Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin+0.101%61s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$350.347% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)−0.108%−$11 · spread now +0.101%, 7d avg −0.017%
=The price spread pays, funding is against you. Binance is 0.118% dearer against BloFin than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of −0.017%): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.3 days. The two prices were read 61 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 | BloFin SEI-USDT | 0.05917 | 0.0220 | pay 0.0220% / 8h | 7h 30m | $723K | $1.2M | 75x |
| Short | Binance SEIUSDT | 0.05923 | 0.0100 | get 0.0100% / 8h | 7h 30m | $14.3M | $127.2M | 75x |
BloFin SEI-USDT
Binance SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$25.2
- Price spread: +0.101% → −0.017%
- $11.84
- Slippage, 4 orders
- −$12.67
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$48.03
- Costs to cover
- 0.347%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Binance: live order book, 13 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, 2 min ago | 0.85 bp | 6.8 bp −$7 | 13.2 bp −$132 | 52.9 bp −$5,292 | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.85 bp | 9.5 bp −$10 | 23.5 bp −$235 | 99.5 bp −$9,948 | 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 | 0.05919 | +0.032% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0103% | 8h | 0.05911 | −0.108% | $316K | $215K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05919 | +0.031% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0088% | 1h | 0.05921 | +0.068% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05925 | +0.135% | $270K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05919 | +0.034% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05928 | +0.186% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05919 | +0.028% | $310K | $349K | 20x | as long as short |
| Binance SEIUSDTshort | +0.0100% | 8h | 0.05923 | +0.101% | $14.3M | $127.2M | 75x | |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05916 | −0.017% | $13.9M | $35.8M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Bybit SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05917 | 0.000% | $3.1M | $39.4M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05919 | +0.034% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05923 | +0.101% | $33.2M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05921 | +0.068% | $6.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05922 | +0.085% | $9.3M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05919 | +0.034% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05926 | +0.152% | $116K | $559K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05914 | −0.059% | $207K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05910 | −0.118% | $108K | $672K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05927 | +0.169% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05919 | +0.038% | $75K | $555K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05900 | −0.287% | $34K | $204K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0180% | 1h | 0.05923 | +0.096% | $365K | $1.6M | 50x | as long as short |
| BloFin SEI-USDTlong | +0.0220% | 8h | 0.05917 | long leg | $723K | $1.2M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05917 | −0.003% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05951 | +0.575% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1096% | 1h | 0.05913 | −0.070% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD