Funding you earn now, next payment 06:00 UTC−0.0262%/8h= −28.7% APRpaid last 24h −0.022%
Price spread now: Hyperliquid against BloFin+0.034%67s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as 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−$480.479% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.034%, 7d avg +0.018%
=Together, before fees−0.072%+ Points / potential airdropHyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SEI-USDT | 0.05930 | 0.0362 | pay 0.0362% / 8h | 2h 43m | $734K | $1.4M | 75x |
| Short | Hyperliquid SEI | 0.05932 | 0.0100 | get 0.0013% / 1h | 43m 54s | $3.4M | $5.0M | 5x |
BloFin SEI-USDT
Hyperliquid SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- −$55.02
- Price spread: +0.034% → +0.018%
- $1.6
- Slippage, 4 orders
- −$26.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$101.31
- Costs to cover
- 0.479%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; Hyperliquid: 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 BloFin live order book, 4 min ago | 3.36 bp | 12.4 bp −$12 | 26.2 bp −$262 | 85.5 bp −$8,548 | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.84 bp | 9.3 bp −$9 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0185% | 8h | 0.05926 | −0.060% | $318K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05931 | +0.009% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0010% / S +0.0035% | 1h | 0.05929 | −0.019% | $3K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0087% | 1h | 0.05933 | +0.051% | $375 | $72K | 25x | as long as short |
| Bybit SEIUSDT | +0.0090% | 8h | 0.05921 | −0.152% | $14.0M | $34.5M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05934 | +0.067% | $269K | $1.1M | 10x | as long as short |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.05932 | +0.034% | $3.4M | $5.0M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05931 | +0.018% | $310K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05928 | −0.039% | $14.3M | $127.1M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05926 | −0.067% | $3.4M | $37.0M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
Bybit SEIUSDT
Lighter SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.05930 | 0.000% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05927 | −0.051% | $34.1M | $27.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05928 | −0.034% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05929 | −0.017% | $9.8M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05930 | 0.000% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05934 | +0.067% | $104K | $641K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05942 | +0.202% | $208K | $2.2M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | +0.337% | $101K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05931 | +0.017% | $2K | $91K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05942 | +0.202% | $22K | $4.0M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05926 | −0.069% | $78K | $565K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05970 | +0.675% | $42K | $225K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05934 | +0.060% | $113 | — | 20x | as long as short |
| BloFin SEI-USDTlong | +0.0362% | 8h | 0.05930 | long leg | $734K | $1.4M | 75x | |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05946 | +0.270% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0543% | 1h | 0.05932 | +0.034% | $368K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1347% | 1h | 0.05937 | +0.123% | $101K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD