Funding you earn now, next payment 21:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.056%
Price spread now: Coinbase International against GRVT−0.148%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$770.766% of the position
Funding, last 7 days−0.568%−$57 on $10k
+Price spread, last 3 days (all we have)+0.064%+$6 · spread now −0.148%, 7d avg +0.008%
=Together, before fees−0.504%+ Points / potential airdropGRVT: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Coinbase International is 0.156% cheaper against GRVT than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SEI_USDT_Perp | 0.05949 | 0.0100 | pay 0.0100% / 8h | 2h 55m | $204K | $1.4M | 10x |
| Short | Coinbase International SEI-PERP-INTX | 0.05940 | −0.0056 | pay 0.0007% / 1h | 55m 23s | $33K | $221K | 50x |
GRVT SEI_USDT_Perp
Coinbase International SEI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$32.76
- Price spread: −0.148% → +0.008%
- −$15.58
- Slippage, 4 orders
- −$57.6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$124.94
- Costs to cover
- 0.766%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; Coinbase International: live order book, 32 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 | 2.53 bp | 15.4 bp −$15 | 29.6 bp −$296 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 32 min ago | 14.22 bp | 28.5 bp −$29 | 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 −0.0802% / S +0.0440% | 1h | 0.05959 | +0.165% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTXshort | −0.0056% | 1h | 0.05940 | −0.148% | $33K | $221K | 50x | |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05961 | +0.211% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05956 | +0.121% | $30K | $52K | 25x | as long as short |
| Variational Omni SEI | +0.0063% | 8h | 0.05946 | −0.039% | $316K | $243K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05961 | +0.205% | $269K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05962 | +0.222% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05962 | +0.215% | $3.5M | $6.7M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05957 | +0.141% | $312K | $382K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05959 | +0.177% | $14.0M | $128.8M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05958 | +0.155% | $14.0M | $36.6M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05960 | +0.188% | $3.1M | $40.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05955 | +0.104% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05958 | +0.155% | $29.9M | $26.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05959 | +0.172% | $7.1M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05958 | +0.155% | $9.4M | $17.3M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05957 | +0.138% | — | $33.0M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05960 | +0.188% | $121K | $570K | 10x | as long as short |
| GRVT SEI_USDT_Perplong | +0.0100% | 8h | 0.05949 | long leg | $204K | $1.4M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | +0.020% | $109K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05955 | +0.104% | $23K | $4.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05957 | +0.135% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0212% | 1h | 0.05960 | +0.187% | $376K | $1.7M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05945 | −0.064% | $723K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05958 | +0.152% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05972 | +0.390% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2417% | 1h | 0.05955 | +0.112% | $102K | $2K | 5x | as long as short |
Bybit 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
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD