Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bybit against Lighter−0.183%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 7 days+0.080%+$8 · spread now −0.183%, 7d avg −0.032%
=Together, before fees−0.035%+ 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: Bybit is 0.151% cheaper against Lighter than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.06012 | 0.0096 | pay 0.0012% / 1h | 12m 19s | $272K | $1.1M | 10x |
| Short | Bybit SEIUSDT | 0.06001 | 0.0100 | get 0.0100% / 8h | 2h 12m | $14.2M | $34.5M | 50x |
Lighter SEI
Bybit SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.183% → −0.032%
- −$15.11
- Slippage, 4 orders
- −$31.86
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$57.12
- Costs to cover
- 0.429%
- Break-even
- 483.0 days
Slippage from Lighter: live order book, 3 min ago; Bybit: live order book, 1 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, 3 min ago | 0.83 bp | 11.3 bp −$11 | 29.7 bp −$297 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.83 bp | 12.4 bp −$12 | 29.4 bp −$294 | 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 | −0.0137% | 8h | 0.05975 | −0.624% | $321K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06005 | −0.118% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0016% / S +0.0015% | 1h | 0.06004 | −0.130% | $3K | — | 100x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.06012 | long leg | $272K | $1.1M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.06011 | −0.018% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06012 | 0.000% | $314K | $360K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06008 | −0.067% | $14.5M | $126.7M | 75x | as long as short |
| Bybit SEIUSDTshort | +0.0100% | 8h | 0.06001 | −0.183% | $14.2M | $34.5M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06002 | −0.166% | $3.4M | $36.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06007 | −0.083% | $1.1M | $3.1M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.06009 | −0.050% | $35.1M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06009 | −0.050% | $6.5M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06008 | −0.067% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06004 | −0.133% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06010 | −0.033% | $107K | $648K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05992 | −0.339% | $204K | $2.3M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05990 | −0.366% | $102K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06005 | −0.116% | $2K | $121K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06014 | +0.033% | $22K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06008 | −0.074% | $76K | $561K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0250% | 1h | 0.06005 | −0.116% | $379 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05990 | −0.366% | $43K | $229K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06007 | −0.079% | $115 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0370% | 8h | 0.06008 | −0.067% | $721K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05994 | −0.299% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0536% | 1h | 0.06001 | −0.177% | $363K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1250% | 1h | 0.06007 | −0.078% | $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
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD