Funding you earn now, next payment 02:00 UTC+0.0216%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.074%
Price spread now: Reya against Backpack−0.204%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Reya is 0.204% cheaper against Backpack than usual: you would sell low and buy high (spread −0.204% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 3.1 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SEI_USDC_PERP | 0.05989 | 0.0130 | pay 0.0016% / 1h | 1m 13s | $119K | $569K | 10x |
| Short | Reya SEIRUSDPERP | 0.05977 | 0.0346 | get 0.0043% / 1h | 1m 13s | $114 | — | 20x |
Backpack SEI_USDC_PERP
Reya SEIRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $45.44
- Price spread: −0.204% → 0.000%
- −$20.41
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $9.02
- Costs to cover
- 0.160%
- Break-even
- 5.6 days
Slippage unknown: Backpack: live order book, 3 min ago; Reya: no order-book sample. 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 Backpack live order book, 3 min ago | 0.83 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 26 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 −0.0815% / S +0.0444% | 1h | 0.05980 | −0.152% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0121% | 8h | 0.05954 | −0.577% | $318K | $200K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05981 | −0.140% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05983 | −0.100% | $10K | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05977 | −0.200% | $34K | $207K | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05987 | −0.033% | $272K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05981 | −0.140% | $3.4M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05979 | −0.169% | $313K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05985 | −0.074% | $14.3M | $128.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05978 | −0.184% | $14.2M | $35.7M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05980 | −0.150% | $3.2M | $39.7M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05977 | −0.200% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05979 | −0.167% | $34.5M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05978 | −0.184% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05981 | −0.134% | $9.5M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05980 | −0.150% | — | $31.2M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05976 | −0.216% | $211K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05990 | +0.017% | $109K | $664K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05982 | −0.117% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05985 | −0.067% | $22K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05983 | −0.095% | $77K | $546K | 25x | as long as short |
| Backpack SEI_USDC_PERPlong | +0.0130% | 1h | 0.05989 | long leg | $119K | $569K | 10x | |
| Reya SEIRUSDPERPshort | +0.0346% | 1h | 0.05977 | −0.204% | $114 | — | 20x | |
| Kraken Futures PF_SEIUSD | +0.0375% | 1h | 0.05988 | −0.025% | $377K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0785% | 1h | 0.05981 | −0.129% | $102K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05978 | −0.184% | $9K | $43K | 12x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
dYdX SEI-USD
Injective SEI/USDC PERP