Funding you earn now, next payment 23:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h −0.071%
Price spread now: Coinbase International against Bitget−0.454%57s7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as 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−$700.699% of the position
Funding, last 7 days−0.462%−$46 on $10k
+Price spread, last 3 days (all we have)+0.288%+$29 · spread now −0.454%, 7d avg −0.046%
=Funding pays, the price is against you. Coinbase International is 0.408% cheaper against Bitget than usual: you would sell low and buy high (spread −0.454% now, against its 7-day average of −0.046%). If the spread goes back, that is −$41 on $10k: about 6.0 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.462%, so the current rate has only just turned in your favour. The two prices were read 57 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 | Bitget SEIUSDT | 0.05947 | 0.0100 | pay 0.0100% / 8h | 52m 17s | $9.3M | $17.0M | 75x |
| Short | Coinbase International SEI-PERP-INTX | 0.05920 | 0.0328 | get 0.0041% / 1h | 52m 17s | $33K | $208K | 50x |
Bitget SEIUSDT
Coinbase International SEI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bitget. 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
- $47.88
- Price spread: −0.454% → −0.046%
- −$40.76
- Slippage, 4 orders
- −$47.92
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$62.8
- Costs to cover
- 0.699%
- Break-even
- 16.2 days
Slippage from Bitget: live order book, 1 min ago; Coinbase International: live order book, 26 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 Bitget live order book, 1 min ago | 0.84 bp | 12.7 bp −$13 | 21.1 bp −$211 | 101.8 bp −$10.2K | doesn't fit |
| Sell Coinbase International live order book, 26 min ago | 11.90 bp | 30.2 bp −$30 | doesn't fit | doesn't fit | 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 | 0.05945 | −0.027% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0010% | 8h | 0.05930 | −0.291% | $316K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05943 | −0.068% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05947 | 0.000% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05956 | +0.151% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05948 | +0.017% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05957 | +0.163% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05957 | +0.163% | $311K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05948 | +0.025% | $13.8M | $125.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05940 | −0.118% | $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
Orderly PERP_SEI_USDC
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 | 0.05943 | −0.067% | $3.1M | $40.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05950 | +0.050% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05950 | +0.050% | $29.2M | $25.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05953 | +0.101% | $6.3M | $14.2M | 75x | as long as short |
| Bitget SEIUSDTlong | +0.0100% | 8h | 0.05947 | long leg | $9.3M | $17.0M | 75x | |
| BingX SEI-USDT | +0.0100% | 8h | 0.05945 | −0.034% | — | $33.2M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05947 | −0.001% | $203K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | −0.454% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05956 | +0.151% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05947 | −0.007% | $75K | $476K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0218% | 1h | 0.05957 | +0.168% | $119K | $563K | 10x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05957 | +0.168% | $697K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0322% | 1h | 0.05948 | +0.011% | $372K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTXshort | +0.0328% | 1h | 0.05920 | −0.454% | $33K | $208K | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05950 | +0.046% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05944 | −0.050% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.3081% | 1h | 0.05953 | +0.102% | $102K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
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
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD