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: Bitget against BloFin−0.169%95s7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$500.497% of the position
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 3 days (all we have)+0.127%+$13 · spread now −0.169%, 7d avg −0.026%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.143% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.026%). Swap the legs. The two prices were read 95 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 | BloFin SEI-USDT | 0.05927 | 0.0220 | pay 0.0220% / 8h | 2h 39m | $718K | $1.3M | 75x |
| Short | Bitget SEIUSDT | 0.05917 | 0.0100 | get 0.0100% / 8h | 2h 39m | $9.3M | $17.3M | 75x |
BloFin SEI-USDT
Bitget SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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: −0.169% → −0.026%
- −$14.26
- Slippage, 4 orders
- −$25.71
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$89.18
- Costs to cover
- 0.497%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Bitget: live order book, 4 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 BloFin live order book, 3 min ago | 1.68 bp | 9.3 bp −$9 | 14.5 bp −$145 | 62.3 bp −$6,234 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.84 bp | 10.5 bp −$10 | 23.8 bp −$238 | 99.2 bp −$9,920 | 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 | 0.05925 | −0.030% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.557% | $33K | $210K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05926 | −0.009% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05926 | −0.017% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0037% | 8h | 0.05919 | −0.134% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05923 | −0.067% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05925 | −0.034% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05926 | −0.008% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05927 | +0.008% | $310K | $382K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05917 | −0.161% | $13.8M | $128.4M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
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 | 0.05911 | −0.270% | $13.9M | $36.6M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05911 | −0.270% | $3.0M | $40.2M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05920 | −0.118% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05917 | −0.169% | $29.5M | $26.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05925 | −0.034% | $7.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDTshort | +0.0100% | 8h | 0.05917 | −0.169% | $9.3M | $17.3M | 75x | |
| BingX SEI-USDT | +0.0100% | 8h | 0.05914 | −0.219% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05927 | 0.000% | $118K | $566K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05934 | +0.118% | $208K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.219% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05934 | +0.118% | $23K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05913 | −0.240% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0214% | 1h | 0.05926 | −0.025% | $376K | $1.7M | 50x | as long as short |
| BloFin SEI-USDTlong | +0.0220% | 8h | 0.05927 | long leg | $718K | $1.3M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05923 | −0.061% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05952 | +0.422% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.1895% | 1h | 0.05919 | −0.132% | $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
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD