Funding you earn now, next payment 23:00 UTC+0.2557%/8h= +279.9% APRnext payment +$3.20 per $10,000 · paid last 24h +0.461%
Price spread now: dYdX against ApeX Omni+0.038%110s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$4054.048% of the position
Funding, last 7 days+1.488%+$149 on $10k
+Price spread, last 3 days (all we have)−0.192%−$19 · spread now +0.038%, 7d avg +0.003%
=Both sides work for this trade now. Funding pays +$77 a day on $10k at the current rate, and dYdX is 0.035% dearer against ApeX Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.003%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.488% in total (about 77.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.20 per $10,000. 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 | ApeX Omni SEIUSDT | 0.05870 | 0.0100 | pay 0.0013% / 1h | 9m 45s | $107K | $664K | 50x |
| Short | dYdX SEI-USD | 0.05872 | 0.2657 | get 0.0332% / 1h | 9m 45s | $100K | $2K | 5x |
ApeX Omni SEIUSDT
dYdX SEI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against ApeX 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
- $536.87
- Price spread: +0.038% → +0.003%
- $3.54
- Slippage, 4 orders
- −$384.75
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $135.67
- Costs to cover
- 4.047%
- Break-even
- 5.2 days
Slippage from ApeX Omni: live order book, 8 min ago; dYdX: live order book, 9 min ago.
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 ApeX Omni live order book, 8 min ago | 25.53 bp | 37.0 bp −$37 | 154.5 bp −$1,545 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 9 min ago | 158.65 bp | 163.7 bp −$164 | 340.7 bp −$3,407 | 549.2 bp −$54.9K | 987.7 bp −$493.9K |
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 −0.0802% / S +0.0440% | 1h | 0.05869 | −0.015% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05870 | +0.006% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05872 | +0.034% | $19K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0003% | 8h | 0.05869 | −0.022% | $310K | $232K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05876 | +0.102% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05872 | +0.034% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05876 | +0.099% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05875 | +0.089% | $307K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05874 | +0.062% | $13.6M | $125.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05871 | +0.017% | $13.8M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05873 | +0.051% | $3.0M | $39.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05870 | 0.000% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05876 | +0.102% | $28.6M | $26.1M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05872 | +0.034% | $6.6M | $14.1M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05876 | +0.102% | $9.2M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05870 | 0.000% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05876 | +0.102% | $118K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05874 | +0.070% | $208K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDTlong | +0.0100% | 1h | 0.05870 | long leg | $107K | $664K | 50x | |
| SunX SEI-USDT | +0.0100% | 8h | 0.05877 | +0.119% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05870 | −0.003% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0190% | 1h | 0.05875 | +0.084% | $371K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05885 | +0.256% | $33K | $207K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05877 | +0.119% | $697K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05867 | −0.056% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05871 | +0.017% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USDshort | +0.2657% | 1h | 0.05872 | +0.038% | $100K | $2K | 5x |
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
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP