Funding you earn now, next payment 21:00 UTC−0.0126%/8h= −13.8% APRpaid last 24h −0.038%
Price spread now: BloFin against Reya−0.071%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.071% cheaper against Reya than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | Reya SEIRUSDPERP | 0.05978 | 0.0346 | pay 0.0043% / 1h | 30m 13s | $114 | — | 20x |
| Short | BloFin SEI-USDT | 0.05974 | 0.0220 | get 0.0220% / 8h | 3h 30m | $727K | $1.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Reya. 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
- −$26.46
- Price spread: −0.071% → 0.000%
- −$7.06
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$51.52
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; BloFin: live order book, 3 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 Reya no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 3 min ago | 3.35 bp | 11.3 bp −$11 | 21.7 bp −$217 | 72.7 bp −$7,269 | doesn't fit |
Reya: 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 | 0.05978 | +0.005% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0136% | 1h | 0.05979 | +0.013% | $33K | $239K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05981 | +0.041% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05978 | −0.004% | $30K | $52K | 25x | as long as short |
| Variational Omni SEI | +0.0069% | 8h | 0.05969 | −0.147% | $316K | $255K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05978 | −0.004% | $269K | $1.3M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05978 | −0.004% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05983 | +0.077% | $3.5M | $6.8M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05978 | 0.000% | $313K | $386K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05976 | −0.037% | $14.2M | $129.8M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05972 | −0.104% | $14.1M | $37.0M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05975 | −0.054% | $3.1M | $40.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05976 | −0.037% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05979 | +0.013% | $30.7M | $27.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05981 | +0.047% | $7.1M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05978 | −0.004% | $9.4M | $17.3M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05976 | −0.037% | — | $33.0M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05973 | −0.087% | $121K | $581K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05973 | −0.080% | $205K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05970 | −0.137% | $109K | $664K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05984 | +0.097% | $22K | $4.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05975 | −0.055% | $76K | $478K | 25x | as long as short |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.05974 | −0.071% | $727K | $1.3M | 75x | |
| Kraken Futures PF_SEIUSD | +0.0223% | 1h | 0.05976 | −0.030% | $379K | $1.7M | 50x | as long as short |
| Reya SEIRUSDPERPlong | +0.0346% | 1h | 0.05978 | long leg | $114 | — | 20x | |
| Injective SEI/USDC PERP | +0.1004% | 1h | 0.05961 | −0.288% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.1988% | 1h | 0.05973 | −0.083% | $102K | $2K | 5x | as long as short |
BloFin SEI-USDT
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
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
Injective SEI/USDC PERP