Funding you earn now, next payment 03:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.067%
Price spread now: ApeX Omni against Coinbase International−0.960%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$1711.711% of the position
Funding, last 7 days+0.596%+$60 on $10k
+Price spread, last 4 days (all we have)+1.001%+$100 · spread now −0.960%, 7d avg +0.038%
=Funding pays, the price is against you. ApeX Omni is 0.997% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.960% now, against its 7-day average of +0.038%). If the spread goes back, that is −$100 on $10k: about 25 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.596% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SEI-PERP-INTX | 0.06149 | −0.0032 | get 0.0004% / 1h | 15m 18s | $43K | $221K | 50x |
| Short | ApeX Omni SEIUSDT | 0.06090 | 0.0100 | get 0.0013% / 1h | 15m 18s | $110K | $667K | 50x |
Coinbase International SEI-PERP-INTX
ApeX Omni SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- $27.72
- Price spread: −0.960% → +0.038%
- −$99.71
- Slippage, 4 orders
- −$151.12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$243.1
- Costs to cover
- 1.711%
- Break-even
- 68.4 days
Slippage from Coinbase International: live order book, 43 min ago; ApeX Omni: live order book, 43 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 Coinbase International live order book, 43 min ago | 15.58 bp | 56.6 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 43 min ago | 16.39 bp | 27.1 bp −$27 | 131.9 bp −$1,319 | 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 | −0.0209% | 8h | 0.06074 | −1.213% | $324K | $187K | — | as long as short |
| Coinbase International SEI-PERP-INTXlong | −0.0032% | 1h | 0.06149 | long leg | $43K | $221K | 50x | |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06083 | −1.073% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06083 | −1.073% | $10K | $72K | 25x | as long as short |
| Bybit SEIUSDT | +0.0038% | 8h | 0.06078 | −1.155% | $14.6M | $36.3M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0041% / S +0.0105% | 1h | 0.06087 | −1.010% | $6K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06085 | −1.041% | $277K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06094 | −0.893% | $3.5M | $5.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06092 | −0.934% | $319K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06083 | −1.067% | $15.1M | $130.3M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Bybit SEIUSDT
GMX SEI/USD [ETH-USDC]
Lighter SEI
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 | 0.06076 | −1.187% | $3.5M | $40.3M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06088 | −0.992% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06083 | −1.073% | $35.5M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06085 | −1.041% | $6.6M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06082 | −1.090% | $10.0M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06082 | −1.090% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06081 | −1.106% | $108K | $616K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06087 | −1.001% | $206K | $1.9M | 10x | as long as short |
| ApeX Omni SEIUSDTshort | +0.0100% | 1h | 0.06090 | −0.960% | $110K | $667K | 50x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06081 | −1.106% | $2K | $70K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06090 | −0.960% | $23K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06081 | −1.112% | $77K | $548K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06090 | −0.960% | $769K | $1.3M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0267% | 1h | 0.06080 | −1.122% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0311% | 1h | 0.06082 | −1.085% | $378K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06084 | −1.057% | $116 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0957% | 1h | 0.06082 | −1.083% | $104K | $2K | 5x | as long as short |
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
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
dYdX SEI-USD