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: Bybit against GRVT+0.062%50s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as 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−$370.368% of the position
Funding, last 7 days−0.102%−$10 on $10k
+Price spread, last 3 days (all we have)−0.164%−$16 · spread now +0.062%, 7d avg +0.004%
=Together, before fees−0.266%+ Points / potential airdropGRVT: Active · farm board−$27 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: Bybit is 0.057% dearer against GRVT than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 50 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 | 0.05917 | 0.0100 | pay 0.0100% / 8h | 10m 35s | $202K | $1.5M | 10x |
| Short | Bybit SEIUSDT | 0.05921 | 0.0100 | get 0.0100% / 8h | 10m 35s | $14.0M | $36.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.062% → +0.004%
- $5.75
- Slippage, 4 orders
- −$16.77
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$31.02
- Costs to cover
- 0.368%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; Bybit: live order book, 3 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, 3 min ago | 0.85 bp | 9.9 bp −$10 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.85 bp | 11.1 bp −$11 | 24.8 bp −$248 | 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 | 0.05918 | +0.013% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0082% | 8h | 0.05910 | −0.130% | $316K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05918 | +0.011% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05920 | +0.045% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05928 | +0.180% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05920 | +0.045% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05924 | +0.116% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05918 | +0.017% | $309K | $363K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05926 | +0.144% | $14.1M | $126.7M | 75x | as long as short |
| Bybit SEIUSDTshort | +0.0100% | 8h | 0.05921 | +0.062% | $14.0M | $36.0M | 50x |
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 | 0.05923 | +0.096% | $3.1M | $39.8M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05921 | +0.062% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05927 | +0.163% | $34.6M | $26.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05921 | +0.062% | $6.1M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05927 | +0.163% | $9.3M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05924 | +0.112% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05920 | +0.045% | $116K | $565K | 10x | as long as short |
| GRVT SEI_USDT_Perplong | +0.0100% | 8h | 0.05917 | long leg | $202K | $1.5M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | +0.045% | $108K | $673K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05927 | +0.163% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05926 | +0.152% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05921 | +0.062% | $715K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0324% | 1h | 0.05919 | +0.032% | $367K | $1.5M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05922 | +0.079% | $33K | $207K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05919 | +0.030% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05903 | −0.242% | $8K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1983% | 1h | 0.05927 | +0.165% | $101K | $2K | 5x | as long as short |
GRVT SEI_USDT_Perp
Bybit SEIUSDT
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
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
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Injective SEI/USDC PERP