Funding you earn now, next payment 05:00 UTC+0.1248%/8h= +136.7% APRnext payment +$1.56 per $10,000 · paid last 24h +0.547%
Price spread now: dYdX against Coinbase International−0.032%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$283as in the Funding arb table
Net, price: spread back to 7d avg − costs−$511as in the Price arb table
costs, in and out, $10k−$5035.030% of the position
Funding, last 7 days+2.200%+$220 on $10k
+Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.032%, 7d avg +0.046%
=Funding pays, the price is against you. dYdX is 0.078% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.046%). If the spread goes back, that is −$8 on $10k: about 5 hours of funding at the current rate (+$37 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SEI-PERP-INTX | 0.05920 | 0.0280 | pay 0.0035% / 1h | 38m 38s | $42K | $224K | 50x |
| Short | dYdX SEI-USD | 0.05918 | 0.1528 | get 0.0191% / 1h | 38m 38s | $101K | $2K | 5x |
Coinbase International SEI-PERP-INTX
dYdX SEI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $262.07
- Price spread: −0.032% → +0.046%
- −$7.83
- Slippage, 4 orders
- −$482.99
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$248.75
- Costs to cover
- 5.030%
- Break-even
- 13.6 days
Slippage from Coinbase International: live order book, 9 min ago; dYdX: live order book, 10 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, 9 min ago | 15.97 bp | 70.8 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 10 min ago | 91.44 bp | 272.4 bp −$272 | 275.6 bp −$2,756 | 304.3 bp −$30.4K | 465.4 bp −$232.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0179% | 8h | 0.05911 | −0.152% | $317K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05916 | −0.073% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0011% / S +0.0031% | 1h | 0.05916 | −0.069% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05920 | 0.000% | $269K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05920 | −0.007% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05931 | +0.189% | $310K | $351K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05935 | +0.253% | $14.3M | $127.1M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05915 | −0.084% | $14.0M | $34.5M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05919 | −0.017% | $3.4M | $36.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05916 | −0.068% | $1.1M | $3.1M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.05918 | −0.034% | $34.0M | $27.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05918 | −0.034% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05929 | +0.152% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05916 | −0.068% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05919 | −0.017% | $104K | $639K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05909 | −0.178% | $200K | $2.2M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | +0.169% | $101K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05918 | −0.034% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05917 | −0.051% | $22K | $4.0M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05920 | +0.008% | $78K | $565K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0257% | 1h | 0.05920 | 0.000% | $374 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0280% | 1h | 0.05920 | long leg | $42K | $224K | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05918 | −0.040% | $113 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0369% | 8h | 0.05921 | +0.017% | $734K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05928 | +0.135% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0544% | 1h | 0.05916 | −0.067% | $366K | $1.6M | 50x | as long as short |
| dYdX SEI-USDshort | +0.1528% | 1h | 0.05918 | −0.032% | $101K | $2K | 5x |
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
Deribit SEI_USDC-PERPETUAL
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD