Funding you earn now, next payment 00:00 UTC−0.1995%/8h= −218.5% APRpaid last 24h −0.474%
Price spread now: Binance against dYdX+0.125%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$518as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3463.461% of the position
Funding, last 7 days−1.722%−$172 on $10k
+Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.125%, 7d avg +0.011%
=The price spread pays, funding is against you. Binance is 0.114% dearer against dYdX than usual: you sell high and buy low (spread +0.125% now, against its 7-day average of +0.011%): +$11 on $10k if it goes back. Holding the pair costs −$60 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−1.722% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.05926 | 0.2095 | pay 0.0262% / 1h | 23m 11s | $101K | $2K | 5x |
| Short | Binance SEIUSDT | 0.05933 | 0.0100 | get 0.0100% / 8h | 23m 11s | $14.1M | $126.5M | 75x |
dYdX SEI-USD
Binance SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against dYdX. 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
- −$418.96
- Price spread: +0.125% → +0.011%
- $11.37
- Slippage, 4 orders
- −$326.05
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$753.63
- Costs to cover
- 3.461%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 56 min ago; Binance: live order book, 5 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 dYdX live order book, 56 min ago | 158.65 bp | 163.7 bp −$164 | 164.1 bp −$1,641 | 224.3 bp −$22.4K | 1274.9 bp −$637.5K |
| Sell Binance live order book, 5 min ago | 0.84 bp | 8.3 bp −$8 | 21.9 bp −$219 | 69.0 bp −$6,898 | 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 | 0.05927 | +0.029% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0049% | 8h | 0.05934 | +0.138% | $318K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05927 | +0.022% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05931 | +0.091% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05936 | +0.175% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05928 | +0.040% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05932 | +0.110% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05927 | +0.025% | $310K | $363K | 20x | as long as short |
| Binance SEIUSDTshort | +0.0100% | 8h | 0.05933 | +0.125% | $14.1M | $126.5M | 75x | |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05923 | −0.044% | $14.0M | $36.0M | 50x | as long as short |
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
Bybit 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 | 0.05927 | +0.023% | $3.1M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05925 | −0.010% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05927 | +0.023% | $35.0M | $26.2M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05928 | +0.040% | $6.2M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05929 | +0.057% | $9.3M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05926 | +0.007% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05929 | +0.057% | $117K | $565K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05954 | +0.479% | $203K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | +0.074% | $108K | $674K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05934 | +0.142% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05929 | +0.055% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05934 | +0.142% | $713K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0323% | 1h | 0.05933 | +0.124% | $368K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05923 | −0.044% | $33K | $207K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05926 | +0.005% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05953 | +0.462% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USDlong | +0.2095% | 1h | 0.05926 | long leg | $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