Funding you earn now, next payment 21:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.075%
Price spread now: Coinbase International against BingX+0.523%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$720.717% of the position
Funding, last 7 days−0.533%−$53 on $10k
+Price spread, last 3 days (all we have)−0.544%−$54 · spread now +0.523%, 7d avg −0.061%
=The price spread pays, funding is against you. Coinbase International is 0.584% dearer against BingX than usual: you sell high and buy low (spread +0.523% now, against its 7-day average of −0.061%): +$58 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SEI-USDT | 0.05929 | 0.0100 | pay 0.0100% / 8h | 2h 14m | — | $32.9M | — |
| Short | Coinbase International SEI-PERP-INTX | 0.05960 | −0.0056 | pay 0.0007% / 1h | 14m 58s | $33K | $209K | 50x |
BingX SEI-USDT
Coinbase International SEI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$32.76
- Price spread: +0.523% → −0.061%
- $58.36
- Slippage, 4 orders
- −$51.65
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$46.06
- Costs to cover
- 0.717%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Coinbase International: live order book, 8 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, 9 min ago | 2.52 bp | 10.4 bp −$10 | 20.5 bp −$205 | 66.5 bp −$6,650 | 360.7 bp −$180.4K |
| Sell Coinbase International live order book, 8 min ago | 15.98 bp | 24.0 bp −$24 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05935 | +0.105% | $23K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | −0.0255% | 1h | 0.05934 | +0.084% | $20K | $62K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXshort | −0.0056% | 1h | 0.05960 | +0.523% | $33K | $209K | 50x | |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05935 | +0.106% | $8K | — | 150x | as long as short |
| Variational Omni SEI | +0.0024% | 8h | 0.05927 | −0.030% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05936 | +0.118% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05934 | +0.084% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05939 | +0.162% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05937 | +0.142% | $310K | $371K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05932 | +0.051% | $13.8M | $127.3M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
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 | 0.05926 | −0.051% | $14.0M | $36.3M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05928 | −0.017% | $3.0M | $40.2M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05930 | +0.017% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05933 | +0.067% | $29.4M | $26.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05933 | +0.067% | $6.9M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05934 | +0.084% | $9.3M | $17.2M | 75x | as long as short |
| BingX SEI-USDTlong | +0.0100% | 8h | 0.05929 | long leg | — | $32.9M | — | |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05935 | +0.101% | $119K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05934 | +0.084% | $210K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | +0.017% | $108K | $669K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05943 | +0.236% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05930 | +0.015% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05935 | +0.107% | $377K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05934 | +0.084% | $711K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05932 | +0.054% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05929 | 0.000% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2243% | 1h | 0.05937 | +0.142% | $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
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD