Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: MEXC against Lighter−0.101%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$210.214% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.101%, 7d avg −0.012%
=Together, before fees−0.147%+ Points / potential airdropLighter: Season 3 · farm board−$15 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: MEXC is 0.088% cheaper against Lighter than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.05968 | 0.0096 | pay 0.0012% / 1h | 25m 53s | $271K | $1.2M | 10x |
| Short | MEXC SEI_USDT | 0.05962 | 0.0100 | get 0.0100% / 8h | 7h 25m | $36.7M | $28.0M | 300x |
Lighter SEI
MEXC SEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.101% → −0.012%
- −$8.84
- Slippage, 4 orders
- −$21.44
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$29.44
- Costs to cover
- 0.214%
- Break-even
- 252.4 days
Slippage from Lighter: live order book, 5 min ago; MEXC: live order book, 3 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, 5 min ago | 3.38 bp | 10.5 bp −$10 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.84 bp | 2.4 bp −$2 | 12.6 bp −$126 | 55.3 bp −$5,532 | 87.8 bp −$43.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05961 | −0.119% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0104% | 8h | 0.05955 | −0.226% | $319K | $211K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05961 | −0.121% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0085% | 1h | 0.05965 | −0.050% | $10K | $72K | 25x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.05968 | long leg | $271K | $1.2M | 10x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05964 | −0.067% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05969 | +0.018% | $3.5M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05962 | −0.096% | $312K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05964 | −0.067% | $14.4M | $127.4M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05956 | −0.201% | $14.0M | $35.8M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit 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 | 0.05959 | −0.151% | $3.2M | $39.7M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05963 | −0.084% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDTshort | +0.0100% | 8h | 0.05962 | −0.101% | $36.7M | $28.0M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05965 | −0.050% | $6.2M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05963 | −0.084% | $9.3M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05961 | −0.117% | — | $33.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05966 | −0.034% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05914 | −0.907% | $207K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | −0.302% | $108K | $673K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05964 | −0.067% | $23K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05964 | −0.064% | $75K | $540K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05900 | −1.139% | $34K | $204K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0179% | 1h | 0.05965 | −0.048% | $368K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05955 | −0.218% | $724K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05964 | −0.061% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05943 | −0.419% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1020% | 1h | 0.05952 | −0.275% | $102K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate 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
Coinbase International SEI-PERP-INTX
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD