Funding you earn now, next payment 23:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h −0.071%
Price spread now: Coinbase International against Bybit−0.084%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days−0.457%−$46 on $10k
+Price spread, last 3 days (all we have)−0.129%−$13 · spread now −0.084%, 7d avg −0.009%
=Funding pays, the price is against you. Coinbase International is 0.076% cheaper against Bybit than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of −0.009%). If the spread goes back, that is −$8 on $10k: about 27 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.457%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SEIUSDT | 0.05928 | 0.0100 | pay 0.0100% / 8h | 31m 34s | $14.0M | $36.0M | 50x |
| Short | Coinbase International SEI-PERP-INTX | 0.05923 | 0.0328 | get 0.0041% / 1h | 31m 34s | $33K | $207K | 50x |
Bybit SEIUSDT
Coinbase International SEI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $47.88
- Price spread: −0.084% → −0.009%
- −$7.57
- Slippage, 4 orders
- −$50.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$30.89
- Costs to cover
- 0.712%
- Break-even
- 11.5 days
Slippage from Bybit: live order book, 2 min ago; Coinbase International: live order book, 46 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, 2 min ago | 0.84 bp | 11.5 bp −$12 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 46 min ago | 11.90 bp | 30.2 bp −$30 | 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 | 0.05938 | +0.170% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0038% | 8h | 0.05923 | −0.087% | $317K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05939 | +0.186% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05939 | +0.186% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05937 | +0.152% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05938 | +0.169% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05942 | +0.228% | $3.5M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05936 | +0.132% | $310K | $363K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05936 | +0.135% | $14.1M | $126.2M | 75x | as long as short |
| Bybit SEIUSDTlong | +0.0100% | 8h | 0.05928 | long leg | $14.0M | $36.0M | 50x |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05932 | +0.067% | $3.1M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05935 | +0.118% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05935 | +0.118% | $35.1M | $26.2M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05934 | +0.101% | $6.2M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05935 | +0.118% | $9.3M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05933 | +0.084% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05940 | +0.202% | $117K | $564K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05939 | +0.192% | $203K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.202% | $108K | $673K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05951 | +0.388% | $23K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05934 | +0.105% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05941 | +0.219% | $708K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0323% | 1h | 0.05939 | +0.184% | $369K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTXshort | +0.0328% | 1h | 0.05923 | −0.084% | $33K | $207K | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05935 | +0.110% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05925 | −0.051% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.2509% | 1h | 0.05934 | +0.102% | $101K | $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
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD