SEI funding rates

SEI perpetual funding across 12 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
18.8%long Variational, short Aster · net 16.7%
Highest funding now
10.9%Hyperliquid
Lowest funding now
−11.7%Variational
Listed on
12 venues

Funding by venue

7d chartFlagsOpen
HyperliquidSEI10.9%10.9%9.9%12.4%9.7%96%1h—0.06981$5.1M$1.2MHyHyperliquid
AsterSEIUSDT10.9%10.9%10.9%10.9%10.9%100%8h08:000.0698$405k$93kAsAster
GRVTSEI_USDT_Perp10.9%10.9%10.9%10.9%10.9%100%8h08:000.06976$243k$389kGrGRVT
BitgetCEXSEIUSDT10.9%10.9%10.9%9.4%10.9%100%8h08:000.06979$10.1M$3.1MBgBitget
GateCEXSEI_USDT10.9%−1.4%3.1%5.5%3.8%64%8h08:000.06978$9.7M$327kGtGate
BybitCEXSEIUSDT10.7%2.5%5.5%5.0%6.1%79%8h08:000.06974$12.6M$5.8MByBybit
LighterSEI10.5%10.5%7.0%9.6%6.4%86%1h04:000.06973$187k$156kLiLighter
ExtendedSEI-USD2.6%6.1%5.6%5.8%5.5%83%1h04:000.06965$67k$222kExExtended
BinanceCEXSEIUSDT2.6%6.2%5.2%6.2%5.0%81%8h08:000.06977$16.5M$16.7MBnBinance
MEXCCEXSEI_USDT2.3%6.6%5.1%5.6%4.9%76%8h08:000.06975$11.6M$9.4MMxMEXC
RWA PerpPERP_SEI_USDC−7.8%−5.3%−4.0%5.5%−3.8%26%8h08:000.06966$11k$29kRwRWA Perp
VariationalSEI−11.7%−13.8%−7.9%−8.9%−6.9%23%8h—0.06975$264k$176kVaVariational

