Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.036%
Price spread now: Hyperliquid against Orderly+0.192%7-day average +0.039% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 3 days (all we have)−0.135%−$13 · spread now +0.192%, 7d avg +0.039%
=Together, before fees−0.104%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.153% dearer against Orderly than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SEI_USDC | 0.05948 | 0.0099 | pay 0.0099% / 8h | 51m 50s | $1K | $111K | 20x |
| Short | Hyperliquid SEI | 0.05959 | 0.0100 | get 0.0013% / 1h | 51m 50s | $3.4M | $6.5M | 5x |
Orderly PERP_SEI_USDC
Hyperliquid SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Orderly. 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
- $0.24
- Price spread: +0.192% → +0.039%
- $15.32
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $0.56
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 10 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 10 min ago | 3.57 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.05945 | −0.044% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0010% | 8h | 0.05930 | −0.308% | $316K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05943 | −0.085% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05947 | −0.017% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05957 | +0.151% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDClong | +0.0099% | 8h | 0.05948 | long leg | $1K | $111K | 20x | |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.05959 | +0.192% | $3.4M | $6.5M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05953 | +0.080% | $311K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05953 | +0.083% | $13.9M | $125.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05945 | −0.050% | $14.0M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter 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 | 0.05949 | +0.017% | $3.1M | $40.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05950 | +0.034% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05952 | +0.067% | $29.2M | $25.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05950 | +0.034% | $6.3M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05953 | +0.084% | $9.4M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05949 | +0.017% | — | $33.2M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05947 | −0.018% | $203K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | −0.471% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05956 | +0.134% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05952 | +0.065% | $75K | $476K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0183% | 1h | 0.05950 | +0.034% | $119K | $563K | 10x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05957 | +0.151% | $697K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0322% | 1h | 0.05948 | −0.005% | $372K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05920 | −0.471% | $33K | $208K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05950 | +0.029% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05944 | −0.067% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.3081% | 1h | 0.05953 | +0.085% | $102K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD