Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against GRVT+0.591%7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$960.958% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.575%−$58 · spread now +0.591%, 7d avg −0.049%
=Together, before fees−0.587%+ Points / potential airdropGRVT: Active · farm board−$59 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.640% dearer against GRVT than usual: you sell high and buy low: +$64 more if the spread goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SEI_USDT_Perp | 0.06005 | 0.0100 | pay 0.0100% / 8h | 4h 02m | $204K | $2.0M | 10x |
| Short | BloFin SEI-USDT | 0.06040 | 0.0220 | get 0.0220% / 8h | 4h 02m | $769K | $1.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: +0.591% → −0.049%
- $63.99
- Slippage, 4 orders
- −$74.85
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.66
- Costs to cover
- 0.958%
- Break-even
- 8.8 days
Slippage from GRVT: live order book, 1 min ago; BloFin: 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, 1 min ago | 4.14 bp | 33.9 bp −$34 | 72.2 bp −$722 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 1.66 bp | 10.4 bp −$10 | 20.0 bp −$200 | 66.9 bp −$6,690 | 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 | −0.0211% | 8h | 0.06001 | −0.051% | $320K | $187K | — | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0032% | 1h | 0.06058 | +0.890% | $43K | $218K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06037 | +0.541% | — | — | 150x | as long as short |
| Bybit SEIUSDT | +0.0028% | 8h | 0.06021 | +0.274% | $14.4M | $36.4M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0041% / S +0.0107% | 1h | 0.06036 | +0.522% | $6K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0081% | 1h | 0.06041 | +0.607% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06028 | +0.391% | $269K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06031 | +0.436% | $3.5M | $5.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06036 | +0.528% | $316K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06028 | +0.391% | $14.8M | $130.5M | 75x | 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 | 0.06031 | +0.441% | $3.5M | $40.1M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06035 | +0.507% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06027 | +0.374% | $35.1M | $28.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06029 | +0.407% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06026 | +0.358% | $9.9M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06029 | +0.407% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06035 | +0.507% | $106K | $622K | 10x | as long as short |
| GRVT SEI_USDT_Perplong | +0.0100% | 8h | 0.06005 | long leg | $204K | $2.0M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05990 | −0.242% | $108K | $669K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06036 | +0.524% | $2K | $58K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06049 | +0.741% | $22K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06032 | +0.450% | $76K | $548K | 25x | as long as short |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.06040 | +0.591% | $769K | $1.3M | 75x | |
| Injective SEI/USDC PERP | +0.0267% | 1h | 0.06032 | +0.457% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0314% | 1h | 0.06038 | +0.553% | $372K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06040 | +0.583% | $115 | — | 20x | as long as short |
| dYdX SEI-USD | +0.1083% | 1h | 0.06027 | +0.380% | $103K | $2K | 5x | as long as short |
GRVT SEI_USDT_Perp
BloFin SEI-USDT
Variational Omni SEI
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Bybit SEIUSDT
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
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
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD