Funding you earn now, next payment 23:00 UTC−0.2563%/8h= −280.6% APRpaid last 24h −0.461%
Price spread now: Orderly against dYdX+0.132%7-day average +0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.541%−$154 on $10k
+Price spread, last 3 days (all we have)−0.170%−$17 · spread now +0.132%, 7d avg +0.003%
=The price spread pays, funding is against you. Orderly is 0.130% dearer against dYdX than usual: you sell high and buy low (spread +0.132% now, against its 7-day average of +0.003%): +$13 on $10k if it goes back. Holding the pair costs −$77 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−1.541% in total) that is about 14 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.541% in total (about -80.4% 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 | dYdX SEI-USD | 0.05872 | 0.2662 | pay 0.0333% / 1h | 6m 56s | $100K | $2K | 5x |
| Short | Orderly PERP_SEI_USDC | 0.05880 | 0.0099 | get 0.0099% / 8h | 1h 06m | $2K | $110K | 20x |
dYdX SEI-USD
Orderly PERP_SEI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$538.18
- Price spread: +0.132% → +0.003%
- $12.98
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$541.2
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: dYdX: live order book, 12 min ago; Orderly: no order-book sample. Net counts fees only.
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, 12 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 Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.05879 | +0.110% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05879 | +0.112% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05881 | +0.149% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0003% | 8h | 0.05869 | −0.060% | $310K | $232K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05884 | +0.200% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDCshort | +0.0099% | 8h | 0.05880 | +0.132% | $2K | $110K | 20x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05885 | +0.223% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05883 | +0.177% | $307K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05882 | +0.173% | $13.6M | $125.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05875 | +0.047% | $13.8M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05878 | +0.098% | $3.0M | $39.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05877 | +0.081% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05880 | +0.132% | $28.6M | $26.1M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05882 | +0.166% | $6.6M | $14.1M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05882 | +0.166% | $9.2M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05879 | +0.115% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05884 | +0.200% | $118K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05876 | +0.064% | $208K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05880 | +0.132% | $107K | $665K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05889 | +0.286% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05881 | +0.154% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0190% | 1h | 0.05884 | +0.196% | $372K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05886 | +0.234% | $33K | $207K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05882 | +0.166% | $697K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05880 | +0.132% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05864 | −0.140% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USDlong | +0.2662% | 1h | 0.05872 | long leg | $100K | $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
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP