Funding you earn now, next payment 03:00 UTC−0.0250%/8h= −27.4% APRpaid last 24h −0.030%
Price spread now: Variational Omni against Lighter−0.562%7-day average −0.103% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+0.751%+$75 · spread now −0.562%, 7d avg −0.103%
=Together, before fees+0.712%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$71 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.459% cheaper against Lighter than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of −0.103%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.038% in total (about -4.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SEI | 0.06169 | 0.0096 | pay 0.0012% / 1h | 10m 55s | $281K | $1.2M | 10x |
| Short | Variational Omni SEI | 0.06134 | −0.0154 | pay 0.0154% / 8h | 5h 10m | $333K | $183K | — |
Lighter SEI
Variational Omni SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$52.49
- Price spread: −0.562% → −0.103%
- −$45.91
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$98.4
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 5 min ago; Variational Omni: RFQ quote, 53 min ago. Net counts fees only.
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 | 3.24 bp | 6.9 bp −$7 | 27.2 bp −$272 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 53 min ago | 4.18 bp | doesn't fit | 32.6 bp −$326 | 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 SEIshort | −0.0154% | 8h | 0.06134 | −0.562% | $333K | $183K | — | |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06164 | −0.074% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06165 | −0.065% | $10K | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0008% / S +0.0170% | 1h | 0.06160 | −0.144% | $7K | — | 100x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.06169 | long leg | $281K | $1.2M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.06178 | +0.146% | $3.6M | $5.7M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06171 | +0.035% | $323K | $356K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06171 | +0.035% | $15.4M | $129.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06162 | −0.113% | $14.9M | $36.1M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06168 | −0.016% | $3.5M | $41.0M | 50x | as long as short |
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.06171 | +0.032% | $1.2M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06170 | +0.016% | $36.6M | $28.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06169 | 0.000% | $6.6M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06171 | +0.032% | $9.9M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06169 | 0.000% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06176 | +0.113% | $114K | $602K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06124 | −0.732% | $213K | $1.8M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06130 | −0.632% | $109K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06167 | −0.032% | $2K | $94K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06163 | −0.097% | $23K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06171 | +0.035% | $78K | $545K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0128% | 1h | 0.06160 | −0.146% | $42K | $222K | 50x | as long as short |
| Injective SEI/USDC PERP | +0.0156% | 1h | 0.06136 | −0.535% | $9K | $43K | 12x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06172 | +0.049% | $596K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06159 | −0.155% | $118 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0461% | 1h | 0.06171 | +0.038% | $383K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0700% | 1h | 0.06145 | −0.393% | $105K | $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
Injective SEI/USDC PERP
BloFin SEI-USDT
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD