Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against BloFin+0.049%82s7-day average −0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as 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−$540.540% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.049%, 7d avg −0.069%
=The price spread pays, funding is against you. Bybit is 0.119% dearer against BloFin than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.069%): +$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. At the pace of the last 7 days (−0.114% in total) that is about 7.3 days. The two prices were read 82 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 | 0.06080 | 0.0220 | pay 0.0220% / 8h | 7h 35m | $749K | $1.6M | 75x |
| Short | Bybit SEIUSDT | 0.06083 | 0.0100 | get 0.0100% / 8h | 7h 35m | $14.6M | $34.2M | 50x |
BloFin SEI-USDT
Bybit SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.049% → −0.069%
- $11.85
- Slippage, 4 orders
- −$30.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$67.32
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Bybit: live order book, 3 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 | 6.58 bp | 13.3 bp −$13 | 21.9 bp −$219 | 68.2 bp −$6,825 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.83 bp | 12.2 bp −$12 | 33.2 bp −$332 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SEI/USDC PERP | −0.0302% | 1h | 0.06110 | +0.493% | $9K | $40K | 12x | as long as short |
| Variational Omni SEI | −0.0099% | 8h | 0.06084 | +0.074% | $321K | $173K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06089 | +0.148% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06090 | +0.164% | $385 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06094 | +0.230% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06093 | +0.207% | $3.8M | $4.8M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06093 | +0.219% | $335K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06088 | +0.132% | $14.8M | $122.9M | 75x | as long as short |
| Bybit SEIUSDTshort | +0.0100% | 8h | 0.06083 | +0.049% | $14.6M | $34.2M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06086 | +0.099% | $3.5M | $36.4M | 50x | as long as short |
Injective SEI/USDC PERP
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
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 | 0.06091 | +0.181% | $1.1M | $3.0M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06089 | +0.148% | $40.3M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06094 | +0.230% | $6.9M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06090 | +0.164% | $9.8M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06087 | +0.115% | — | $16.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06093 | +0.214% | $120K | $697K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06047 | −0.548% | $209K | $2.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06050 | −0.493% | $101K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06087 | +0.115% | $2K | $261K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06104 | +0.395% | $23K | $3.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06090 | +0.163% | $68K | $436K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.06080 | 0.000% | $66K | $265K | 50x | as long as short |
| BloFin SEI-USDTlong | +0.0220% | 8h | 0.06080 | long leg | $749K | $1.6M | 75x | |
| Kraken Futures PF_SEIUSD | +0.0267% | 1h | 0.06088 | +0.134% | $371K | $1.7M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0276% / S −0.2665% | 1h | 0.06090 | +0.163% | $12K | — | 100x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06091 | +0.173% | $116 | — | 20x | as long as short |
| dYdX SEI-USD | +0.1070% | 1h | 0.06088 | +0.139% | $104K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
Kraken Futures PF_SEIUSD
GMX SEI/USD [ETH-USDC]
Reya SEIRUSDPERP
dYdX SEI-USD