Funding you earn now, next payment 08:00 UTC+0.0188%/8h= +20.6% APRnext payment +$1.88 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bybit+0.116%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$480.485% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.116%, 7d avg +0.069%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.047% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.069%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.88 per $10,000. 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 | Bybit SEIUSDT | 0.06015 | 0.0032 | pay 0.0032% / 8h | 4h 01m | $14.4M | $36.3M | 50x |
| Short | BloFin SEI-USDT | 0.06022 | 0.0220 | get 0.0220% / 8h | 4h 01m | $767K | $1.3M | 75x |
Bybit SEIUSDT
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $39.46
- Price spread: +0.116% → +0.069%
- $4.69
- Slippage, 4 orders
- −$25.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$4.33
- Costs to cover
- 0.485%
- Break-even
- 7.8 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 1 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 Bybit live order book, 3 min ago | 0.83 bp | 13.8 bp −$14 | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 3.32 bp | 9.7 bp −$10 | 19.8 bp −$198 | 67.6 bp −$6,755 | 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 | −0.0205% | 8h | 0.06023 | +0.132% | $321K | $187K | — | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0032% | 1h | 0.06027 | +0.200% | $43K | $218K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06025 | +0.166% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06019 | +0.067% | $10K | $72K | 25x | as long as short |
| Bybit SEIUSDTlong | +0.0032% | 8h | 0.06015 | long leg | $14.4M | $36.3M | 50x | |
| GMX SEI/USD [ETH-USDC] | L +0.0041% / S +0.0105% | 1h | 0.06024 | +0.143% | $6K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06022 | +0.116% | $269K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06024 | +0.143% | $3.5M | $5.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06021 | +0.098% | $315K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06020 | +0.088% | $14.8M | $130.5M | 75x | as long as short |
Variational Omni SEI
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06019 | +0.067% | $3.4M | $40.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06020 | +0.083% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06020 | +0.083% | $35.0M | $28.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06021 | +0.100% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06022 | +0.116% | $9.9M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06020 | +0.083% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06023 | +0.133% | $106K | $623K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06031 | +0.264% | $204K | $2.0M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06040 | +0.416% | $109K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06019 | +0.067% | $2K | $55K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06040 | +0.416% | $22K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06019 | +0.059% | $76K | $551K | 25x | as long as short |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.06022 | +0.116% | $767K | $1.3M | 75x | |
| Injective SEI/USDC PERP | +0.0267% | 1h | 0.06030 | +0.249% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0314% | 1h | 0.06022 | +0.113% | $371K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06029 | +0.237% | $115 | — | 20x | as long as short |
| dYdX SEI-USD | +0.1105% | 1h | 0.06022 | +0.116% | $103K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
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
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
dYdX SEI-USD