Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: BingX against Backpack−0.081%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.081%, 7d avg −0.069%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SEI_USDC_PERP | 0.06149 | 0.0100 | pay 0.0013% / 1h | 17m 51s | $121K | $692K | 10x |
| Short | BingX SEI-USDT | 0.06144 | 0.0100 | get 0.0100% / 8h | 7h 17m | — | $16.3M | — |
Backpack SEI_USDC_PERP
BingX SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Backpack. 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
- $0
- Price spread: −0.081% → −0.069%
- −$1.23
- Slippage, 4 orders
- −$27.14
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$48.37
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 16 min ago; BingX: live order book, 6 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 Backpack live order book, 16 min ago | 0.83 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 3.26 bp | 14.7 bp −$15 | 27.5 bp −$275 | 83.7 bp −$8,369 | 386.7 bp −$193.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SEI/USDC PERP | −0.0302% | 1h | 0.06119 | −0.488% | $9K | $40K | 12x | as long as short |
| Variational Omni SEI | −0.0108% | 8h | 0.06140 | −0.153% | $331K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06147 | −0.033% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06148 | −0.016% | $388 | $72K | 25x | as long as short |
| Bybit SEIUSDT | +0.0060% | 8h | 0.06142 | −0.114% | $14.7M | $34.0M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06148 | −0.016% | $274K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06150 | +0.013% | $3.8M | $4.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06149 | +0.004% | $338K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06146 | −0.049% | $14.9M | $121.6M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06144 | −0.081% | $3.5M | $36.3M | 50x | as long as short |
Injective SEI/USDC PERP
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Bybit SEIUSDT
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06147 | −0.033% | $1.1M | $3.0M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06146 | −0.049% | $32.5M | $28.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06148 | −0.016% | $6.9M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06146 | −0.049% | $9.9M | $16.9M | 75x | as long as short |
| BingX SEI-USDTshort | +0.0100% | 8h | 0.06144 | −0.081% | — | $16.3M | — | |
| Backpack SEI_USDC_PERPlong | +0.0100% | 1h | 0.06149 | long leg | $121K | $692K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06146 | −0.055% | $209K | $2.8M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06150 | +0.016% | $103K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06148 | −0.016% | $2K | $270K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06152 | +0.049% | $23K | $3.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06142 | −0.122% | $68K | $438K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0191% / S −0.0553% | 1h | 0.06146 | −0.046% | $3K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.06141 | −0.130% | $68K | $269K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06146 | −0.049% | $746K | $1.6M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0264% | 1h | 0.06151 | +0.035% | $375K | $1.7M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06144 | −0.079% | $117 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0991% | 1h | 0.06149 | −0.007% | $105K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
dYdX SEI-USD