Funding you earn now, next payment 22:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.12 per $10,000 · paid last 24h −0.112%
Price spread now: Coinbase International against Hyperliquid+0.892%7-day average −0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs+$31as in the Price arb table
costs, in and out, $10k−$670.667% of the position
Funding, last 7 days−0.567%−$57 on $10k
+Price spread, last 3 days (all we have)−1.101%−$110 · spread now +0.892%, 7d avg −0.083%
=Together, before fees−1.668%+ Points / potential airdropHyperliquid: Season 2 · farm board−$167 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.975% dearer against Hyperliquid than usual: you sell high and buy low: +$98 more if the spread goes back to its 7-day average of −0.083%. Mind the row above: over the last 7 days funding on this pair cost −0.567%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SEI | 0.05907 | 0.0100 | pay 0.0013% / 1h | 40m 50s | $3.4M | $6.6M | 5x |
| Short | Coinbase International SEI-PERP-INTX | 0.05960 | 0.0192 | get 0.0024% / 1h | 40m 50s | $33K | $209K | 50x |
Hyperliquid SEI
Coinbase International SEI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Hyperliquid. 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
- $19.32
- Price spread: +0.892% → −0.083%
- $97.54
- Slippage, 4 orders
- −$47.71
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $50.15
- Costs to cover
- 0.667%
- Break-even
- from the start
Slippage from Hyperliquid: live order book, 11 min ago; Coinbase International: live order book, 42 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 Hyperliquid live order book, 11 min ago | 0.42 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 42 min ago | 15.98 bp | 24.0 bp −$24 | 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 | 0.05901 | −0.112% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05903 | −0.074% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05901 | −0.107% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0018% | 8h | 0.05886 | −0.362% | $312K | $222K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05906 | −0.022% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05901 | −0.107% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEIlong | +0.0100% | 1h | 0.05907 | long leg | $3.4M | $6.6M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05909 | +0.033% | $309K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05904 | −0.056% | $13.7M | $126.2M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05899 | −0.141% | $13.9M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Aster SEIUSDT
Binance SEIUSDT
Bybit 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 | 0.05899 | −0.141% | $3.0M | $39.8M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05904 | −0.056% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05904 | −0.056% | $28.8M | $26.0M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05904 | −0.056% | $6.7M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05903 | −0.073% | $9.3M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05902 | −0.090% | — | $33.1M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05906 | −0.022% | $119K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05904 | −0.064% | $208K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05900 | −0.124% | $107K | $667K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05914 | +0.113% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05903 | −0.075% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0189% | 1h | 0.05905 | −0.037% | $375K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTXshort | +0.0192% | 1h | 0.05960 | +0.892% | $33K | $209K | 50x | |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05902 | −0.090% | $697K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05902 | −0.090% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05933 | +0.435% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2697% | 1h | 0.05909 | +0.027% | $101K | $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
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD