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 Bitget+0.438%47s7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as 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−$730.728% of the position
Funding, last 7 days−0.467%−$47 on $10k
+Price spread, last 3 days (all we have)−0.449%−$45 · spread now +0.438%, 7d avg −0.062%
=The price spread pays, funding is against you. Coinbase International is 0.500% dearer against Bitget than usual: you sell high and buy low (spread +0.438% now, against its 7-day average of −0.062%): +$50 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SEIUSDT | 0.05934 | 0.0100 | pay 0.0100% / 8h | 2h 16m | $9.3M | $17.2M | 75x |
| Short | Coinbase International SEI-PERP-INTX | 0.05960 | −0.0056 | pay 0.0007% / 1h | 16m 32s | $33K | $209K | 50x |
Bitget SEIUSDT
Coinbase International SEI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bitget. 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: +0.438% → −0.062%
- $49.98
- Slippage, 4 orders
- −$50.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$55.57
- Costs to cover
- 0.728%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Coinbase International: live order book, 6 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 Bitget live order book, 2 min ago | 1.68 bp | 13.0 bp −$13 | 26.3 bp −$263 | 107.3 bp −$10.7K | doesn't fit |
| Sell Coinbase International live order book, 6 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 | 0.05937 | +0.059% | $23K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | −0.0255% | 1h | 0.05937 | +0.051% | $20K | $62K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXshort | −0.0056% | 1h | 0.05960 | +0.438% | $33K | $209K | 50x | |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05938 | +0.072% | $8K | — | 150x | as long as short |
| Variational Omni SEI | +0.0028% | 8h | 0.05933 | −0.014% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05937 | +0.051% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05938 | +0.067% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05941 | +0.115% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05939 | +0.078% | $310K | $371K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05935 | +0.022% | $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 | 0.05929 | −0.084% | $14.0M | $36.3M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05932 | −0.034% | $3.0M | $40.2M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05933 | −0.017% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05935 | +0.017% | $29.5M | $26.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05935 | +0.017% | $7.0M | $14.2M | 75x | as long as short |
| Bitget SEIUSDTlong | +0.0100% | 8h | 0.05934 | long leg | $9.3M | $17.2M | 75x | |
| BingX SEI-USDT | +0.0100% | 8h | 0.05933 | −0.017% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05939 | +0.084% | $119K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05926 | −0.136% | $210K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.101% | $108K | $670K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05945 | +0.185% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05933 | −0.025% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05940 | +0.109% | $377K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05942 | +0.135% | $712K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05932 | −0.034% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05931 | −0.051% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2245% | 1h | 0.05937 | +0.057% | $101K | $2K | 5x | as long as short |
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
BingX SEI-USDT
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