Funding you earn now, next payment 22:00 UTC−0.2252%/8h= −246.6% APRpaid last 24h −0.426%
Price spread now: Gate against dYdX−0.119%46s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$517as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3593.588% of the position
Funding, last 7 days−1.580%−$158 on $10k
+Price spread, last 4 days (all we have)−0.234%−$23 · spread now −0.119%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$68 a day on $10k at the current rate, and Gate is 0.124% cheaper against dYdX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.005%). Swap the legs. The two prices were read 46 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 | dYdX SEI-USD | 0.05941 | 0.2352 | pay 0.0294% / 1h | 57m 58s | $101K | $2K | 5x |
| Short | Gate SEI_USDT | 0.05934 | 0.0100 | get 0.0100% / 8h | 2h 57m | $1.1M | $3.6M | 75x |
dYdX SEI-USD
Gate SEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$472.92
- Price spread: −0.119% → +0.005%
- −$12.43
- Slippage, 4 orders
- −$333.78
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$844.13
- Costs to cover
- 3.588%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 31 min ago; Gate: live order book, 5 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, 31 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 Gate live order book, 5 min ago | 7.57 bp | 23.4 bp −$23 | 54.1 bp −$541 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05936 | −0.089% | $23K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | −0.0087% | 1h | 0.05935 | −0.102% | $30K | $52K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05940 | −0.018% | $33K | $229K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05937 | −0.062% | $8K | — | 150x | as long as short |
| Variational Omni SEI | +0.0063% | 8h | 0.05949 | +0.127% | $316K | $243K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05936 | −0.085% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05936 | −0.085% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05940 | −0.016% | $3.4M | $6.7M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05940 | −0.021% | $311K | $382K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05939 | −0.035% | $14.0M | $129.1M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05934 | −0.119% | $14.0M | $36.7M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05937 | −0.068% | $3.1M | $40.6M | 50x | as long as short |
| Gate SEI_USDTshort | +0.0100% | 8h | 0.05934 | −0.119% | $1.1M | $3.6M | 75x | |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05939 | −0.035% | $29.8M | $26.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05940 | −0.018% | $7.1M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05938 | −0.051% | $9.3M | $17.3M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05937 | −0.068% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05937 | −0.068% | $121K | $575K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05947 | +0.100% | $205K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | +0.150% | $109K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05947 | +0.100% | $23K | $4.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05939 | −0.029% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05936 | −0.083% | $374K | $1.7M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05943 | +0.033% | $723K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05940 | −0.021% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05975 | +0.571% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USDlong | +0.2352% | 1h | 0.05941 | long leg | $101K | $2K | 5x |
Bybit SEIUSDT
OKX SEI-USDT-SWAP
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
Reya SEIRUSDPERP
Injective SEI/USDC PERP