Funding you earn now, next payment 08:00 UTC−0.0223%/8h= −24.5% APRnext payment −$2.23 per $10,000 · paid last 24h −0.031%
Price spread now: Variational Omni against Bybit+0.193%7-day average −0.053% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.464%+$46 · spread now +0.193%, 7d avg −0.053%
=Together, before fees+0.424%+ Points / potential airdropVariational Omni: Active · farm board+$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.246% dearer against Bybit than usual: you sell high and buy low (spread +0.193% now, against its 7-day average of −0.053%): +$25 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 3 days (−0.040% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.040% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.23 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 | 0.05946 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $14.0M | $35.9M | 50x |
| Short | Variational Omni SEI | 0.05957 | −0.0123 | pay 0.0123% / 8h | 6h 09m | $318K | $208K | — |
Bybit SEIUSDT
Variational Omni SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$46.9
- Price spread: +0.193% → −0.053%
- $24.59
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$33.31
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 60 min ago. 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, 5 min ago | 0.84 bp | 14.1 bp −$14 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 60 min ago | 4.17 bp | doesn't fit | 19.2 bp −$192 | doesn't fit | doesn't fit |
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 | 0.05950 | +0.064% | $23K | — | 100x | as long as short |
| Variational Omni SEIshort | −0.0123% | 8h | 0.05957 | +0.193% | $318K | $208K | — | |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05952 | +0.093% | — | — | 150x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05977 | +0.521% | $34K | $207K | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05952 | +0.101% | $270K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05953 | +0.121% | $3.4M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05955 | +0.156% | $312K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05952 | +0.099% | $14.3M | $128.6M | 75x | as long as short |
| Bybit SEIUSDTlong | +0.0100% | 8h | 0.05946 | long leg | $14.0M | $35.9M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05949 | +0.050% | $3.2M | $39.7M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
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 | 0.05948 | +0.034% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05948 | +0.034% | $34.4M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05950 | +0.067% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05949 | +0.050% | $9.4M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05948 | +0.034% | — | $31.5M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05965 | +0.320% | $202K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | +0.235% | $109K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05951 | +0.084% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05958 | +0.202% | $22K | $4.4M | 30x | as long as short |
| Backpack SEI_USDC_PERP | +0.0103% | 1h | 0.05951 | +0.084% | $118K | $572K | 10x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05950 | +0.067% | $79K | $546K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05949 | +0.046% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0377% | 1h | 0.05953 | +0.115% | $375K | $1.6M | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0424% | 1h | 0.05939 | −0.118% | $10K | $72K | 25x | as long as short |
| dYdX SEI-USD | +0.0750% | 1h | 0.05950 | +0.066% | $102K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05943 | −0.050% | $9K | $43K | 12x | as long as short |
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
Backpack SEI_USDC_PERP
Extended SEI-USD
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
Deribit SEI_USDC-PERPETUAL
dYdX SEI-USD
Injective SEI/USDC PERP