Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.035%
Price spread now: Bybit against Deribit+0.246%45s7-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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.246% dearer against Deribit than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SEI_USDC-PERPETUAL | 0.06106 | 0 | get 0.0000% / 1h | 14m 28s | $386 | $72K | 25x |
| Short | Bybit SEIUSDT | 0.06121 | 0.0100 | get 0.0100% / 8h | 14m 28s | $14.6M | $34.0M | 50x |
Deribit SEI_USDC-PERPETUAL
Bybit SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $21
- Price spread: +0.246% → 0.000%
- $24.57
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $27.57
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Deribit: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 0.82 bp | 14.9 bp −$15 | 35.0 bp −$350 | 224.2 bp −$22.4K | 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 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 | −0.0087% | 8h | 0.06109 | +0.042% | $323K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06105 | −0.022% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUALlong | 0.0000% | 1h | 0.06106 | long leg | $386 | $72K | 25x | |
| Lighter SEI | +0.0096% | 1h | 0.06119 | +0.213% | $274K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06135 | +0.468% | $3.8M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06122 | +0.266% | $335K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06126 | +0.322% | $14.8M | $122.3M | 75x | as long as short |
| Bybit SEIUSDTshort | +0.0100% | 8h | 0.06121 | +0.246% | $14.6M | $34.0M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06124 | +0.295% | $3.5M | $36.3M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06119 | +0.213% | $1.1M | $3.2M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.06122 | +0.262% | $37.7M | $27.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06122 | +0.262% | $6.8M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06126 | +0.328% | $9.9M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06122 | +0.262% | — | $16.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06107 | +0.016% | $113K | $667K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06092 | −0.225% | $217K | $2.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06100 | −0.098% | $101K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06103 | −0.049% | $2K | $227K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06111 | +0.082% | $23K | $3.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06123 | +0.284% | $76K | $429K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0220% / S −0.1650% | 1h | 0.06103 | −0.043% | $12K | — | 100x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0252% | 1h | 0.06106 | −0.005% | $385K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0288% | 1h | 0.06090 | −0.262% | $44K | $240K | 50x | as long as short |
| BloFin SEI-USDT | +0.0320% | 8h | 0.06107 | +0.016% | $746K | $1.5M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06101 | −0.080% | $116 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0454% | 1h | 0.06088 | −0.295% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.0648% | 1h | 0.06126 | +0.322% | $105K | $2K | 5x | as long as short |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
GMX SEI/USD [ETH-USDC]
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD