Funding you earn now, next payment 06:00 UTC+0.0246%/8h= +26.9% APRnext payment +$0.31 per $10,000 · paid last 24h +0.073%
Price spread now: Reya against Backpack−0.149%7-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
=Funding pays, the price is against you. Reya is 0.149% cheaper against Backpack than usual: you would sell low and buy high (spread −0.149% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 2.0 days of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SEI_USDC_PERP | 0.06006 | 0.0100 | pay 0.0013% / 1h | 13m 57s | $107K | $648K | 10x |
| Short | Reya SEIRUSDPERP | 0.05997 | 0.0346 | get 0.0043% / 1h | 13m 57s | $114 | — | 20x |
Backpack SEI_USDC_PERP
Reya SEIRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Backpack. 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
- $51.63
- Price spread: −0.149% → 0.000%
- −$14.9
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $20.73
- Costs to cover
- 0.160%
- Break-even
- 4.2 days
Slippage unknown: Backpack: live order book, 35 min ago; Reya: 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 Backpack live order book, 35 min ago | 0.84 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0137% | 8h | 0.05975 | −0.524% | $321K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05996 | −0.158% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0016% / S +0.0016% | 1h | 0.05995 | −0.181% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06005 | −0.017% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06009 | +0.050% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06007 | +0.022% | $314K | $360K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06006 | −0.003% | $14.4M | $126.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06000 | −0.100% | $14.3M | $34.5M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06002 | −0.067% | $3.4M | $37.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06001 | −0.083% | $1.1M | $3.1M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.06007 | +0.017% | $35.1M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06007 | +0.017% | $6.5M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06008 | +0.033% | $9.8M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06003 | −0.050% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERPlong | +0.0100% | 1h | 0.06006 | long leg | $107K | $648K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06009 | +0.050% | $205K | $2.3M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06000 | −0.100% | $102K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05998 | −0.133% | $2K | $119K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06007 | +0.017% | $22K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06007 | +0.023% | $76K | $561K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0250% | 1h | 0.06004 | −0.033% | $379 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05990 | −0.266% | $43K | $229K | 50x | as long as short |
| Reya SEIRUSDPERPshort | +0.0346% | 1h | 0.05997 | −0.149% | $114 | — | 20x | |
| BloFin SEI-USDT | +0.0369% | 8h | 0.05996 | −0.167% | $720K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.06007 | +0.017% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0536% | 1h | 0.06002 | −0.066% | $363K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1253% | 1h | 0.05991 | −0.253% | $102K | $2K | 5x | as long as short |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD