Funding you earn now, next payment 00:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.80 per $10,000 · paid last 24h −0.020%
Price spread now: Variational Omni against Orderly−0.304%7-day average −0.106% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)+0.310%+$31 · spread now −0.304%, 7d avg −0.106%
=Together, before fees+0.288%+ Points / potential airdropVariational Omni: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.198% cheaper against Orderly than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.106%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SEI_USDC | 0.05921 | 0.0099 | pay 0.0099% / 8h | 1h 55m | $2K | $111K | 20x |
| Short | Variational Omni SEI | 0.05903 | 0.0019 | get 0.0019% / 8h | 1h 55m | $314K | $240K | — |
Orderly PERP_SEI_USDC
Variational Omni SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Orderly. 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
- −$16.8
- Price spread: −0.304% → −0.106%
- −$19.83
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$42.63
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 29 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 29 min ago | 4.20 bp | doesn't fit | 17.6 bp −$176 | doesn't fit | doesn't fit |
Orderly: 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 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 | 0.05920 | −0.014% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05920 | −0.016% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05922 | +0.017% | $20K | $62K | 25x | as long as short |
| Variational Omni SEIshort | +0.0019% | 8h | 0.05903 | −0.304% | $314K | $240K | — | |
| Lighter SEI | +0.0096% | 1h | 0.05919 | −0.034% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDClong | +0.0099% | 8h | 0.05921 | long leg | $2K | $111K | 20x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05926 | +0.090% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05919 | −0.030% | $309K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05921 | 0.000% | $13.7M | $126.5M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05918 | −0.051% | $13.9M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
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 | 0.05920 | −0.017% | $3.0M | $40.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05918 | −0.051% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05922 | +0.017% | $29.2M | $25.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05922 | +0.017% | $7.0M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05924 | +0.051% | $9.3M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05918 | −0.051% | — | $33.1M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05915 | −0.101% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05907 | −0.235% | $209K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05910 | −0.186% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05931 | +0.169% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05920 | −0.024% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0189% | 1h | 0.05921 | −0.004% | $375K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05960 | +0.659% | $33K | $209K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05919 | −0.034% | $702K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05922 | +0.019% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05940 | +0.321% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2733% | 1h | 0.05918 | −0.047% | $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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD