Funding you earn now, next payment 02:00 UTC−0.0153%/8h= −16.8% APRnext payment −$0.19 per $10,000 · paid last 24h +0.067%
Price spread now: Hyperliquid against Deribit+0.034%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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.034% dearer against Deribit than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SEI_USDC-PERPETUAL | 0.05969 | 0.0253 | pay 0.0032% / 1h | 11m 02s | $10K | $72K | 25x |
| Short | Hyperliquid SEI | 0.05971 | 0.0100 | get 0.0013% / 1h | 11m 02s | $3.4M | $6.1M | 5x |
Deribit SEI_USDC-PERPETUAL
Hyperliquid SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- −$32.13
- Price spread: +0.034% → 0.000%
- $3.35
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$44.78
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Hyperliquid: live order book, 11 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 Hyperliquid live order book, 11 min ago | 0.93 bp | 9.5 bp −$10 | doesn't fit | doesn't fit | 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 | 0.05962 | −0.122% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0123% | 8h | 0.05957 | −0.193% | $318K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05961 | −0.126% | — | — | 150x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05977 | +0.134% | $34K | $207K | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05971 | +0.034% | $271K | $1.2M | 10x | as long as short |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.05971 | +0.034% | $3.4M | $6.1M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05967 | −0.036% | $312K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05966 | −0.050% | $14.3M | $128.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05958 | −0.184% | $14.1M | $35.9M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05963 | −0.101% | $3.2M | $39.8M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Coinbase International SEI-PERP-INTX
Lighter 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 | 0.05964 | −0.084% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05969 | 0.000% | $34.6M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05963 | −0.101% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05968 | −0.017% | $9.5M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05965 | −0.067% | — | $31.5M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05969 | 0.000% | $118K | $571K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05964 | −0.084% | $202K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | −0.151% | $109K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05967 | −0.034% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05970 | +0.017% | $23K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05967 | −0.026% | $79K | $546K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUALlong | +0.0253% | 1h | 0.05969 | long leg | $10K | $72K | 25x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05962 | −0.118% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0376% | 1h | 0.05969 | +0.004% | $376K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0719% | 1h | 0.05959 | −0.160% | $102K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05956 | −0.218% | $9K | $43K | 12x | 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
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD
Injective SEI/USDC PERP