Funding you earn now, next payment 05:00 UTC+0.0296%/8h= +32.4% APRpaid last 24h +0.030%
Price spread now: Lighter against Variational Omni−0.091%7-day average +0.107% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.091%, 7d avg +0.107%
=Together, before fees+0.022%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.197% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.107%). If the spread goes back, that is −$20 on $10k: about 2.2 days of funding at the current rate (+$9 a day). At the pace of the last 4 days (+0.041% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.041% in total (about 4.2% 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 | Variational Omni SEI | 0.06009 | −0.0200 | get 0.0200% / 8h | 3h 50m | $320K | $187K | — |
| Short | Lighter SEI | 0.06004 | 0.0096 | get 0.0012% / 1h | 50m 06s | $268K | $1.1M | 10x |
Variational Omni SEI
Lighter SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- $62.11
- Price spread: −0.091% → +0.107%
- −$19.75
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $42.36
- Costs to cover
- 0.000%
- Break-even
- 2.2 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Lighter: live order book, 6 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 Variational Omni RFQ quote, 4 min ago | 4.16 bp | doesn't fit | 37.4 bp −$374 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 3.32 bp | 9.9 bp −$10 | 34.5 bp −$345 | 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 SEIlong | −0.0200% | 8h | 0.06009 | long leg | $320K | $187K | — | |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05996 | −0.217% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05997 | −0.207% | $10K | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0042% / S +0.0094% | 1h | 0.05996 | −0.219% | $6K | — | 100x | as long as short |
| Bybit SEIUSDT | +0.0048% | 8h | 0.05995 | −0.240% | $14.4M | $36.3M | 50x | as long as short |
| Lighter SEIshort | +0.0096% | 1h | 0.06004 | −0.091% | $268K | $1.1M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.06005 | −0.067% | $3.4M | $5.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05998 | −0.193% | $314K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06003 | −0.107% | $14.8M | $130.4M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06002 | −0.124% | $3.4M | $39.9M | 50x | as long as short |
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.05998 | −0.191% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06003 | −0.107% | $34.9M | $28.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06000 | −0.157% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06003 | −0.107% | $9.9M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06001 | −0.141% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06001 | −0.141% | $106K | $631K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06037 | +0.456% | $209K | $2.0M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06040 | +0.508% | $109K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05997 | −0.207% | $2K | $46K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06006 | −0.057% | $23K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05996 | −0.218% | $76K | $550K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.05999 | −0.174% | $43K | $218K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06014 | +0.076% | $753K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0258% | 1h | 0.06003 | −0.109% | $370K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05994 | −0.256% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.06011 | +0.026% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1600% | 1h | 0.05997 | −0.207% | $102K | $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
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD