Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.069%
Price spread now: Gate against Coinbase International−0.423%7-day average +0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$930.930% of the position
Funding, last 7 days+0.448%+$45 on $10k
+Price spread, last 3 days (all we have)+0.560%+$56 · spread now −0.423%, 7d avg +0.049%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.472% cheaper against Coinbase International than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of +0.049%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.448%, 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 | 0.05907 | 0.0144 | pay 0.0018% / 1h | 43m 52s | $34K | $205K | 50x |
| Short | Gate SEI_USDT | 0.05882 | 0.0100 | get 0.0100% / 8h | 7h 43m | $1.1M | $3.4M | 75x |
Coinbase International SEI-PERP-INTX
Gate SEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$9.24
- Price spread: −0.423% → +0.049%
- −$47.24
- Slippage, 4 orders
- −$68.03
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$149.51
- Costs to cover
- 0.930%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 29 min ago; Gate: 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, 29 min ago | 8.45 bp | 21.3 bp −$21 | 215.3 bp −$2,153 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 5.11 bp | 22.5 bp −$22 | 58.4 bp −$584 | doesn't fit | 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 −0.0802% / S +0.0440% | 1h | 0.05876 | −0.528% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0117% | 8h | 0.05884 | −0.396% | $314K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05877 | −0.509% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05876 | −0.525% | $9K | $72K | 25x | as long as short |
| Bybit SEIUSDT | +0.0081% | 8h | 0.05880 | −0.457% | $13.9M | $36.1M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05880 | −0.457% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05879 | −0.474% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05887 | −0.339% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05886 | −0.358% | $308K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05886 | −0.356% | $14.3M | $127.8M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Bybit SEIUSDT
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.05886 | −0.356% | $3.1M | $39.5M | 50x | as long as short |
| Gate SEI_USDTshort | +0.0100% | 8h | 0.05882 | −0.423% | $1.1M | $3.4M | 75x | |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05886 | −0.356% | $33.0M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05886 | −0.356% | $6.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05886 | −0.356% | $9.3M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05883 | −0.406% | — | $33.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05878 | −0.491% | $115K | $564K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05852 | −0.932% | $205K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05890 | −0.288% | $107K | $672K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05884 | −0.389% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05886 | −0.360% | $75K | $560K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0144% | 1h | 0.05907 | long leg | $34K | $205K | 50x | |
| Kraken Futures PF_SEIUSD | +0.0181% | 1h | 0.05879 | −0.481% | $364K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05895 | −0.203% | $729K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05877 | −0.506% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05921 | +0.237% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1478% | 1h | 0.05893 | −0.235% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD