Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.069%
Price spread now: OKX against Coinbase International+0.200%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$750.750% of the position
Funding, last 7 days+0.523%+$52 on $10k
+Price spread, last 3 days (all we have)−0.051%−$5 · spread now +0.200%, 7d avg +0.039%
=The price spread pays, funding is against you. OKX is 0.161% dearer against Coinbase International than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of +0.039%): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +0.523%, 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 | 0.05989 | 0.0144 | pay 0.0018% / 1h | 15m 00s | $34K | $207K | 50x |
| Short | OKX SEI-USDT-SWAP | 0.06001 | 0.0100 | get 0.0050% / 4h | 3h 15m | $3.2M | $40.0M | 50x |
Coinbase International SEI-PERP-INTX
OKX SEI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.200% → +0.039%
- $16.13
- Slippage, 4 orders
- −$55.04
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$68.15
- Costs to cover
- 0.750%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 58 min ago; OKX: 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, 58 min ago | 8.45 bp | 21.3 bp −$21 | 215.3 bp −$2,153 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.68 bp | 13.6 bp −$14 | 32.0 bp −$320 | 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 | 0.06000 | +0.177% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0109% | 8h | 0.05984 | −0.091% | $320K | $210K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06000 | +0.179% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06003 | +0.234% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06004 | +0.250% | $273K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06001 | +0.200% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06008 | +0.312% | $3.5M | $6.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06003 | +0.232% | $314K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06005 | +0.265% | $14.4M | $127.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05996 | +0.117% | $14.1M | $35.9M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAPshort | +0.0100% | 4h | 0.06001 | +0.200% | $3.2M | $40.0M | 50x | |
| Gate SEI_USDT | +0.0100% | 8h | 0.06002 | +0.217% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06008 | +0.317% | $35.9M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06005 | +0.267% | $6.2M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06008 | +0.317% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06001 | +0.200% | — | $33.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06005 | +0.267% | $119K | $562K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05989 | −0.004% | $212K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05980 | −0.150% | $109K | $673K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06004 | +0.250% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06004 | +0.253% | $77K | $542K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0144% | 1h | 0.05989 | long leg | $34K | $207K | 50x | |
| Kraken Futures PF_SEIUSD | +0.0178% | 1h | 0.06003 | +0.228% | $372K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05998 | +0.150% | $728K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05998 | +0.147% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.06025 | +0.601% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1033% | 1h | 0.05996 | +0.118% | $102K | $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
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD