Funding you earn now, next payment 08:00 UTC+0.0226%/8h= +24.8% APRnext payment +$2.26 per $10,000 · paid last 24h +0.031%
Price spread now: Bybit against Variational Omni+0.931%7-day average +0.055% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)−1.245%−$124 · spread now +0.931%, 7d avg +0.055%
=Together, before fees−1.205%+ Points / potential airdropVariational Omni: Active · farm board−$120 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.876% dearer against Variational Omni than usual: you sell high and buy low: +$88 more if the spread goes back to its 7-day average of +0.055%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.040% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.26 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 | Variational Omni SEI | 0.06096 | −0.0126 | get 0.0126% / 8h | 5h 22m | $332K | $183K | — |
| Short | Bybit SEIUSDT | 0.06153 | 0.0100 | get 0.0100% / 8h | 5h 22m | $14.8M | $36.0M | 50x |
Variational Omni SEI
Bybit SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $47.5
- Price spread: +0.931% → +0.055%
- $87.59
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $124.1
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 42 min ago; Bybit: live order book, 2 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, 42 min ago | 4.18 bp | doesn't fit | 30.9 bp −$309 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.63 bp | 15.2 bp −$15 | 34.4 bp −$344 | 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 SEIlong | −0.0126% | 8h | 0.06096 | long leg | $332K | $183K | — | |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06159 | +1.037% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0005% / S +0.0179% | 1h | 0.06160 | +1.044% | $7K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06167 | +1.161% | $277K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06166 | +1.152% | $3.6M | $5.7M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06162 | +1.081% | $322K | $356K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06162 | +1.082% | $15.3M | $129.5M | 75x | as long as short |
| Bybit SEIUSDTshort | +0.0100% | 8h | 0.06153 | +0.931% | $14.8M | $36.0M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06160 | +1.046% | $3.5M | $40.8M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06159 | +1.029% | $1.2M | $3.5M | 75x | as long as short |
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.06161 | +1.062% | $36.9M | $28.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06162 | +1.079% | $6.6M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06170 | +1.210% | $9.9M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06160 | +1.046% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06150 | +0.882% | $116K | $600K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06103 | +0.111% | $210K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06140 | +0.718% | $111K | $665K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06163 | +1.095% | $2K | $96K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06171 | +1.226% | $24K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06166 | +1.138% | $78K | $548K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0128% | 1h | 0.06120 | +0.390% | $35K | $212K | 50x | as long as short |
| Injective SEI/USDC PERP | +0.0156% | 1h | 0.06142 | +0.750% | $9K | $43K | 12x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06141 | +0.734% | $763K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06158 | +1.016% | $118 | — | 20x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0400% | 1h | 0.06161 | +1.062% | $10K | $72K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0462% | 1h | 0.06166 | +1.151% | $384K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0738% | 1h | 0.06162 | +1.075% | $105K | $2K | 5x | as long as short |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
Injective SEI/USDC PERP
BloFin SEI-USDT
Reya SEIRUSDPERP
Deribit SEI_USDC-PERPETUAL
Kraken Futures PF_SEIUSD
dYdX SEI-USD