Funding you earn now, next payment 05:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h +0.059%
Price spread now: SunX against Coinbase International−0.133%7-day average +0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$1831.833% of the position
Funding, last 7 days+0.507%+$51 on $10k
+Price spread, last 4 days (all we have)+0.477%+$48 · spread now −0.133%, 7d avg +0.166%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.299% cheaper against Coinbase International than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.166%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.507%, 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 | 0.06010 | 0.0280 | pay 0.0035% / 1h | 59m 31s | $43K | $230K | 50x |
| Short | SunX SEI-USDT | 0.06002 | 0.0100 | get 0.0100% / 8h | 1h 59m | $23K | $3.9M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$37.8
- Price spread: −0.133% → +0.166%
- −$29.89
- Slippage, 4 orders
- −$165.3
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$250.99
- Costs to cover
- 1.833%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 48 min ago; SunX: live order book, 9 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, 48 min ago | 15.97 bp | 70.8 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 14.97 bp | 23.2 bp −$23 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0133% | 8h | 0.05991 | −0.310% | $316K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05991 | −0.314% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0030% / S −0.0028% | 1h | 0.05991 | −0.323% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06003 | −0.116% | $271K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06004 | −0.105% | $3.4M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06005 | −0.079% | $314K | $360K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06003 | −0.114% | $14.6M | $126.4M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05995 | −0.250% | $14.1M | $34.4M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05996 | −0.233% | $3.4M | $36.7M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06000 | −0.166% | $1.1M | $3.0M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.06002 | −0.133% | $34.9M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06003 | −0.116% | $6.5M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06003 | −0.116% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06000 | −0.166% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05997 | −0.216% | $107K | $649K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05998 | −0.200% | $204K | $2.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06010 | 0.000% | $102K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05993 | −0.283% | $2K | $131K | 20x | as long as short |
| SunX SEI-USDTshort | +0.0100% | 8h | 0.06002 | −0.133% | $23K | $3.9M | 30x | |
| Extended SEI-USD | +0.0104% | 1h | 0.06002 | −0.137% | $76K | $558K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0251% | 1h | 0.05994 | −0.266% | $378 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0280% | 1h | 0.06010 | long leg | $43K | $230K | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05991 | −0.308% | $114 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0368% | 8h | 0.06000 | −0.166% | $727K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.06003 | −0.116% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0537% | 1h | 0.06000 | −0.172% | $361K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1332% | 1h | 0.05998 | −0.193% | $102K | $2K | 5x | as long as short |
Coinbase International SEI-PERP-INTX
SunX SEI-USDT
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_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Extended SEI-USD
Deribit SEI_USDC-PERPETUAL
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD