Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.056%
Price spread now: Hyperliquid against GRVT−0.242%7-day average +0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$570.565% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 3 days (all we have)+0.171%+$17 · spread now −0.242%, 7d avg +0.071%
=Together, before fees+0.176%+ Points / potential airdropGRVT: Active · Hyperliquid: Season 2 · farm board+$18 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: Hyperliquid is 0.313% cheaper against GRVT than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SEI_USDT_Perp | 0.05956 | 0.0100 | pay 0.0100% / 8h | 37m 24s | $203K | $1.5M | 10x |
| Short | Hyperliquid SEI | 0.05942 | 0.0100 | get 0.0013% / 1h | 37m 24s | $3.5M | $6.5M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: −0.242% → +0.071%
- −$31.29
- Slippage, 4 orders
- −$38.52
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$87.81
- Costs to cover
- 0.565%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 min ago; Hyperliquid: 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 | 1.68 bp | 15.8 bp −$16 | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 1.35 bp | 12.5 bp −$13 | 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 | 0.05943 | −0.221% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0028% | 8h | 0.05945 | −0.184% | $317K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05936 | −0.340% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05945 | −0.189% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05944 | −0.205% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05943 | −0.222% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.05942 | −0.242% | $3.5M | $6.5M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05942 | −0.232% | $310K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05936 | −0.340% | $14.0M | $125.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05928 | −0.474% | $14.0M | $36.0M | 50x | 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 | 0.05930 | −0.440% | $3.1M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05945 | −0.189% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05936 | −0.340% | $29.0M | $25.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05937 | −0.323% | $6.2M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05936 | −0.340% | $9.3M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05933 | −0.390% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05945 | −0.189% | $118K | $564K | 10x | as long as short |
| GRVT SEI_USDT_Perplong | +0.0100% | 8h | 0.05956 | long leg | $203K | $1.5M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | −0.105% | $108K | $673K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05964 | +0.130% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05937 | −0.327% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05947 | −0.155% | $707K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0323% | 1h | 0.05943 | −0.226% | $367K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05920 | −0.608% | $33K | $207K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05932 | −0.411% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05939 | −0.289% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2753% | 1h | 0.05940 | −0.273% | $101K | $2K | 5x | as long as short |
GRVT SEI_USDT_Perp
Hyperliquid SEI
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Aster SEIUSDT
Binance SEIUSDT
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
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Injective SEI/USDC PERP