Funding you earn now, next payment 08:00 UTC−0.0265%/8h= −29.0% APRpaid last 24h −0.036%
Price spread now: OKX against BloFin−0.447%93s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$560.557% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)+0.426%+$43 · spread now −0.447%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and OKX is 0.416% cheaper against BloFin than usual: you would sell low and buy high (−$42 if the spread goes back to its 7-day average of −0.031%). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% 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 21m | $727K | $1.4M | 75x |
| Short | OKX SEI-USDT-SWAP | 0.06016 | 0.0100 | get 0.0050% / 4h | 1h 21m | $3.3M | $36.1M | 50x |
BloFin SEI-USDT
OKX SEI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.447% → −0.031%
- −$41.57
- Slippage, 4 orders
- −$33.67
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$152.91
- Costs to cover
- 0.557%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; OKX: 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, 6 min ago | 0.84 bp | 8.0 bp −$8 | 12.7 bp −$127 | 59.9 bp −$5,989 | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.83 bp | 16.1 bp −$16 | 44.4 bp −$444 | 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 +0.0054% / S −0.0098% | 1h | 0.06018 | −0.412% | $3K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0082% | 1h | 0.06021 | −0.364% | $380 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06028 | −0.248% | $273K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06026 | −0.290% | $3.5M | $4.8M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06022 | −0.341% | $315K | $367K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06024 | −0.306% | $14.5M | $123.5M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06019 | −0.397% | $14.2M | $33.9M | 50x | as long as short |
| OKX SEI-USDT-SWAPshort | +0.0100% | 4h | 0.06016 | −0.447% | $3.3M | $36.1M | 50x |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06018 | −0.414% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06022 | −0.348% | $36.2M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06021 | −0.364% | $6.6M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06023 | −0.331% | $9.7M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06019 | −0.397% | — | $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 SEIUSDT | +0.0100% | 1h | 0.05970 | −1.208% | $101K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06019 | −0.397% | $2K | $163K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06028 | −0.248% | $22K | $3.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06019 | −0.400% | $76K | $367K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0213% | 1h | 0.06021 | −0.364% | $112K | $649K | 10x | 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 | +0.0348% | 1h | 0.06017 | −0.425% | $369K | $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 | +0.2130% | 1h | 0.06020 | −0.373% | $103K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERP
dYdX SEI-USD