Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin+0.055%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)−0.062%−$6 · spread now +0.055%, 7d avg −0.017%
=The price spread pays, funding is against you. Binance is 0.072% dearer against BloFin than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.017%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 48 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SEI-USDT | 0.05906 | 0.0220 | pay 0.0220% / 8h | 7h 34m | $719K | $1.2M | 75x |
| Short | Binance SEIUSDT | 0.05909 | 0.0100 | get 0.0100% / 8h | 7h 34m | $14.2M | $127.4M | 75x |
BloFin SEI-USDT
Binance SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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: +0.055% → −0.017%
- $7.18
- Slippage, 4 orders
- −$16.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.58
- Costs to cover
- 0.386%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Binance: live order book, 9 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 BloFin live order book, 3 min ago | 3.38 bp | 9.4 bp −$9 | 13.6 bp −$136 | 55.2 bp −$5,516 | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.85 bp | 9.5 bp −$10 | 23.5 bp −$235 | 99.5 bp −$9,948 | 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 | 0.05903 | −0.054% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0105% | 8h | 0.05908 | +0.027% | $316K | $215K | — | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05906 | 0.000% | $10K | $72K | 25x | as long as short |
| gTrade (Gains Network) SEI/USD | L +0.0001% / S +0.0006% | 1h | 0.05904 | −0.035% | $4K | — | 150x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05909 | +0.051% | $269K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05906 | 0.000% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05910 | +0.066% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05910 | +0.068% | $309K | $349K | 20x | as long as short |
| Binance SEIUSDTshort | +0.0100% | 8h | 0.05909 | +0.055% | $14.2M | $127.4M | 75x | |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05902 | −0.068% | $13.9M | $35.8M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
Deribit SEI_USDC-PERPETUAL
gTrade (Gains Network) SEI/USD
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster 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 | 0.05899 | −0.119% | $3.1M | $39.4M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05905 | −0.017% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05905 | −0.017% | $33.1M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05908 | +0.034% | $6.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05906 | 0.000% | $9.2M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05905 | −0.017% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05913 | +0.119% | $116K | $559K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05900 | −0.102% | $206K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | +0.237% | $108K | $671K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05911 | +0.085% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05904 | −0.029% | $75K | $575K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05904 | −0.034% | $34K | $204K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0180% | 1h | 0.05906 | +0.007% | $364K | $1.6M | 50x | as long as short |
| BloFin SEI-USDTlong | +0.0220% | 8h | 0.05906 | long leg | $719K | $1.2M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05902 | −0.061% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05942 | +0.610% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1250% | 1h | 0.05904 | −0.027% | $101K | $2K | 5x | as long as short |
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
Coinbase International SEI-PERP-INTX
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD