Settings8H · net · $10k
Funding arb · Price arb /

SEI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0232%/8h= −25.4% APRnext payment $2.32 per $10,000 · paid last 24h −0.031%
Price spread now: Variational Omni against BingX+0.060%7-day average −0.091% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.040%−$4 on $10k
Price spread, last 4 days (all we have)+0.554%+$55 · spread now +0.060%, 7d avg −0.091%
Together, before fees+0.514%+ Points / potential airdropVariational Omni: Active · farm board+$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.152% dearer against BingX than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of −0.091%): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 3 days (−0.040% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.040% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SEI-USDT0.059310.0100pay 0.0100% / 8h6h 33m$31.6M
ShortVariational Omni SEI0.05935−0.0132pay 0.0132% / 8h6h 33m$317K$208K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$48.69
Price spread: +0.060% → −0.091%
$15.18
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$43.51
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 10 min ago; Variational Omni: RFQ quote, 36 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago1.68 bp12.0 bp −$1223.9 bp −$23978.9 bp −$7,892409.3 bp −$204.7K
Sell Variational Omni RFQ quote, 36 min ago4.17 bpdoesn't fit19.2 bp −$192doesn't fitdoesn't fit

SEI on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SEI/USD [ETH-USDC]L −0.0815% / S +0.0444%1h0.05931+0.005%$23K100xas long as short
Variational Omni SEIshort−0.0132%8h0.05935+0.060%$317K$208K
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05930−0.009%$11K150xas long as short
Coinbase International SEI-PERP-INTX+0.0048%1h0.05948+0.287%$34K$206K50xas long as short
Lighter SEI+0.0096%1h0.059310.000%$269K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.05934+0.057%$3.4M$6.3M5xas long as short
Aster SEIUSDT+0.0100%8h0.05926−0.080%$310K$355K20xas long as short
Binance SEIUSDT+0.0100%8h0.05931+0.005%$14.1M$129.5M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05922−0.152%$14.0M$36.3M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05929−0.034%$3.1M$39.9M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05928−0.051%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05929−0.034%$34.5M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05929−0.034%$6.3M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05928−0.051%$9.4M$16.9M75xas long as short
BingX SEI-USDTlong+0.0100%8h0.05931long leg$31.6M
Backpack SEI_USDC_PERP+0.0100%1h0.05946+0.253%$118K$572K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05943+0.201%$201K$1.6M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940+0.152%$108K$674K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05940+0.152%$2K$104K20xas long as short
SunX SEI-USDT+0.0100%8h0.05945+0.236%$22K$4.5M30xas long as short
Extended SEI-USD+0.0104%1h0.05924−0.115%$75K$540K25xas long as short
Deribit SEI_USDC-PERPETUAL+0.0255%1h0.05943+0.202%$10K$72K25xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05929−0.041%$11320xas long as short
Kraken Futures PF_SEIUSD+0.0377%1h0.05941+0.169%$370K$1.6M50xas long as short
dYdX SEI-USD+0.0517%1h0.05930−0.024%$101K$2K5xas long as short
Injective SEI/USDC PERP+0.0844%1h0.05933+0.034%$9K$43K12xas long as short