Funding you earn now, next payment 23:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h +0.071%
Price spread now: BingX against Coinbase International+0.253%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$620.622% of the position
Funding, last 7 days+0.528%+$53 on $10k
+Price spread, last 3 days (all we have)−0.014%−$1 · spread now +0.253%, 7d avg +0.044%
=The price spread pays, funding is against you. BingX is 0.209% dearer against Coinbase International than usual: you sell high and buy low (spread +0.253% now, against its 7-day average of +0.044%): +$21 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.528%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SEI-PERP-INTX | 0.05922 | 0.0328 | pay 0.0041% / 1h | 9m 44s | $33K | $207K | 50x |
| Short | BingX SEI-USDT | 0.05937 | 0.0100 | get 0.0100% / 8h | 9m 44s | — | $33.2M | — |
Coinbase International SEI-PERP-INTX
BingX SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Coinbase International. 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: +0.253% → +0.044%
- $20.91
- Slippage, 4 orders
- −$42.21
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$89.18
- Costs to cover
- 0.622%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; BingX: live order book, 4 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 Coinbase International live order book, 3 min ago | 8.45 bp | 21.3 bp −$21 | 215.3 bp −$2,153 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.69 bp | 6.7 bp −$7 | 11.3 bp −$113 | 43.6 bp −$4,357 | 328.4 bp −$164.2K |
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 | 0.05923 | +0.022% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0082% | 8h | 0.05910 | −0.209% | $316K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05924 | +0.034% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05926 | +0.068% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05941 | +0.321% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05926 | +0.068% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05942 | +0.334% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05938 | +0.269% | $310K | $363K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05932 | +0.165% | $14.1M | $126.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05919 | −0.051% | $13.9M | $36.0M | 50x | as long as short |
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 SEIUSDT
Bybit 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 | 0.05920 | −0.034% | $3.1M | $39.8M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05936 | +0.236% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05928 | +0.101% | $35.3M | $26.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05936 | +0.236% | $6.2M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05937 | +0.253% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDTshort | +0.0100% | 8h | 0.05937 | +0.253% | — | $33.2M | — | |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05936 | +0.236% | $116K | $565K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05917 | −0.079% | $202K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | −0.034% | $108K | $673K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05932 | +0.169% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05938 | +0.272% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05921 | −0.017% | $715K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0324% | 1h | 0.05927 | +0.077% | $368K | $1.5M | 50x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0328% | 1h | 0.05922 | long leg | $33K | $207K | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05923 | +0.023% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05903 | −0.321% | $8K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1957% | 1h | 0.05931 | +0.153% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
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