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 Bybit+0.119%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$460.456% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 3 days (all we have)−0.067%−$7 · spread now +0.119%, 7d avg +0.061%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.057% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SEIUSDT | 0.05898 | 0.0100 | pay 0.0100% / 8h | 2h 03m | $13.9M | $36.2M | 50x |
| Short | BloFin SEI-USDT | 0.05905 | 0.0220 | get 0.0220% / 8h | 2h 03m | $707K | $1.2M | 75x |
Bybit SEIUSDT
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: +0.119% → +0.061%
- $5.72
- Slippage, 4 orders
- −$22.57
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.65
- Costs to cover
- 0.456%
- Break-even
- 11.1 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 4 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 Bybit live order book, 1 min ago | 2.54 bp | 15.9 bp −$16 | 32.2 bp −$322 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.69 bp | 7.7 bp −$8 | 14.4 bp −$144 | 51.2 bp −$5,115 | 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 | 0.05904 | +0.107% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +1.051% | $33K | $209K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05903 | +0.091% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05907 | +0.153% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0019% | 8h | 0.05898 | −0.004% | $313K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05907 | +0.153% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05904 | +0.102% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05905 | +0.119% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05904 | +0.109% | $308K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05906 | +0.142% | $13.7M | $126.8M | 75x | as long as short |
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 SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDTlong | +0.0100% | 8h | 0.05898 | long leg | $13.9M | $36.2M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05903 | +0.085% | $3.0M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05902 | +0.068% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05905 | +0.119% | $29.1M | $26.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05903 | +0.085% | $6.9M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05901 | +0.051% | $9.3M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05902 | +0.068% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05908 | +0.170% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05896 | −0.036% | $209K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05910 | +0.203% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05912 | +0.237% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05903 | +0.090% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0214% | 1h | 0.05908 | +0.169% | $374K | $1.6M | 50x | as long as short |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.05905 | +0.119% | $707K | $1.2M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05902 | +0.076% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05892 | −0.102% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2254% | 1h | 0.05902 | +0.071% | $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
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD