Funding you earn now, next payment 02:00 UTC−0.0324%/8h= −35.5% APRpaid last 24h +0.040%
Price spread now: Binance against Deribit+0.349%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.349% dearer against Deribit than usual: you sell high and buy low (spread +0.349% now, against zero (this spread has no 7-day history yet)): +$35 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SEI_USDC-PERPETUAL | 0.05939 | 0.0424 | pay 0.0053% / 1h | 8m 31s | $10K | $72K | 25x |
| Short | Binance SEIUSDT | 0.05960 | 0.0100 | get 0.0100% / 8h | 6h 08m | $14.3M | $128.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- −$68.04
- Price spread: +0.349% → 0.000%
- $34.95
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.09
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 5 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 5 min ago | 0.84 bp | 11.2 bp −$11 | 25.7 bp −$257 | 106.5 bp −$10.6K | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +0.182% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0123% | 8h | 0.05957 | +0.311% | $318K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05952 | +0.211% | — | — | 150x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05977 | +0.640% | $34K | $207K | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05958 | +0.320% | $270K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05958 | +0.315% | $3.4M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05956 | +0.286% | $312K | $354K | 20x | as long as short |
| Binance SEIUSDTshort | +0.0100% | 8h | 0.05960 | +0.349% | $14.3M | $128.6M | 75x | |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05954 | +0.253% | $14.1M | $35.9M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05959 | +0.337% | $3.2M | $39.7M | 50x | as long as short |
Show 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 | +0.202% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05954 | +0.253% | $34.5M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05955 | +0.269% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05961 | +0.370% | $9.5M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05953 | +0.236% | — | $31.3M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05965 | +0.438% | $202K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | +0.354% | $109K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05951 | +0.202% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05958 | +0.320% | $22K | $4.4M | 30x | as long as short |
| Backpack SEI_USDC_PERP | +0.0103% | 1h | 0.05951 | +0.202% | $118K | $572K | 10x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05955 | +0.266% | $79K | $546K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05961 | +0.374% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0377% | 1h | 0.05953 | +0.233% | $375K | $1.6M | 50x | as long as short |
| Deribit SEI_USDC-PERPETUALlong | +0.0424% | 1h | 0.05939 | long leg | $10K | $72K | 25x | |
| dYdX SEI-USD | +0.0766% | 1h | 0.05956 | +0.283% | $102K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05943 | +0.067% | $9K | $43K | 12x | as long as short |
Deribit SEI_USDC-PERPETUAL
Binance SEIUSDT
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Coinbase International SEI-PERP-INTX
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Backpack SEI_USDC_PERP
Extended SEI-USD
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERP