Funding you earn now, next payment 04:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.036%
Price spread now: OKX against BloFin−0.634%113s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as 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−$580.583% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 3 days (all we have)+0.613%+$61 · spread now −0.634%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.604% cheaper against BloFin than usual: you would sell low and buy high (−$60 if the spread goes back to its 7-day average of −0.030%). Swap the legs. The two prices were read 113 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 | BloFin SEI-USDT | 0.05993 | 0.0220 | pay 0.0220% / 8h | 7h 03m | $729K | $1.3M | 75x |
| Short | OKX SEI-USDT-SWAP | 0.05955 | 0.0100 | get 0.0050% / 4h | 3h 03m | $3.2M | $39.7M | 50x |
BloFin SEI-USDT
OKX SEI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.634% → −0.030%
- −$60.43
- Slippage, 4 orders
- −$36.34
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$143.96
- Costs to cover
- 0.583%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago | 5.00 bp | 12.5 bp −$12 | 19.4 bp −$194 | 73.6 bp −$7,361 | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.50 bp | 12.0 bp −$12 | 33.0 bp −$330 | 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 −0.0815% / S +0.0444% | 1h | 0.05960 | −0.559% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0115% | 8h | 0.05966 | −0.444% | $319K | $210K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05960 | −0.556% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05987 | −0.100% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05962 | −0.517% | $271K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05959 | −0.567% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05965 | −0.461% | $3.5M | $6.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05957 | −0.597% | $312K | $336K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05959 | −0.567% | $14.3M | $128.2M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05952 | −0.684% | $14.0M | $35.9M | 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-SWAPshort | +0.0100% | 4h | 0.05955 | −0.634% | $3.2M | $39.7M | 50x | |
| Gate SEI_USDT | +0.0100% | 8h | 0.05959 | −0.567% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05960 | −0.551% | $35.4M | $28.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05958 | −0.584% | $6.2M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05958 | −0.584% | $9.3M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05958 | −0.584% | — | $33.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05983 | −0.167% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05987 | −0.100% | $212K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05990 | −0.050% | $109K | $676K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05994 | +0.017% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05956 | −0.615% | $76K | $540K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05998 | +0.083% | $34K | $208K | 50x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0178% | 1h | 0.05985 | −0.142% | $370K | $1.6M | 50x | as long as short |
| BloFin SEI-USDTlong | +0.0220% | 8h | 0.05993 | long leg | $729K | $1.3M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05956 | −0.609% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05980 | −0.217% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1044% | 1h | 0.05964 | −0.484% | $102K | $2K | 5x | as long as short |
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