Funding you earn now, next payment 02:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.104%
Price spread now: BloFin against Coinbase International+0.920%58s7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as 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−$1551.550% of the position
Funding, last 7 days+0.572%+$57 on $10k
+Price spread, last 4 days (all we have)−0.878%−$88 · spread now +0.920%, 7d avg +0.078%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.842% dearer against Coinbase International than usual: you sell high and buy low: +$84 more if the spread goes back to its 7-day average of +0.078%. The two prices were read 58 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 | 0.0128 | pay 0.0016% / 1h | 41m 37s | $34K | $207K | 50x |
| Short | BloFin SEI-USDT | 0.06032 | 0.0220 | get 0.0220% / 8h | 5h 41m | $737K | $1.2M | 75x |
Coinbase International SEI-PERP-INTX
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $19.32
- Price spread: +0.920% → +0.078%
- $84.23
- Slippage, 4 orders
- −$132.98
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.43
- Costs to cover
- 1.550%
- Break-even
- 25.6 days
Slippage from Coinbase International: live order book, 21 min ago; BloFin: live order book, 71 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, 21 min ago | 18.40 bp | 71.4 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 71 min ago | 2.51 bp | 11.4 bp −$11 | 24.9 bp −$249 | 89.6 bp −$8,958 | 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 −0.0815% / S +0.0444% | 1h | 0.06038 | +1.021% | $24K | — | 100x | as long as short |
| Variational Omni SEI | −0.0112% | 8h | 0.05981 | +0.075% | $320K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06040 | +1.062% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0081% | 1h | 0.06049 | +1.205% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06049 | +1.205% | $275K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06039 | +1.046% | $3.5M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06042 | +1.092% | $316K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06054 | +1.288% | $14.6M | $128.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06050 | +1.221% | $14.5M | $35.8M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06048 | +1.188% | $3.3M | $39.9M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06049 | +1.205% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06051 | +1.238% | $35.0M | $27.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06043 | +1.104% | $6.4M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06057 | +1.338% | $9.6M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06056 | +1.322% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06053 | +1.272% | $120K | $593K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06030 | +0.886% | $205K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06030 | +0.887% | $110K | $665K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06047 | +1.171% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06047 | +1.171% | $23K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06058 | +1.350% | $78K | $546K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0128% | 1h | 0.05977 | long leg | $34K | $207K | 50x | |
| Injective SEI/USDC PERP | +0.0156% | 1h | 0.06020 | +0.719% | $9K | $43K | 12x | as long as short |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.06032 | +0.920% | $737K | $1.2M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06041 | +1.066% | $115 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0470% | 1h | 0.06054 | +1.294% | $382K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1166% | 1h | 0.06042 | +1.094% | $103K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Injective SEI/USDC PERP
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD