Funding you earn now, next payment 02:00 UTC+0.0744%/8h= +81.5% APRpaid last 24h −0.042%
Price spread now: Injective against Bybit−0.269%98s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.959%−$196 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.269% cheaper against Bybit than usual: you would sell low and buy high (spread −0.269% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 29 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 7 days funding on this pair cost −1.959%, so the current rate has only just turned in your favour. The two prices were read 98 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 | Bybit SEIUSDT | 0.05959 | 0.0100 | pay 0.0100% / 8h | 6h 07m | $14.1M | $35.8M | 50x |
| Short | Injective SEI/USDC PERP | 0.05943 | 0.0844 | get 0.0106% / 1h | 7m 43s | $9K | $43K | 12x |
Bybit SEIUSDT
Injective SEI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $156.3
- Price spread: −0.269% → 0.000%
- −$26.85
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $118.43
- Costs to cover
- 0.110%
- Break-even
- 1.7 days
Slippage unknown: Bybit: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.
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, 1 min ago | 0.84 bp | 12.3 bp −$12 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SEI on 26 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 −0.0815% / S +0.0444% | 1h | 0.05963 | +0.065% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0123% | 8h | 0.05957 | −0.026% | $318K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05963 | +0.060% | — | — | 150x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05977 | +0.302% | $34K | $207K | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05969 | +0.168% | $271K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05969 | +0.161% | $3.4M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05965 | +0.104% | $312K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05967 | +0.130% | $14.3M | $128.3M | 75x | as long as short |
| Bybit SEIUSDTlong | +0.0100% | 8h | 0.05959 | long leg | $14.1M | $35.8M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05962 | +0.050% | $3.2M | $39.7M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Coinbase International SEI-PERP-INTX
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.05963 | +0.067% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05963 | +0.067% | $34.5M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05967 | +0.134% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05967 | +0.134% | $9.5M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05964 | +0.084% | — | $31.3M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05965 | +0.101% | $202K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | +0.017% | $109K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05965 | +0.101% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05970 | +0.185% | $23K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05967 | +0.137% | $79K | $544K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0108% | 1h | 0.05969 | +0.168% | $118K | $569K | 10x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0253% | 1h | 0.05966 | +0.117% | $10K | $72K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05961 | +0.037% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0376% | 1h | 0.05964 | +0.091% | $375K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0763% | 1h | 0.05962 | +0.049% | $102K | $2K | 5x | as long as short |
| Injective SEI/USDC PERPshort | +0.0844% | 1h | 0.05943 | −0.269% | $9K | $43K | 12x |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
Deribit SEI_USDC-PERPETUAL
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD