Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.070%
Price spread now: Bitget against Coinbase International−0.234%47s7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1531.525% of the position
Funding, last 7 days+0.465%+$46 on $10k
+Price spread, last 3 days (all we have)+0.227%+$23 · spread now −0.234%, 7d avg +0.046%
=Funding pays, the price is against you. Bitget is 0.280% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.234% now, against its 7-day average of +0.046%). If the spread goes back, that is −$28 on $10k: about 18 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.465% in total) that is about 4.2 days. The two prices were read 47 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 | Coinbase International SEI-PERP-INTX | 0.05977 | 0.0048 | pay 0.0006% / 1h | 10m 33s | $34K | $207K | 50x |
| Short | Bitget SEIUSDT | 0.05963 | 0.0100 | get 0.0100% / 8h | 6h 10m | $9.5M | $16.6M | 75x |
Coinbase International SEI-PERP-INTX
Bitget SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $10.92
- Price spread: −0.234% → +0.046%
- −$28.03
- Slippage, 4 orders
- −$130.51
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$169.62
- Costs to cover
- 1.525%
- Break-even
- 115.7 days
Slippage from Coinbase International: live order book, 57 min ago; Bitget: live order book, 3 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, 57 min ago | 14.16 bp | 63.9 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 1.68 bp | 15.7 bp −$16 | 41.2 bp −$412 | 146.1 bp −$14.6K | 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 | 0.05962 | −0.256% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0123% | 8h | 0.05957 | −0.327% | $318K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05961 | −0.260% | — | — | 150x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0048% | 1h | 0.05977 | long leg | $34K | $207K | 50x | |
| Lighter SEI | +0.0096% | 1h | 0.05965 | −0.201% | $271K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05965 | −0.196% | $3.4M | $6.1M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05965 | −0.199% | $312K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05964 | −0.220% | $14.3M | $128.6M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05958 | −0.318% | $14.1M | $35.9M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05960 | −0.284% | $3.2M | $39.8M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit 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 | 0.05962 | −0.251% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05963 | −0.234% | $34.6M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05963 | −0.234% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDTshort | +0.0100% | 8h | 0.05963 | −0.234% | $9.5M | $16.6M | 75x | |
| BingX SEI-USDT | +0.0100% | 8h | 0.05962 | −0.251% | — | $31.5M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05969 | −0.134% | $118K | $571K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05964 | −0.218% | $202K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | −0.284% | $109K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05967 | −0.167% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05970 | −0.117% | $23K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05961 | −0.268% | $79K | $546K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0253% | 1h | 0.05969 | −0.134% | $10K | $72K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05961 | −0.268% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0376% | 1h | 0.05969 | −0.130% | $376K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0734% | 1h | 0.05960 | −0.278% | $102K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05956 | −0.351% | $9K | $43K | 12x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Deribit SEI_USDC-PERPETUAL
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD
Injective SEI/USDC PERP