Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance−0.010%81s7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$470.470% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 3 days (all we have)+0.025%+$3 · spread now −0.010%, 7d avg +0.017%
=Funding pays, the price is against you. BloFin is 0.027% cheaper against Binance than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.017%). If the spread goes back, that is −$3 on $10k: about 18 hours of funding at the current rate (+$4 a day). The two prices were read 81 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 | Binance SEIUSDT | 0.05917 | 0.0100 | pay 0.0100% / 8h | 2h 07m | $13.7M | $127.2M | 75x |
| Short | BloFin SEI-USDT | 0.05916 | 0.0220 | get 0.0220% / 8h | 2h 07m | $710K | $1.2M | 75x |
Binance SEIUSDT
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: −0.010% → +0.017%
- −$2.74
- Slippage, 4 orders
- −$25.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.55
- Costs to cover
- 0.470%
- Break-even
- 13.8 days
Slippage from Binance: live order book, 5 min ago; BloFin: live order book, 10 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 Binance live order book, 5 min ago | 0.85 bp | 11.7 bp −$12 | 24.0 bp −$240 | 120.9 bp −$12.1K | doesn't fit |
| Sell BloFin live order book, 10 min ago | 0.84 bp | 7.0 bp −$7 | 14.7 bp −$147 | 56.1 bp −$5,609 | 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 | 0.05916 | −0.005% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.733% | $33K | $209K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05918 | +0.018% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05918 | +0.024% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0018% | 8h | 0.05885 | −0.528% | $312K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05919 | +0.040% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05918 | +0.024% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05920 | +0.054% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05921 | +0.078% | $309K | $371K | 20x | as long as short |
| Binance SEIUSDTlong | +0.0100% | 8h | 0.05917 | long leg | $13.7M | $127.2M | 75x |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05911 | −0.095% | $13.9M | $36.2M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05914 | −0.044% | $3.0M | $40.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05915 | −0.027% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05915 | −0.027% | $29.2M | $26.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05916 | −0.010% | $6.9M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05916 | −0.010% | $9.3M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05914 | −0.044% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05919 | +0.040% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05910 | −0.115% | $209K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05900 | −0.281% | $107K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05926 | +0.159% | $23K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05914 | −0.036% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0214% | 1h | 0.05916 | −0.003% | $374K | $1.6M | 50x | as long as short |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.05916 | −0.010% | $710K | $1.2M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05917 | −0.001% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05910 | −0.112% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2232% | 1h | 0.05917 | +0.005% | $101K | $2K | 5x | as long as short |
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
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD