Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.028%
Price spread now: Hyperliquid against Lighter+0.024%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$420.421% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.024%, 7d avg +0.027%
=Together, before fees−0.057%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour
| 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 | 25m 05s | $270K | $1.2M | 10x |
| Short | Hyperliquid SEI | 0.05947 | 0.0100 | get 0.0013% / 1h | 25m 05s | $3.4M | $6.3M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: +0.024% → +0.027%
- −$0.38
- Slippage, 4 orders
- −$33.12
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$41.67
- Costs to cover
- 0.421%
- Break-even
- 354.2 days
Slippage from Lighter: live order book, 1 min ago; Hyperliquid: live order book, 7 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 | 1.68 bp | 8.8 bp −$9 | 30.3 bp −$303 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 7 min ago | 0.08 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.05944 | −0.025% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0124% | 8h | 0.05942 | −0.075% | $318K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05945 | −0.017% | — | — | 150x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05933 | −0.219% | $34K | $206K | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0086% | 1h | 0.05946 | 0.000% | $10K | $72K | 25x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05946 | long leg | $270K | $1.2M | 10x | |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.05947 | +0.024% | $3.4M | $6.3M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05943 | −0.045% | $311K | $355K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05944 | −0.034% | $14.2M | $129.1M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05938 | −0.135% | $14.0M | $36.1M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05940 | −0.101% | $3.2M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05941 | −0.084% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05944 | −0.034% | $34.6M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05944 | −0.034% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05943 | −0.050% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05941 | −0.084% | — | $31.5M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05947 | +0.017% | $119K | $571K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05945 | −0.023% | $201K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | −0.437% | $108K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05945 | −0.017% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05952 | +0.101% | $23K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05942 | −0.069% | $79K | $546K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05942 | −0.066% | $113 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0377% | 1h | 0.05947 | +0.009% | $378K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0559% | 1h | 0.05930 | −0.261% | $101K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05951 | +0.084% | $9K | $43K | 12x | as long as short |
Lighter SEI
Hyperliquid SEI
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Coinbase International SEI-PERP-INTX
Deribit SEI_USDC-PERPETUAL
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERP