Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Gate against BloFin−0.135%48s7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as 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−$580.576% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.135%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.114% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.021%). Swap the legs. The two prices were read 48 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 | 0.05911 | 0.0220 | pay 0.0220% / 8h | 2h 06m | $710K | $1.2M | 75x |
| Short | Gate SEI_USDT | 0.05903 | 0.0100 | get 0.0100% / 8h | 2h 06m | $1.1M | $3.6M | 75x |
BloFin SEI-USDT
Gate SEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.135% → −0.021%
- −$11.43
- Slippage, 4 orders
- −$30.58
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$94.21
- Costs to cover
- 0.576%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; Gate: live order book, 2 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, 1 min ago | 1.69 bp | 10.4 bp −$10 | 19.6 bp −$196 | 68.6 bp −$6,860 | doesn't fit |
| Sell Gate live order book, 2 min ago | 5.92 bp | 20.4 bp −$20 | 52.4 bp −$524 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05901 | −0.162% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.829% | $33K | $209K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05902 | −0.147% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05914 | +0.051% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0018% | 8h | 0.05885 | −0.434% | $312K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05905 | −0.102% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05902 | −0.152% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05905 | −0.095% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05908 | −0.049% | $309K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05903 | −0.136% | $13.7M | $126.9M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05898 | −0.220% | $13.9M | $36.2M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05900 | −0.186% | $3.0M | $39.9M | 50x | as long as short |
| Gate SEI_USDTshort | +0.0100% | 8h | 0.05903 | −0.135% | $1.1M | $3.6M | 75x | |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05901 | −0.169% | $29.1M | $26.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05901 | −0.169% | $6.9M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05902 | −0.152% | $9.3M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05901 | −0.169% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05914 | +0.051% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05915 | +0.068% | $210K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05910 | −0.017% | $108K | $667K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05924 | +0.220% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05902 | −0.148% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0214% | 1h | 0.05912 | +0.024% | $374K | $1.6M | 50x | as long as short |
| BloFin SEI-USDTlong | +0.0220% | 8h | 0.05911 | long leg | $710K | $1.2M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05901 | −0.161% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05911 | 0.000% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2246% | 1h | 0.05903 | −0.140% | $101K | $2K | 5x | as long as short |
Bybit SEIUSDT
OKX SEI-USDT-SWAP
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
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD