Settings8H · net · $10k
Funding arb · Price arb /

SEI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0237%/8h= −26.0% APRnext payment $2.37 per $10,000 · paid last 24h −0.031%
Price spread now: Variational Omni against BingX−0.225%7-day average −0.095% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.040%−$4 on $10k
Price spread, last 4 days (all we have)+0.288%+$29 · spread now −0.225%, 7d avg −0.095%
Together, before fees+0.248%+ Points / potential airdropVariational Omni: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.130% cheaper against BingX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.040% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.37 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SEI-USDT0.059880.0100pay 0.0100% / 8h2h 15m$31.4M
ShortVariational Omni SEI0.05975−0.0137pay 0.0137% / 8h2h 15m$321K$175K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$49.86
Price spread: −0.225% → −0.095%
−$12.99
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$72.84
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 8 min ago; Variational Omni: RFQ quote, 34 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago1.69 bp11.4 bp −$1123.8 bp −$23890.5 bp −$9,053399.7 bp −$199.8K
Sell Variational Omni RFQ quote, 34 min ago5.04 bpdoesn't fit26.9 bp −$269doesn't fitdoesn't fit

SEI on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SEIshort−0.0137%8h0.05975−0.225%$321K$175K
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05990+0.042%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0016% / S +0.0017%1h0.05991+0.050%$3K100xas long as short
Deribit SEI_USDC-PERPETUAL+0.0084%1h0.05994+0.100%$378$72K25xas long as short
Lighter SEI+0.0096%1h0.05994+0.100%$272K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05989+0.012%$3.4M$5.0M5xas long as short
Aster SEIUSDT+0.0100%8h0.05996+0.130%$313K$360K20xas long as short
Binance SEIUSDT+0.0100%8h0.05991+0.045%$14.4M$126.8M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05986−0.033%$14.2M$34.5M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05990+0.033%$3.4M$36.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.059880.000%$1.1M$3.1M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05991+0.050%$35.0M$27.9M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05992+0.067%$6.5M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05991+0.050%$9.7M$16.7M75xas long as short
BingX SEI-USDTlong+0.0100%8h0.05988long leg$31.4M
Backpack SEI_USDC_PERP+0.0100%1h0.059880.000%$107K$648K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06009+0.351%$205K$2.3M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06000+0.200%$102K$672K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05992+0.067%$2K$117K20xas long as short
SunX SEI-USDT+0.0100%8h0.06001+0.217%$22K$3.9M30xas long as short
Extended SEI-USD+0.0104%1h0.05990+0.032%$76K$561K25xas long as short
Coinbase International SEI-PERP-INTX+0.0280%1h0.05990+0.033%$43K$229K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05984−0.066%$11420xas long as short
BloFin SEI-USDT+0.0369%8h0.05996+0.134%$720K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0410%1h0.06007+0.317%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0537%1h0.05990+0.025%$362K$1.6M50xas long as short
dYdX SEI-USD+0.1241%1h0.05986−0.034%$102K$2K5xas long as short