Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.040%
Price spread now: Deribit against GRVT+0.228%45s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Deribit is 0.228% dearer against GRVT than usual: you sell high and buy low (spread +0.228% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.6 days. The two prices were read 45 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 | 0.06109 | 0.0100 | pay 0.0100% / 8h | 4h 29m | $208K | $1.9M | 10x |
| Short | Deribit SEI_USDC-PERPETUAL | 0.06123 | 0 | get 0.0000% / 1h | 29m 42s | $10K | $72K | 25x |
GRVT SEI_USDT_Perp
Deribit SEI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: +0.228% → 0.000%
- $22.81
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$14.19
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 4 min ago; Deribit: no order-book sample. Net counts fees only.
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, 4 min ago | 0.82 bp | 14.9 bp −$15 | 27.8 bp −$278 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0183% | 8h | 0.06099 | −0.158% | $325K | $189K | — | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0032% | 1h | 0.06149 | +0.654% | $43K | $221K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06119 | +0.163% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUALshort | 0.0000% | 1h | 0.06123 | +0.228% | $10K | $72K | 25x | |
| GMX SEI/USD [ETH-USDC] | L +0.0039% / S +0.0124% | 1h | 0.06119 | +0.163% | $6K | — | 100x | as long as short |
| Bybit SEIUSDT | +0.0084% | 8h | 0.06117 | +0.130% | $14.6M | $36.2M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06117 | +0.130% | $278K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06126 | +0.284% | $3.5M | $5.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06124 | +0.246% | $320K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06121 | +0.196% | $15.1M | $130.4M | 75x | as long as short |
Variational Omni SEI
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06114 | +0.081% | $3.5M | $40.5M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06121 | +0.195% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06119 | +0.163% | $35.4M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06123 | +0.228% | $6.6M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06119 | +0.163% | $10.1M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06117 | +0.130% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06127 | +0.294% | $109K | $613K | 10x | as long as short |
| GRVT SEI_USDT_Perplong | +0.0100% | 8h | 0.06109 | long leg | $208K | $1.9M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06080 | −0.476% | $109K | $667K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06118 | +0.146% | $2K | $83K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06124 | +0.244% | $23K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06116 | +0.112% | $78K | $552K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06104 | −0.083% | $771K | $1.3M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0267% | 1h | 0.06106 | −0.050% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0309% | 1h | 0.06122 | +0.219% | $381K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06117 | +0.134% | $117 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0577% | 1h | 0.06115 | +0.096% | $104K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
dYdX SEI-USD