Sei perpetual futures
SEI perpetual contracts on 9 reviewed venues.
PerpFinder may earn a commission from this link. You can lose all your money on perp trades. Details
Funding rates
Annualized rates across exchanges
dYdXDEX
BybitCEX
OKXCEX
BitgetCEX
Gate.ioCEX
Open interest
Per-exchange open interest
BybitBitget
KuCoinGate.io
HyperliquidOKXWhat the SEI data shows
Funding direction differs by venue: longs pay on dYdX, Kraken, and 14 more; longs receive on Deribit and KuCoin. The rates run from +49.10% a year on dYdX to -13.58% on KuCoin.
No venue holds half of the $47.2m in reported SEI open interest. Bybit has the largest share, 29.9%, and Bitget is next with 22.3%.
The SEI settlement periods differ: 10 venues settle every 8 hours; 4 venues settle every hour; OKX settles every 4 hours.
dYdX quoted SEI at $0.0699 and BloFin at $0.0699, a gap of 11.8 bps.
- Source: public APIs of 18 venues for SEI, read at October 3, 2026, 07:52 UTC.
Where to Trade Sei Perpetual Futures
Fees and leverage limits apply venue-wide; confirm SEI limits with the venue.
Sei market overview
SEI perps trade as the fastest-settlement Layer 1 narrative in derivatives form. Sei Network built an order-book-optimized blockchain with sub-500ms finality, targeting DeFi trading applications. The asset launched with significant airdrop distribution in 2023 and has since positioned itself more broadly as an EVM-compatible high-performance chain.
Venue overview and liquidity distribution
The SEI perp market spans Binance, Bybit, OKX, and Hyperliquid, with CEX venues holding the majority of OI and Binance and Bybit serving as the primary execution surfaces. Coinalyze's SEI data shows OI that closely tracks broader altcoin market cycles, with SEI frequently moving in line with other exchange-focused or high-throughput chain tokens.
Funding behavior and the exchange-chain narrative
SEI's funding is driven partly by the exchange-optimized L1 narrative and partly by its EVM compatibility expansion. SEI trades with the other high-throughput chain tokens during a layer-1 rotation. It moves on its own when Sei ships an ecosystem announcement.
The DeFi ecosystem on SEI is still in early development relative to more established chains. DefiLlama's SEI chain page tracks TVL, which remains modest compared to Arbitrum or Solana.
This gap between market cap and on-chain adoption means SEI's price is primarily driven by forward expectations rather than current protocol revenue, making it susceptible to sharp corrections when narrative momentum fades.
Airdrop distribution and selling pressure
SEI's airdrop distribution in August 2023 put tokens in the hands of a large number of wallets with low cost basis. This created sustained selling pressure during early listing periods.
While the initial distribution overhang has largely cleared, ongoing vesting from team and investor allocations continues. SEI moves on discrete catalysts such as a TVL milestone or a partnership announcement.
Use the funding rates tool to check SEI's current positioning. Compare fee costs across venues at the cost comparison tool.
Frequently Asked Questions — Sei
What funding data is available for SEI?
18 venues report an SEI funding rate in this read.
An annualized SEI rate extrapolates one reading and does not predict a return.
What open interest data is available for SEI?
14 venues report positive SEI open interest in this read.
The SEI total leaves out venues outside the read.
Which mapped venue has the lowest recorded SEI taker fee?
DESK lists 0.017% and SynFutures lists 0.020%, the two lowest of 8 mapped SEI maker/taker schedules.
1 SEI venue charges a position fee and is not compared.
Category: Layer 1