → −0.014%
- −$6.88
- Slippage, 4 orders
- −$36.05
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$52.09
- Costs to cover
- 0.461%
- Break-even
- 441.1 days
Slippage from Lighter: live order book, 4 min ago; BingX: live order book, 2 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, 4 min ago | 2.46 bp | 9.5 bp −$10 | 36.0 bp −$360 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 3.30 bp | 13.7 bp −$14 | 21.6 bp −$216 | 64.4 bp −$6,444 | 368.8 bp −$184.4K |
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 | −0.0188% | 8h | 0.06083 | +0.154% | $324K | $189K | — | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0032% | 1h | 0.06149 | +1.235% | $43K | $221K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06073 | −0.010% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06080 | +0.099% | $10K | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0040% / S +0.0114% | 1h | 0.06074 | −0.003% | $6K | — | 100x | as long as short |
| Bybit SEIUSDT | +0.0049% | 8h | 0.06064 | −0.165% | $14.6M | $36.3M | 50x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.06074 | long leg | $276K | $1.2M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.06073 | −0.016% | $3.5M | $5.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06070 | −0.061% | $317K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06073 | −0.014% | $15.0M | $130.3M | 75x | as long as short |
Variational Omni SEI
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06065 | −0.148% | $3.4M | $40.2M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06069 | −0.082% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06073 | −0.016% | $35.2M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06072 | −0.033% | $6.6M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06073 | −0.016% | $10.0M | $16.7M | 75x | as long as short |
| BingX SEI-USDTshort | +0.0100% | 8h | 0.06069 | −0.082% | — | $31.4M | — | |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06070 | −0.066% | $107K | $616K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06110 | +0.595% | $206K | $1.9M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06080 | +0.099% | $109K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06078 | +0.066% | $2K | $81K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06084 | +0.165% | $23K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06070 | −0.063% | $77K | $552K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06067 | −0.115% | $765K | $1.3M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0267% | 1h | 0.06088 | +0.230% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0311% | 1h | 0.06079 | +0.077% | $378K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06074 | +0.008% | $116 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0726% | 1h | 0.06069 | −0.084% | $104K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
dYdX SEI-USD