Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Backpack against Gate+0.084%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$610.614% of the position
Funding, last 7 days+0.187%+$19 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.084%, 7d avg +0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.026% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SEI_USDT | 0.05977 | 0.0100 | pay 0.0100% / 8h | 6h 52m | $1.1M | $3.4M | 75x |
| Short | Backpack SEI_USDC_PERP | 0.05982 | 0.0100 | get 0.0013% / 1h | 52m 10s | $118K | $567K | 10x |
Gate SEI_USDT
Backpack SEI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Gate. 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
- $0
- Price spread: +0.084% → +0.057%
- $2.64
- Slippage, 4 orders
- −$36.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$58.79
- Costs to cover
- 0.614%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Backpack: live order book, 17 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 Gate live order book, 1 min ago | 5.86 bp | 17.7 bp −$18 | 54.5 bp −$545 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 17 min ago | 0.83 bp | 12.1 bp −$12 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0815% / S +0.0444% | 1h | 0.05979 | +0.033% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0127% | 8h | 0.05902 | −1.262% | $316K | $210K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05982 | +0.084% | $11K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05980 | +0.050% | $10K | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05949 | −0.468% | $34K | $207K | 50x | as long as short |
| Bybit SEIUSDT | +0.0095% | 8h | 0.05975 | −0.033% | $14.1M | $36.2M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05979 | +0.033% | $272K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05981 | +0.067% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05982 | +0.087% | $3.5M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05981 | +0.066% | $313K | $354K | 20x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Bybit SEIUSDT
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SEIUSDT | +0.0100% | 8h | 0.05979 | +0.028% | $14.3M | $129.2M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05979 | +0.033% | $3.2M | $40.4M | 50x | as long as short |
| Gate SEI_USDTlong | +0.0100% | 8h | 0.05977 | long leg | $1.1M | $3.4M | 75x | |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05979 | +0.033% | $35.4M | $28.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05980 | +0.050% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05980 | +0.050% | $9.5M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05980 | +0.050% | — | $31.6M | — | as long as short |
| Backpack SEI_USDC_PERPshort | +0.0100% | 1h | 0.05982 | +0.084% | $118K | $567K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05914 | −1.060% | $202K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | −0.619% | $108K | $677K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05986 | +0.151% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05979 | +0.042% | $76K | $540K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05969 | −0.134% | $733K | $1.1M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05978 | +0.014% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0375% | 1h | 0.05980 | +0.054% | $380K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0769% | 1h | 0.05978 | +0.009% | $102K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05956 | −0.351% | $9K | $43K | 12x | as long as short |
Binance SEIUSDT
OKX SEI-USDT-SWAP
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD
Injective SEI/USDC PERP