Funding you earn now, next payment 07:00 UTC−0.0265%/8h= −29.0% APRpaid last 24h −0.036%
Price spread now: ApeX Omni against BloFin−1.208%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+1.145%+$115 · spread now −1.208%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and ApeX Omni is 1.175% cheaper against BloFin than usual: you would sell low and buy high (−$117 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.1% a year). A funding rate is set anew for every payment. 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 | BloFin SEI-USDT | 0.06043 | 0.0365 | pay 0.0365% / 8h | 1h 22m | $727K | $1.4M | 75x |
| Short | ApeX Omni SEIUSDT | 0.05970 | 0.0100 | get 0.0013% / 1h | 22m 27s | $101K | $666K | 50x |
BloFin SEI-USDT
ApeX Omni SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against BloFin. 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
- −$55.66
- Price spread: −1.208% → −0.033%
- −$117.49
- Slippage, 4 orders
- −$80.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$275.17
- Costs to cover
- 1.020%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; ApeX Omni: live order book, 21 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 BloFin live order book, 5 min ago | 0.84 bp | 8.0 bp −$8 | 12.7 bp −$127 | 59.9 bp −$5,989 | doesn't fit |
| Sell ApeX Omni live order book, 21 min ago | 25.10 bp | 36.5 bp −$37 | 137.2 bp −$1,372 | 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 SEI | −0.0091% | 8h | 0.05995 | −0.787% | $314K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06040 | −0.056% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0053% / S −0.0096% | 1h | 0.06039 | −0.060% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06026 | −0.281% | $273K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06016 | −0.448% | $3.4M | $4.8M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06021 | −0.368% | $315K | $367K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06018 | −0.412% | $14.5M | $123.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06013 | −0.496% | $14.2M | $33.9M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06007 | −0.596% | $3.3M | $36.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06022 | −0.348% | $1.1M | $3.1M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit 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 | 0.06020 | −0.381% | $36.2M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06017 | −0.430% | $6.6M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06013 | −0.496% | $9.7M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06020 | −0.381% | — | $31.4M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05978 | −1.076% | $212K | $2.5M | 10x | as long as short |
| ApeX Omni SEIUSDTshort | +0.0100% | 1h | 0.05970 | −1.208% | $101K | $666K | 50x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06038 | −0.083% | $2K | $160K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06050 | +0.116% | $23K | $3.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06019 | −0.400% | $76K | $372K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0217% | 1h | 0.06040 | −0.050% | $112K | $649K | 10x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0247% | 1h | 0.06042 | −0.017% | $381 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0272% | 1h | 0.06030 | −0.215% | $43K | $232K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06012 | −0.516% | $115 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0347% | 1h | 0.06037 | −0.095% | $370K | $1.6M | 50x | as long as short |
| BloFin SEI-USDTlong | +0.0365% | 8h | 0.06043 | long leg | $727K | $1.4M | 75x | |
| Injective SEI/USDC PERP | +0.0402% | 1h | 0.06034 | −0.149% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.2151% | 1h | 0.06015 | −0.456% | $103K | $2K | 5x | as long as short |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERP
dYdX SEI-USD