Funding you earn now, next payment 23:00 UTC−0.2690%/8h= −294.5% APRpaid last 24h −0.481%
Price spread now: GRVT against dYdX+0.023%110s7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$508as 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−$3573.569% of the position
Funding, last 7 days−1.516%−$152 on $10k
+Price spread, last 3 days (all we have)+0.135%+$14 · spread now +0.023%, 7d avg −0.037%
=Together, before fees−1.381%+ Points / potential airdropGRVT: Active · farm board−$138 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.060% dearer against dYdX than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.037%): +$6 on $10k if it goes back. Holding the pair costs −$81 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−1.516% in total) that is about 7 hours. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.516% in total (about -79.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.05906 | 0.2790 | pay 0.0349% / 1h | 53m 42s | $101K | $2K | 5x |
| Short | GRVT SEI_USDT_Perp | 0.05907 | 0.0100 | get 0.0100% / 8h | 1h 53m | $209K | $1.4M | 10x |
dYdX SEI-USD
GRVT SEI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$564.87
- Price spread: +0.023% → −0.037%
- $5.96
- Slippage, 4 orders
- −$337.86
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$915.76
- Costs to cover
- 3.569%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 30 min ago; GRVT: live order book, 4 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, 30 min ago | 149.97 bp | 155.0 bp −$155 | 155.0 bp −$1,550 | 162.2 bp −$16.2K | 591.3 bp −$295.7K |
| Sell GRVT live order book, 4 min ago | 0.85 bp | 12.1 bp −$12 | 24.5 bp −$245 | 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 | 0.05911 | +0.095% | $23K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | −0.0088% | 1h | 0.05910 | +0.073% | $20K | $62K | 25x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05911 | +0.091% | $8K | — | 150x | as long as short |
| Variational Omni SEI | +0.0019% | 8h | 0.05903 | −0.046% | $314K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05911 | +0.090% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05911 | +0.090% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05911 | +0.085% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05915 | +0.156% | $309K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05909 | +0.056% | $13.7M | $126.5M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05904 | −0.029% | $13.9M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
gTrade (Gains Network) SEI/USD
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05905 | −0.012% | $3.0M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05906 | +0.005% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05908 | +0.039% | $29.1M | $25.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05909 | +0.056% | $6.9M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05907 | +0.022% | $9.3M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05907 | +0.022% | — | $33.1M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05912 | +0.107% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perpshort | +0.0100% | 8h | 0.05907 | +0.023% | $209K | $1.4M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05910 | +0.073% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05921 | +0.259% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05904 | −0.036% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0189% | 1h | 0.05912 | +0.108% | $374K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05960 | +0.919% | $33K | $209K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05919 | +0.225% | $702K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05913 | +0.116% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05940 | +0.581% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USDlong | +0.2790% | 1h | 0.05906 | long leg | $101K | $2K | 5x |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP