Funding you earn now, next payment 08:00 UTC−0.0309%/8h= −33.8% APRnext payment −$3.09 per $10,000 · paid last 24h −0.031%
Price spread now: Variational Omni against GRVT−0.092%7-day average −0.200% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.092%, 7d avg −0.200%
=Together, before fees+0.050%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.108% dearer against GRVT than usual: you sell high and buy low (spread −0.092% now, against its 7-day average of −0.200%): +$11 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 4 days (−0.040% in total) that is about 9.5 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.040% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.09 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SEI_USDT_Perp | 0.05995 | 0.0100 | pay 0.0100% / 8h | 3h 32m | $212K | $2.1M | 10x |
| Short | Variational Omni SEI | 0.05990 | −0.0209 | pay 0.0209% / 8h | 3h 32m | $319K | $187K | — |
GRVT SEI_USDT_Perp
Variational Omni SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$64.8
- Price spread: −0.092% → −0.200%
- $10.8
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$63
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 1 min ago; Variational Omni: RFQ quote, 21 min ago. 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, 1 min ago | 1.67 bp | 33.6 bp −$34 | 56.3 bp −$563 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 21 min ago | 4.16 bp | doesn't fit | 17.5 bp −$175 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEIshort | −0.0209% | 8h | 0.05990 | −0.092% | $319K | $187K | — | |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05981 | −0.241% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05983 | −0.208% | $10K | $72K | 25x | as long as short |
| Bybit SEIUSDT | +0.0033% | 8h | 0.05973 | −0.375% | $14.3M | $36.3M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0044% / S +0.0079% | 1h | 0.05981 | −0.245% | $6K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05983 | −0.208% | $266K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05984 | −0.196% | $3.4M | $5.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05985 | −0.177% | $313K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05981 | −0.243% | $14.7M | $129.9M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05976 | −0.325% | $3.4M | $39.3M | 50x | as long as short |
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Bybit SEIUSDT
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.05981 | −0.241% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05982 | −0.225% | $34.7M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05984 | −0.191% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05982 | −0.225% | $9.9M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05980 | −0.258% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05984 | −0.191% | $108K | $632K | 10x | as long as short |
| GRVT SEI_USDT_Perplong | +0.0100% | 8h | 0.05995 | long leg | $212K | $2.1M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06000 | +0.076% | $103K | $669K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05981 | −0.241% | $2K | $56K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05990 | −0.091% | $22K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05981 | −0.237% | $76K | $547K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.05977 | −0.308% | $43K | $218K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05988 | −0.125% | $754K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0259% | 1h | 0.05984 | −0.195% | $374K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05980 | −0.255% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.05975 | −0.341% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1508% | 1h | 0.05977 | −0.300% | $102K | $2K | 5x | as long as short |
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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD