Funding you earn now, next payment 03:00 UTC−0.0280%/8h= −30.7% APRnext payment −$0.35 per $10,000 · paid last 24h −0.549%
Price spread now: Coinbase International against dYdX+0.665%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$479as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$2622.616% of the position
Funding, last 7 days−2.171%−$217 on $10k
+Price spread, last 4 days (all we have)−0.769%−$77 · spread now +0.665%, 7d avg −0.043%
=The price spread pays, funding is against you. Coinbase International is 0.707% dearer against dYdX than usual: you sell high and buy low (spread +0.665% now, against its 7-day average of −0.043%): +$71 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 8.4 days. At the pace of the last 7 days (−2.171% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.06108 | 0.0248 | pay 0.0031% / 1h | 52m 14s | $104K | $2K | 5x |
| Short | Coinbase International SEI-PERP-INTX | 0.06149 | −0.0032 | pay 0.0004% / 1h | 52m 14s | $43K | $223K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$58.83
- Price spread: +0.665% → −0.043%
- $70.75
- Slippage, 4 orders
- −$241.65
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$249.73
- Costs to cover
- 2.616%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 7 min ago; Coinbase International: live order book, 6 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, 7 min ago | 52.79 bp | 72.5 bp −$72 | 267.7 bp −$2,677 | 347.0 bp −$34.7K | 1111.5 bp −$555.7K |
| Sell Coinbase International live order book, 6 min ago | 15.58 bp | 57.9 bp −$58 | 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 | −0.0180% | 8h | 0.06122 | +0.231% | $332K | $184K | — | as long as short |
| Coinbase International SEI-PERP-INTXshort | −0.0032% | 1h | 0.06149 | +0.665% | $43K | $223K | 50x | |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06109 | +0.017% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06105 | −0.056% | $10K | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0036% / S +0.0151% | 1h | 0.06109 | +0.007% | $6K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06107 | −0.023% | $278K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06112 | +0.051% | $3.5M | $5.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06114 | +0.098% | $320K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06107 | −0.023% | $15.1M | $130.1M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06099 | −0.154% | $14.7M | $36.1M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06104 | −0.072% | $3.5M | $40.5M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06106 | −0.039% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06106 | −0.039% | $35.9M | $28.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06107 | −0.023% | $6.5M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06108 | −0.007% | $10.0M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06105 | −0.056% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06107 | −0.023% | $110K | $605K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06122 | +0.222% | $216K | $1.8M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06120 | +0.190% | $110K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06106 | −0.039% | $2K | $82K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06110 | +0.026% | $23K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06104 | −0.066% | $79K | $550K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06125 | +0.272% | $781K | $1.3M | 75x | as long as short |
| dYdX SEI-USDlong | +0.0248% | 1h | 0.06108 | long leg | $104K | $2K | 5x | |
| Injective SEI/USDC PERP | +0.0267% | 1h | 0.06138 | +0.485% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0310% | 1h | 0.06106 | −0.034% | $378K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06109 | +0.002% | $117 | — | 20x | as long as short |
Coinbase International SEI-PERP-INTX
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
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
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD