Settings8H · net · $10k
Funding arb · Price arb /

SEI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0464%/8h= +50.8% APRpaid last 24h +0.482%
Price spread now: dYdX against GRVT−0.003%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1931.930% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.582%+$158 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.003%, 7d avg −0.106%
Together, before fees+1.456%+ Points / potential airdropGRVT: Active · farm board+$146 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and dYdX is 0.103% dearer against GRVT than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.106%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SEI_USDT_Perp0.061090.0100pay 0.0100% / 8h4h 27m$208K$1.9M10x
ShortdYdX SEI-USD0.061090.0564get 0.0071% / 1h27m 19s$104K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against GRVT. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$97.45
Price spread: −0.003% → −0.106%
$10.31
Slippage, 4 orders
−$173.98
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$85.22
Costs to cover
1.930%
Break-even
13.1 days
Slippage from GRVT: live order book, 1 min ago; dYdX: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 1 min ago2.46 bp19.9 bp −$2037.2 bp −$372doesn't fitdoesn't fit
Sell dYdX live order book, 32 min ago52.79 bp74.7 bp −$75346.7 bp −$3,467412.5 bp −$41.2K1207.1 bp −$603.5K

SEI on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SEI−0.0183%8h0.06099−0.158%$325K$189Kas long as short
Coinbase International SEI-PERP-INTX−0.0032%1h0.06149+0.654%$43K$221K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06104−0.091%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06111+0.032%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0040% / S +0.0120%1h0.06104−0.089%$6K100xas long as short
Bybit SEIUSDT+0.0083%8h0.06099−0.165%$14.6M$36.3M50xas long as short
Lighter SEI+0.0096%1h0.06116+0.114%$278K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06111+0.027%$3.5M$5.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.06110+0.009%$319K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.06113+0.070%$15.2M$130.4M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06105−0.067%$3.5M$40.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.06111+0.032%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06109−0.001%$35.4M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06109−0.001%$6.6M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06111+0.032%$10.1M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.06102−0.116%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06110+0.015%$108K$614K10xas long as short
GRVT SEI_USDT_Perplong+0.0100%8h0.06109long leg$208K$1.9M10x
ApeX Omni SEIUSDT+0.0100%1h0.06130+0.343%$110K$667K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06109−0.001%$2K$83K20xas long as short
SunX SEI-USDT+0.0100%8h0.06124+0.244%$23K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06111+0.039%$78K$552K25xas long as short
BloFin SEI-USDT+0.0220%8h0.06116+0.114%$768K$1.3M75xas long as short
Injective SEI/USDC PERP+0.0267%1h0.06104−0.083%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0310%1h0.06115+0.091%$381K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06106−0.055%$11720xas long as short
dYdX SEI-USDshort+0.0564%1h0.06109−0.003%$104K$2K5x