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

SEI

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0744%/8h= +81.5% APRpaid last 24h −0.022%
Price spread now: Injective against GRVT−0.369%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−2.059%−$206 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
Funding pays, the price is against you. Injective is 0.369% cheaper against GRVT than usual: you would sell low and buy high (spread −0.369% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 40 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 7 days funding on this pair cost −2.059%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SEI_USDT_Perp0.059650.0100pay 0.0100% / 8h6h 08m$202K$1.7M10x
ShortInjective SEI/USDC PERP0.059430.0844get 0.0106% / 1h8m 24s$9K$43K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$156.3
Price spread: −0.369% → 0.000%
−$36.88
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$110.4
Costs to cover
0.090%
Break-even
2.1 days
Slippage unknown: GRVT: live order book, 5 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 5 min ago0.84 bp17.8 bp −$1830.7 bp −$307doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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 26 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
GMX SEI/USD [ETH-USDC]L −0.0815% / S +0.0444%1h0.05963−0.035%$23K100xas long as short
Variational Omni SEI−0.0123%8h0.05957−0.126%$318K$208Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05963−0.041%150xas long as short
Coinbase International SEI-PERP-INTX+0.0048%1h0.05977+0.201%$34K$207K50xas long as short
Lighter SEI+0.0096%1h0.05958−0.117%$270K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.05963−0.027%$3.4M$5.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.05956−0.151%$312K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.05965+0.001%$14.3M$128.6M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05958−0.117%$14.1M$35.8M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05961−0.067%$3.2M$39.7M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05959−0.101%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05962−0.050%$34.5M$28.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05959−0.101%$6.3M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.059650.000%$9.5M$16.6M75xas long as short
BingX SEI-USDT+0.0100%8h0.05957−0.134%$31.3Mas long as short
GRVT SEI_USDT_Perplong+0.0100%8h0.05965long leg$202K$1.7M10x
ApeX Omni SEIUSDT+0.0100%1h0.05960−0.084%$109K$668K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.059650.000%$2K$97K20xas long as short
SunX SEI-USDT+0.0100%8h0.05970+0.084%$23K$4.4M30xas long as short
Backpack SEI_USDC_PERP+0.0103%1h0.05951−0.235%$118K$572K10xas long as short
Extended SEI-USD+0.0104%1h0.05955−0.171%$79K$546K25xas long as short
Deribit SEI_USDC-PERPETUAL+0.0253%1h0.05966+0.017%$10K$72K25xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05961−0.063%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0377%1h0.05953−0.204%$375K$1.6M50xas long as short
dYdX SEI-USD+0.0766%1h0.05956−0.154%$102K$2K5xas long as short
Injective SEI/USDC PERPshort+0.0844%1h0.05943−0.369%$9K$43K12x