Funding you earn now, next payment 05:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.013%
Price spread now: Hyperliquid against BloFin−0.316%67s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as 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−$450.446% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.339%+$34 · spread now −0.316%, 7d avg +0.011%
=Together, before fees+0.337%+ Points / potential airdropHyperliquid: Season 2 · farm board+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Hyperliquid is 0.327% cheaper against BloFin than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of +0.011%). Swap the legs. The two prices were read 67 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 | 0.06040 | 0.0220 | pay 0.0220% / 8h | 3h 53m | $757K | $1.3M | 75x |
| Short | Hyperliquid SEI | 0.06021 | 0.0100 | get 0.0013% / 1h | 53m 57s | $3.5M | $5.4M | 5x |
BloFin SEI-USDT
Hyperliquid SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: −0.316% → +0.011%
- −$32.72
- Slippage, 4 orders
- −$23.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$102.55
- Costs to cover
- 0.446%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Hyperliquid: live order book, 8 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, 3 min ago | 0.83 bp | 14.7 bp −$15 | 25.2 bp −$252 | 72.6 bp −$7,264 | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.74 bp | 11.8 bp −$12 | doesn't fit | 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 | −0.0201% | 8h | 0.06002 | −0.622% | $320K | $187K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06018 | −0.356% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06015 | −0.414% | $10K | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0042% / S +0.0098% | 1h | 0.06017 | −0.387% | $6K | — | 100x | as long as short |
| Bybit SEIUSDT | +0.0045% | 8h | 0.06018 | −0.364% | $14.4M | $36.3M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06017 | −0.381% | $269K | $1.1M | 10x | as long as short |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.06021 | −0.316% | $3.5M | $5.4M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.06021 | −0.318% | $315K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06025 | −0.253% | $14.8M | $130.5M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06023 | −0.281% | $3.4M | $40.0M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Lighter 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 | 0.06019 | −0.348% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06028 | −0.199% | $35.2M | $28.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06029 | −0.182% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06028 | −0.199% | $9.9M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06024 | −0.265% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06018 | −0.364% | $107K | $629K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06013 | −0.445% | $208K | $2.0M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06020 | −0.331% | $108K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06012 | −0.464% | $2K | $50K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06035 | −0.083% | $23K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06026 | −0.235% | $76K | $550K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.06010 | −0.497% | $43K | $217K | 50x | as long as short |
| BloFin SEI-USDTlong | +0.0220% | 8h | 0.06040 | long leg | $757K | $1.3M | 75x | |
| Kraken Futures PF_SEIUSD | +0.0257% | 1h | 0.06018 | −0.358% | $371K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06020 | −0.331% | $115 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.06053 | +0.215% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1919% | 1h | 0.06037 | −0.051% | $103K | $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
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD