Funding you earn now, next payment 00:00 UTC+0.0104%/8h= +11.3% APRnext payment +$1.04 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Variational Omni+0.024%74s7-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)0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now +0.024%, 7d avg +0.055%
=Together, before fees−0.021%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.031% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.024% now, against its 7-day average of +0.055%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (0.000% in total) that is about 12 months. The two prices were read 74 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 | Variational Omni SEI | 0.05885 | −0.0004 | get 0.0004% / 8h | 1h 00m | $311K | $232K | — |
| Short | GRVT SEI_USDT_Perp | 0.05887 | 0.0100 | get 0.0100% / 8h | 1h 00m | $209K | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $21.75
- Price spread: +0.024% → +0.055%
- −$3.13
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $9.62
- Costs to cover
- 0.090%
- Break-even
- 3.9 days
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; GRVT: live order book, 3 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, 19 min ago | 4.26 bp | doesn't fit | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 0.85 bp | 23.4 bp −$23 | 41.7 bp −$417 | 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 | 0.05895 | +0.170% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05896 | +0.182% | $8K | — | 150x | as long as short |
| Variational Omni SEIlong | −0.0004% | 8h | 0.05885 | long leg | $311K | $232K | — | |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05898 | +0.217% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05899 | +0.234% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05897 | +0.200% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05901 | +0.268% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05898 | +0.225% | $308K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05898 | +0.211% | $13.7M | $125.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05891 | +0.098% | $13.9M | $36.1M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05892 | +0.115% | $3.0M | $39.7M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05895 | +0.166% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05897 | +0.200% | $28.9M | $26.2M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05897 | +0.200% | $6.7M | $14.1M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05897 | +0.200% | $9.3M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05895 | +0.166% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05899 | +0.234% | $118K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perpshort | +0.0100% | 8h | 0.05887 | +0.024% | $209K | $1.5M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05890 | +0.081% | $107K | $667K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05901 | +0.268% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05896 | +0.185% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0189% | 1h | 0.05898 | +0.223% | $372K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05899 | +0.234% | $33K | $207K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05898 | +0.217% | $695K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05898 | +0.212% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05883 | −0.037% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2694% | 1h | 0.05896 | +0.185% | $101K | $2K | 5x | as long as short |
Variational Omni SEI
GRVT SEI_USDT_Perp
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Injective SEI/USDC PERP