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
VariationalAster22.7%24.8%18.8%19.8%16.7%25.1%1.6dsteady$264kspread not incl.VaAscalc
VariationalGRVT22.7%24.7%18.8%19.7%16.5%24.7%1.7dsteady$243kspread not incl.VaGrcalc
VariationalBitgetCEX22.7%24.7%18.8%18.2%15.7%23.5%2.3dsteady$264kspread not incl.VaBgcalc
VariationalHyperliquid22.7%24.8%17.7%21.3%15.4%23.1%1.9dsteady$264k8h/1hspread not incl.VaHycalc
VariationalLighter22.2%24.3%14.8%18.5%14.8%22.2%<0.1dsteady$187k8h/1hspread not incl.VaLicalc
VariationalExtended14.3%19.9%13.5%14.7%12.2%18.2%1.4dsteady$67k8h/1hspread not incl.VaExcalc
VariationalMEXCCEX14.0%20.4%13.0%14.4%11.9%17.9%1.1dsteady$264kspread not incl.VaMxcalc
VariationalBybitCEX22.5%16.3%13.4%13.9%10.6%15.8%3.0dsteady$264kspread not incl.VaBycalc
VariationalBinanceCEX14.3%20.0%13.0%15.8%10.4%15.7%2.8dsteady$264kspread not incl.VaBncalc
VariationalGateCEX22.7%12.4%10.9%14.4%7.0%10.5%5.0dsteady$264kspread not incl.VaGtcalc
MEXCCEXAster8.7%4.4%5.8%5.4%2.7%4.1%7.5dsteady$405kMxAscalc
MEXCCEXGRVT8.7%4.3%5.8%5.3%2.4%3.7%8.1dsteady$243kMxGrcalc
ExtendedAster8.3%4.8%5.4%5.1%2.0%3.0%8.8dsteady$67k1h/8hExAscalc
LighterAster0.4%0.5%4.0%1.3%1.9%2.9%7.3dweak$187k1h/8hLiAscalc
GateCEXAster0.0%12.4%7.9%5.4%1.9%2.8%11dcooling$405kGtAscalc
ExtendedGRVT8.3%4.7%5.4%5.0%1.7%2.6%9.5dsteady$67k1h/8hExGrcalc
MEXCCEXBitgetCEX8.7%4.3%5.8%3.8%1.7%2.5%10dsteady$10.1MMxBgcalc
LighterGRVT0.4%0.4%4.0%1.2%1.6%2.5%8.2dweak$187k1h/8hLiGrcalc
GateCEXGRVT0.0%12.3%7.9%5.3%1.6%2.4%11dcooling$243kGtGrcalc
MEXCCEXHyperliquid8.7%4.4%4.8%6.8%1.4%2.1%10.0dweak$5.1M8h/1hMxHycalc
BinanceCEXAster8.4%4.7%5.8%4.8%1.1%1.6%11dsteady$405kBnAscalc
ExtendedBitgetCEX8.3%4.7%5.4%3.5%0.9%1.4%12dsteady$67k1h/8hExBgcalc
LighterBitgetCEX0.4%0.4%4.0%−0.2%0.9%1.3%11dweak$187k1h/8hLiBgcalc
GateCEXBitgetCEX0.0%12.3%7.9%3.9%0.8%1.3%13dcooling$9.7MGtBgcalc
BinanceCEXGRVT8.4%4.7%5.8%4.7%0.8%1.2%12dsteady$243kBnGrcalc
MEXCCEXLighter8.2%3.9%1.8%4.1%0.8%1.2%7.9dweak$187k8h/1hMxLicalc
ExtendedHyperliquid8.3%4.8%4.3%6.6%0.6%0.9%12dweak$67kExHycalc
LighterHyperliquid0.4%0.5%2.9%2.8%0.6%0.9%11dweak$187kLiHycalc
GateCEXHyperliquid0.0%12.4%6.8%6.9%0.5%0.8%13dcooling$5.1M8h/1hGtHycalc
BybitCEXAster0.2%8.5%5.4%5.9%0.5%0.7%13dweak$405kByAscalc
BybitCEXGRVT0.2%8.4%5.4%5.8%0.2%0.3%14dweak$243kByGrcalc
ExtendedLighter7.9%4.3%1.4%3.8%0.1%0.1%13dweak$67kExLicalc
BinanceCEXBitgetCEX8.4%4.7%5.8%4.2%0.0%0.1%14dsteady$10.1MBnBgcalc
GateCEXLighter−0.4%11.9%3.9%4.1%0.0%0.0%14dmixed$187k8h/1hGtLicalc
BinanceCEXHyperliquid8.4%4.7%4.7%4.1%−0.2%−0.4%15dweak$5.1M8h/1hBnHycalc
BybitCEXBitgetCEX0.2%8.4%5.4%4.3%−0.6%−0.9%16dweak$10.1MByBgcalc
BinanceCEXLighter7.9%4.2%1.8%3.0%−0.8%−1.2%20dweak$187k8h/1hBnLicalc
BybitCEXHyperliquid0.2%8.5%4.3%7.4%−0.9%−1.3%17dweak$5.1M8h/1hByHycalc
GateCEXMEXCCEX−8.7%8.0%2.0%0.1%−2.9%−4.4%34dweak$9.7MGtMxcalc
BybitCEXLighter−0.2%8.0%1.4%4.6%−1.5%−2.2%29dmixed$187k8h/1hByLicalc
HyperliquidAster0.0%0.0%1.1%−1.5%−3.3%−5.0%57dweak$405k1h/8hHyAscalc
MEXCCEXBybitCEX8.4%−4.1%0.4%−0.5%−3.5%−5.2%125dweak$11.6MMxBycalc
MEXCCEXBinanceCEX0.3%−0.3%0.1%0.0%−3.6%−5.4%949dweak$11.6MMxBncalc
HyperliquidGRVT0.0%−0.1%1.1%−1.6%−3.6%−5.4%61dweak$243k1h/8hHyGrcalc
MEXCCEXExtended0.3%−0.4%0.5%0.3%−1.9%−2.8%68dmixed$67k8h/1hMxExcalc
GateCEXBybitCEX−0.2%3.9%2.5%−0.5%−4.3%−6.4%38dweak$9.7MGtBycalc
HyperliquidBitgetCEX0.0%−0.1%1.1%−3.0%−4.4%−6.6%71dweak$5.1M1h/8hHyBgcalc
GateCEXBinanceCEX−8.4%7.6%2.1%−0.5%−4.4%−6.6%43dweak$9.7MGtBncalc
GRVTAster0.0%0.1%0.0%0.1%−4.4%−6.6%>999dweak$243kGrAscalc
BinanceCEXBybitCEX8.1%−3.7%0.4%−1.4%−5.1%−7.6%200dweak$12.6MBnBycalc
BitgetCEXAster0.0%0.1%0.0%1.6%−5.2%−7.8%>999dweak$405kBgAscalc
GateCEXExtended−8.3%7.5%2.5%0.3%−2.7%−4.0%29dmixed$67k8h/1hGtExcalc
BitgetCEXGRVT0.0%0.0%0.0%1.5%−5.5%−8.2%>999dweak$243kBgGrcalc
BinanceCEXExtended0.0%−0.1%0.4%0.0%−3.5%−5.2%128dmixed$67k8h/1hBnExcalc
BybitCEXExtended−8.1%3.7%0.0%0.8%−4.1%−6.2%>999dmixed$67k8h/1hByExcalc
ExtendedBybitCEX8.1%−3.7%0.0%−0.8%−4.2%−6.3%—mixed$67k1h/8hExBycalc
LighterBybitCEX0.2%−8.0%−1.4%−4.6%−4.3%−6.4%—mixed$187k1h/8hLiBycalc
MEXCCEXGateCEX8.7%−8.0%−2.0%−0.1%−7.0%−10.5%—mixed$9.7MMxGtcalc
ExtendedGateCEX8.3%−7.5%−2.5%−0.3%−7.7%−11.6%—mixed$67k1h/8hExGtcalc
LighterGateCEX0.4%−11.9%−3.9%−4.1%−7.8%−11.7%—mixed$187k1h/8hLiGtcalc
BinanceCEXGateCEX8.4%−7.6%−2.1%0.5%−8.6%−12.9%—mixed$9.7MBnGtcalc
BybitCEXGateCEX0.2%−3.9%−2.5%0.5%−9.3%−13.9%—mixed$9.7MByGtcalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:56 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

