Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Orderly+0.017%7-day average +0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.017%, 7d avg +0.003%
=Together, before fees+0.033%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SEI_USDC | 0.05934 | 0.0100 | pay 0.0100% / 8h | 6h 45m | $2K | $104K | 20x |
| Short | Lighter SEI | 0.05935 | 0.0096 | get 0.0012% / 1h | 45m 39s | $270K | $1.2M | 10x |
Orderly PERP_SEI_USDC
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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
- −$0.79
- Price spread: +0.017% → +0.003%
- $1.36
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$5.43
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 5 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 5 min ago | 3.34 bp | 7.8 bp −$8 | 29.9 bp −$299 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0815% / S +0.0444% | 1h | 0.05932 | −0.027% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0136% | 8h | 0.05925 | −0.159% | $317K | $210K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05934 | −0.008% | $11K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05938 | +0.067% | $10K | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05946 | +0.202% | $34K | $206K | 50x | as long as short |
| Bybit SEIUSDT | +0.0062% | 8h | 0.05932 | −0.034% | $14.0M | $36.2M | 50x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.05935 | +0.017% | $270K | $1.2M | 10x | |
| Orderly PERP_SEI_USDClong | +0.0100% | 8h | 0.05934 | long leg | $2K | $104K | 20x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05937 | +0.049% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05937 | +0.042% | $311K | $355K | 20x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Bybit SEIUSDT
Hyperliquid SEI
Aster SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SEIUSDT | +0.0100% | 8h | 0.05931 | −0.049% | $14.1M | $129.3M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05934 | 0.000% | $3.2M | $40.1M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05933 | −0.017% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05936 | +0.034% | $35.0M | $28.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05934 | 0.000% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05936 | +0.034% | $9.4M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05935 | +0.017% | — | $31.6M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05937 | +0.051% | $118K | $570K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05986 | +0.876% | $210K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05980 | +0.775% | $109K | $675K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05938 | +0.067% | $23K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05932 | −0.034% | $75K | $540K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05976 | +0.708% | $720K | $1.1M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05931 | −0.049% | $113 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0378% | 1h | 0.05939 | +0.083% | $381K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0488% | 1h | 0.05932 | −0.037% | $101K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05956 | +0.371% | $9K | $43K | 12x | as long as short |
Binance 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
BloFin SEI-USDT
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD
Injective SEI/USDC PERP