Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.050%
Price spread now: GRVT against Coinbase International−0.201%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1721.720% of the position
Funding, last 7 days+0.562%+$56 on $10k
+Price spread, last 3 days (all we have)+0.190%+$19 · spread now −0.201%, 7d avg −0.010%
=Together, before fees+0.753%+ Points / potential airdropGRVT: Active · farm board+$75 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.191% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.201% now, against its 7-day average of −0.010%). If the spread goes back, that is −$19 on $10k: about 12 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.562% in total) that is about 2.4 days.
| 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 | 8m 28s | $34K | $207K | 50x |
| Short | GRVT SEI_USDT_Perp | 0.05965 | 0.0100 | get 0.0100% / 8h | 6h 08m | $202K | $1.7M | 10x |
Coinbase International SEI-PERP-INTX
GRVT SEI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: −0.201% → −0.010%
- −$19.06
- Slippage, 4 orders
- −$153.01
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$180.16
- Costs to cover
- 1.720%
- Break-even
- 122.5 days
Slippage from Coinbase International: live order book, 59 min ago; GRVT: live order book, 5 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, 59 min ago | 14.16 bp | 63.9 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 0.84 bp | 29.4 bp −$29 | 68.9 bp −$689 | doesn't fit | 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 | 0.05950 | −0.455% | $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 | 0.05952 | −0.426% | — | — | 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 | 0.05958 | −0.318% | $270K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05958 | −0.323% | $3.4M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05956 | −0.351% | $312K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05960 | −0.289% | $14.3M | $128.6M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05954 | −0.385% | $14.1M | $35.9M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05959 | −0.301% | $3.2M | $39.7M | 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 | 0.05951 | −0.435% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05954 | −0.385% | $34.5M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05955 | −0.368% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05961 | −0.268% | $9.5M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05953 | −0.402% | — | $31.3M | — | as long as short |
| GRVT SEI_USDT_Perpshort | +0.0100% | 8h | 0.05965 | −0.201% | $202K | $1.7M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | −0.284% | $109K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05951 | −0.435% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05958 | −0.318% | $22K | $4.4M | 30x | as long as short |
| Backpack SEI_USDC_PERP | +0.0103% | 1h | 0.05951 | −0.435% | $118K | $572K | 10x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05955 | −0.372% | $79K | $546K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05961 | −0.264% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0377% | 1h | 0.05953 | −0.404% | $375K | $1.6M | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0424% | 1h | 0.05939 | −0.636% | $10K | $72K | 25x | as long as short |
| dYdX SEI-USD | +0.0766% | 1h | 0.05956 | −0.355% | $102K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05943 | −0.569% | $9K | $43K | 12x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Backpack SEI_USDC_PERP
Extended SEI-USD
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
Deribit SEI_USDC-PERPETUAL
dYdX SEI-USD
Injective SEI/USDC PERP