Indicative (mark or mid prices): buy on Extended at 0.0696539, sell on Hyperliquid at 0.069806: 0.218% before fees, 0.078% after taker fees.

SEI: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Hyperliquid0.069806Aster0.0698Bitget0.06979Gate0.06978Binance0.06977GRVT0.0697587MEXC0.06975Variational0.0697479Bybit0.06974Lighter0.06973RWA Perp0.06966Extended0.0696539
Extended0.06965390.218%0.210%0.195%0.181%0.167%0.150%0.138%0.135%0.124%0.109%0.009%—
RWA Perp0.069660.209%0.201%0.186%0.172%0.158%0.142%0.129%0.126%0.115%0.100%—−0.009%
Lighter0.069730.109%0.100%0.086%0.072%0.057%0.041%0.029%0.026%0.014%—−0.100%−0.109%
Bybit0.069740.095%0.086%0.072%0.057%0.043%0.027%0.014%0.011%—−0.014%−0.115%−0.124%
Variational0.06974790.083%0.075%0.060%0.046%0.032%0.016%0.003%—−0.011%−0.026%−0.126%−0.135%
MEXC0.069750.080%0.072%0.057%0.043%0.029%0.013%—−0.003%−0.014%−0.029%−0.129%−0.138%
GRVT0.06975870.068%0.059%0.045%0.030%0.016%—−0.013%−0.016%−0.027%−0.041%−0.142%−0.150%
Binance0.069770.052%0.043%0.029%0.014%—−0.016%−0.029%−0.032%−0.043%−0.057%−0.158%−0.167%
Gate0.069780.037%0.029%0.014%—−0.014%−0.030%−0.043%−0.046%−0.057%−0.072%−0.172%−0.181%
Bitget0.069790.023%0.014%—−0.014%−0.029%−0.045%−0.057%−0.060%−0.072%−0.086%−0.186%−0.195%
Aster0.06980.009%—−0.014%−0.029%−0.043%−0.059%−0.072%−0.075%−0.086%−0.100%−0.201%−0.210%
Hyperliquid0.069806—−0.009%−0.023%−0.037%−0.052%−0.068%−0.080%−0.083%−0.095%−0.109%−0.209%−0.218%
All quotes (12)
VenueBidAskQualityAgeVol 24hFlags
Aster0.06980.0698mark4m$93kno FX
BinanceCEX0.069770.06977mark3m$16.7Mno FX
BitgetCEX0.069790.06979mark3m$3.1Mno FX
BybitCEX0.069740.06974mark3m$5.8Mno FX
Extended0.06965390.0696539mark4m$222k
GateCEX0.069780.06978mark3m$327kno FX
GRVT0.06975870.0697587mark4m$389kno FX
Hyperliquid0.0698060.069806mark4m$1.2M
Lighter0.069730.06973mark4m$156k
MEXCCEX0.069750.06975mark4m$9.4Mno FX
RWA Perp0.069660.06966mark4m$29k
Variational0.06974790.0697479mark4m$176k

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.