Funding you earn now, next payment 00:00 UTC+0.1984%/8h= +217.3% APRpaid last 24h +0.474%
Price spread now: dYdX against Bybit−0.076%50s7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as 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−$3503.501% of the position
Funding, last 7 days+1.652%+$165 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.076%, 7d avg +0.032%
=Funding pays, the price is against you. dYdX is 0.108% cheaper against Bybit than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of +0.032%). If the spread goes back, that is −$11 on $10k: about 4 hours of funding at the current rate (+$60 a day). At the pace of the last 7 days (+1.652% in total) that is about 11 hours. The two prices were read 50 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 | Bybit SEIUSDT | 0.05926 | 0.0100 | pay 0.0100% / 8h | 18m 48s | $14.0M | $36.0M | 50x |
| Short | dYdX SEI-USD | 0.05921 | 0.2084 | get 0.0261% / 1h | 18m 48s | $101K | $2K | 5x |
Bybit SEIUSDT
dYdX SEI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Bybit. 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
- $416.66
- Price spread: −0.076% → +0.032%
- −$10.78
- Slippage, 4 orders
- −$329.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $55.77
- Costs to cover
- 3.501%
- Break-even
- 6.1 days
Slippage from Bybit: live order book, 5 min ago; dYdX: live order book, 60 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 Bybit live order book, 5 min ago | 0.85 bp | 12.0 bp −$12 | 25.0 bp −$250 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 60 min ago | 158.65 bp | 163.7 bp −$164 | 340.7 bp −$3,407 | 549.2 bp −$54.9K | 987.7 bp −$493.9K |
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 | 0.05937 | +0.189% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0059% | 8h | 0.05913 | −0.224% | $317K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05936 | +0.169% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0087% | 1h | 0.05939 | +0.219% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05935 | +0.152% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05938 | +0.202% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05935 | +0.159% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05933 | +0.119% | $310K | $363K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05932 | +0.101% | $14.1M | $126.5M | 75x | as long as short |
| Bybit SEIUSDTlong | +0.0100% | 8h | 0.05926 | long leg | $14.0M | $36.0M | 50x |
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
Binance 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 | 0.05930 | +0.067% | $3.1M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05930 | +0.067% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05935 | +0.152% | $34.7M | $26.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05934 | +0.135% | $6.2M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05933 | +0.118% | $9.3M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05931 | +0.084% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05936 | +0.169% | $117K | $565K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05929 | +0.045% | $202K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | +0.067% | $108K | $674K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05931 | +0.084% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05935 | +0.145% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05940 | +0.236% | $719K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0323% | 1h | 0.05938 | +0.210% | $368K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05922 | −0.067% | $33K | $207K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05936 | +0.167% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05913 | −0.219% | $8K | $43K | 12x | as long as short |
| dYdX SEI-USDshort | +0.2084% | 1h | 0.05921 | −0.076% | $101K | $2K | 5x |
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
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP