Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: BingX against GRVT+0.245%54s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as 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−$640.640% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)−0.393%−$39 · spread now +0.245%, 7d avg +0.049%
=Together, before fees−0.425%+ Points / potential airdropGRVT: Active · farm board−$42 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.196% dearer against GRVT than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.049%. The two prices were read 54 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 | GRVT SEI_USDT_Perp | 0.05898 | 0.0100 | pay 0.0100% / 8h | 58m 29s | $209K | $1.5M | 10x |
| Short | BingX SEI-USDT | 0.05912 | 0.0100 | get 0.0100% / 8h | 58m 29s | — | $33.2M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GRVT. 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: +0.245% → +0.049%
- $19.62
- Slippage, 4 orders
- −$44.98
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$44.37
- Costs to cover
- 0.640%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 5 min ago; BingX: 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 GRVT live order book, 5 min ago | 0.85 bp | 17.1 bp −$17 | 26.0 bp −$260 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 2.55 bp | 10.7 bp −$11 | 20.9 bp −$209 | 61.1 bp −$6,110 | 365.6 bp −$182.8K |
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 | 0.05904 | +0.105% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05904 | +0.109% | $8K | — | 150x | as long as short |
| Variational Omni SEI | −0.0004% | 8h | 0.05885 | −0.209% | $311K | $232K | — | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05907 | +0.161% | $20K | $62K | 25x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05905 | +0.127% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05921 | +0.396% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05913 | +0.265% | $309K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05917 | +0.327% | $13.7M | $125.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05911 | +0.228% | $13.9M | $36.1M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05912 | +0.245% | $3.0M | $39.8M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.05905 | +0.127% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05914 | +0.279% | $28.9M | $25.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05909 | +0.194% | $6.7M | $14.1M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05917 | +0.330% | $9.3M | $16.9M | 75x | as long as short |
| BingX SEI-USDTshort | +0.0100% | 8h | 0.05912 | +0.245% | — | $33.2M | — | |
| GRVT SEI_USDT_Perplong | +0.0100% | 8h | 0.05898 | long leg | $209K | $1.5M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05890 | −0.128% | $107K | $667K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05914 | +0.279% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05914 | +0.285% | $75K | $476K | 25x | as long as short |
| Lighter SEI | +0.0216% | 1h | 0.05915 | +0.296% | $266K | $1.2M | 10x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05900 | +0.042% | $696K | $1.2M | 75x | as long as short |
| Backpack SEI_USDC_PERP | +0.0270% | 1h | 0.05909 | +0.194% | $118K | $563K | 10x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0325% | 1h | 0.05908 | +0.181% | $373K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05899 | +0.025% | $33K | $207K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05917 | +0.337% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05927 | +0.500% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2947% | 1h | 0.05907 | +0.156% | $101K | $2K | 5x | as long as short |
GRVT SEI_USDT_Perp
BingX SEI-USDT
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Variational Omni SEI
Deribit SEI_USDC-PERPETUAL
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Lighter SEI
BloFin SEI-USDT
Backpack SEI_USDC_PERP
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Injective SEI/USDC PERP