Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against BingX0.000%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$470.475% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 3 days (all we have)+0.042%+$4 · spread now 0.000%, 7d avg +0.028%
=Funding pays, the price is against you. BloFin is 0.028% cheaper against BingX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.028%). If the spread goes back, that is −$3 on $10k: about 19 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.027% in total) that is about 7.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SEI-USDT | 0.05930 | 0.0100 | pay 0.0100% / 8h | 2h 50m | — | $32.9M | — |
| Short | BloFin SEI-USDT | 0.05930 | 0.0220 | get 0.0220% / 8h | 2h 50m | $720K | $1.3M | 75x |
BingX SEI-USDT
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $25.2
- Price spread: 0.000% → +0.028%
- −$2.81
- Slippage, 4 orders
- −$25.45
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.06
- Costs to cover
- 0.475%
- Break-even
- 14.0 days
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 2 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 BingX live order book, 3 min ago | 1.68 bp | 10.4 bp −$10 | 23.3 bp −$233 | 85.3 bp −$8,532 | 392.6 bp −$196.3K |
| Sell BloFin live order book, 2 min ago | 5.05 bp | 13.7 bp −$14 | 25.1 bp −$251 | 68.4 bp −$6,844 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05929 | −0.010% | $23K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | −0.0087% | 1h | 0.05929 | −0.017% | $20K | $62K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.506% | $33K | $218K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05931 | +0.011% | $8K | — | 150x | as long as short |
| Variational Omni SEI | +0.0056% | 8h | 0.05924 | −0.109% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05936 | +0.101% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05929 | −0.017% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05935 | +0.088% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05934 | +0.066% | $311K | $382K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05931 | +0.017% | $14.0M | $128.7M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05928 | −0.034% | $13.9M | $36.6M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05932 | +0.034% | $3.0M | $40.5M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05929 | −0.017% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05932 | +0.034% | $29.7M | $26.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05935 | +0.084% | $7.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05930 | 0.000% | $9.3M | $17.3M | 75x | as long as short |
| BingX SEI-USDTlong | +0.0100% | 8h | 0.05930 | long leg | — | $32.9M | — | |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05929 | −0.017% | $118K | $570K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05960 | +0.506% | $206K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.169% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05937 | +0.118% | $23K | $4.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05931 | +0.017% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0214% | 1h | 0.05927 | −0.057% | $374K | $1.7M | 50x | as long as short |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.05930 | 0.000% | $720K | $1.3M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05929 | −0.014% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05964 | +0.573% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2101% | 1h | 0.05935 | +0.076% | $101K | $2K | 5x | as long as short |
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD