Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against OKX+0.101%73s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.502% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.101%, 7d avg +0.028%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.073% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.028%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SEI-USDT-SWAP | 0.05930 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $3.0M | $40.3M | 50x |
| Short | BloFin SEI-USDT | 0.05936 | 0.0220 | get 0.0220% / 8h | 2h 32m | $715K | $1.3M | 75x |
OKX SEI-USDT-SWAP
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $25.2
- Price spread: +0.101% → +0.028%
- $7.34
- Slippage, 4 orders
- −$28.22
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$17.69
- Costs to cover
- 0.502%
- Break-even
- 11.9 days
Slippage from OKX: live order book, 2 min ago; BloFin: 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 OKX live order book, 2 min ago | 0.84 bp | 12.9 bp −$13 | 38.1 bp −$381 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.53 bp | 10.4 bp −$10 | 19.0 bp −$190 | 61.2 bp −$6,121 | 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 | 0.05931 | +0.015% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.506% | $33K | $210K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05931 | +0.023% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05929 | −0.017% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0036% | 8h | 0.05924 | −0.096% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05930 | 0.000% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05928 | −0.034% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05930 | +0.003% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05930 | 0.000% | $310K | $371K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05933 | +0.050% | $13.8M | $128.3M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05928 | −0.034% | $13.9M | $36.5M | 50x | as long as short |
| OKX SEI-USDT-SWAPlong | +0.0100% | 4h | 0.05930 | long leg | $3.0M | $40.3M | 50x | |
| Gate SEI_USDT | +0.0100% | 8h | 0.05930 | 0.000% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05928 | −0.034% | $29.5M | $26.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05932 | +0.034% | $7.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05926 | −0.067% | $9.3M | $17.2M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05928 | −0.034% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05929 | −0.017% | $118K | $564K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05938 | +0.135% | $200K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.169% | $108K | $669K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05942 | +0.202% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05927 | −0.053% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05928 | −0.029% | $376K | $1.7M | 50x | as long as short |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.05936 | +0.101% | $715K | $1.3M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05932 | +0.038% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05969 | +0.658% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.1979% | 1h | 0.05935 | +0.083% | $101K | $2K | 5x | as long as short |
Bybit SEIUSDT
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
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD