Funding you earn now, next payment 22:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.021%
Price spread now: Backpack against Variational Omni−0.104%7-day average +0.159% · 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)+0.075%+$7 on $10k
+Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.104%, 7d avg +0.159%
=Together, before fees+0.068%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Backpack is 0.263% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.104% now, against its 7-day average of +0.159%). If the spread goes back, that is −$26 on $10k: about 12 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SEI | 0.05933 | 0.0028 | pay 0.0028% / 8h | 2h 18m | $315K | $240K | — |
| Short | Backpack SEI_USDC_PERP | 0.05927 | 0.0100 | get 0.0013% / 1h | 18m 31s | $119K | $561K | 10x |
Variational Omni SEI
Backpack SEI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Variational Omni. 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
- $15.1
- Price spread: −0.104% → +0.159%
- −$26.34
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$21.24
- Costs to cover
- 0.100%
- Break-even
- 16.8 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Backpack: live order book, 5 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 Variational Omni RFQ quote, 5 min ago | 4.20 bp | doesn't fit | 37.8 bp −$378 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 5 min ago | 0.84 bp | 8.8 bp −$9 | 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 | 0.05926 | −0.126% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.452% | $33K | $209K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05927 | −0.098% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05928 | −0.087% | $20K | $62K | 25x | as long as short |
| Variational Omni SEIlong | +0.0028% | 8h | 0.05933 | long leg | $315K | $240K | — | |
| Lighter SEI | +0.0096% | 1h | 0.05932 | −0.020% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05926 | −0.121% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05943 | +0.159% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05932 | −0.027% | $310K | $371K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05938 | +0.074% | $13.8M | $127.4M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
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 | 0.05934 | +0.014% | $14.0M | $36.3M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05937 | +0.064% | $3.0M | $40.2M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05924 | −0.155% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05931 | −0.037% | $29.4M | $26.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05930 | −0.053% | $7.1M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05938 | +0.081% | $9.3M | $17.2M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05931 | −0.037% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERPshort | +0.0100% | 1h | 0.05927 | −0.104% | $119K | $561K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05944 | +0.183% | $211K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.115% | $108K | $670K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05944 | +0.182% | $23K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05932 | −0.014% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05928 | −0.079% | $376K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05925 | −0.138% | $707K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05934 | +0.015% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05963 | +0.503% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2248% | 1h | 0.05929 | −0.066% | $101K | $2K | 5x | as long as short |
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
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