Funding you earn now, next payment 22:00 UTC−0.1918%/8h= −210.0% APRpaid last 24h −0.442%
Price spread now: Binance against dYdX+0.067%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$506as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3403.402% of the position
Funding, last 7 days−1.660%−$166 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.067%, 7d avg +0.012%
=The price spread pays, funding is against you. Binance is 0.055% dearer against dYdX than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.012%): +$6 on $10k if it goes back. Holding the pair costs −$58 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−1.660% in total) that is about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.05934 | 0.2018 | pay 0.0252% / 1h | 48m 22s | $101K | $2K | 5x |
| Short | Binance SEIUSDT | 0.05938 | 0.0100 | get 0.0100% / 8h | 2h 48m | $13.9M | $128.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against dYdX. 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
- −$402.74
- Price spread: +0.067% → +0.012%
- $5.53
- Slippage, 4 orders
- −$320.17
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$737.38
- Costs to cover
- 3.402%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 40 min ago; Binance: live order book, 10 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 dYdX live order book, 40 min ago | 37.33 bp | 248.6 bp −$249 | 267.5 bp −$2,675 | 270.6 bp −$27.1K | 386.5 bp −$193.2K |
| Sell Binance live order book, 10 min ago | 0.84 bp | 9.3 bp −$9 | 20.3 bp −$203 | 99.8 bp −$9,984 | 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 | 0.05939 | +0.077% | $23K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | −0.0087% | 1h | 0.05940 | +0.101% | $20K | $62K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.438% | $33K | $218K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05938 | +0.067% | $8K | — | 150x | as long as short |
| Variational Omni SEI | +0.0056% | 8h | 0.05924 | −0.177% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05935 | +0.016% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05939 | +0.084% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05938 | +0.069% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05938 | +0.072% | $311K | $382K | 20x | as long as short |
| Binance SEIUSDTshort | +0.0100% | 8h | 0.05938 | +0.067% | $13.9M | $128.6M | 75x |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05931 | −0.051% | $13.9M | $36.7M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05933 | −0.017% | $3.0M | $40.5M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05929 | −0.085% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05937 | +0.050% | $29.7M | $26.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05935 | +0.016% | $7.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05932 | −0.034% | $9.3M | $17.3M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05934 | 0.000% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05941 | +0.117% | $118K | $569K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05929 | −0.086% | $205K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | −0.068% | $108K | $667K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05948 | +0.235% | $23K | $4.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05936 | +0.038% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05941 | +0.124% | $377K | $1.7M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05940 | +0.101% | $721K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05934 | +0.006% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05961 | +0.455% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USDlong | +0.2018% | 1h | 0.05934 | long leg | $101K | $2K | 5x |
Binance SEIUSDT
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Variational Omni SEI
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
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Injective SEI/USDC PERP