Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.38 per $10,000 · paid last 24h +0.001%
Price spread now: Orderly against Bybit+0.198%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.198% dearer against Bybit than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SEIUSDT | 0.06067 | 0.0062 | pay 0.0062% / 8h | 4h 24m | $14.6M | $36.3M | 50x |
| Short | Orderly PERP_SEI_USDC | 0.06079 | 0.0100 | get 0.0100% / 8h | 4h 24m | $2K | $82K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $7.91
- Price spread: +0.198% → 0.000%
- $19.78
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $10.69
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
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, 5 min ago | 0.82 bp | 12.7 bp −$13 | 24.0 bp −$240 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0188% | 8h | 0.06083 | +0.270% | $324K | $189K | — | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0032% | 1h | 0.06149 | +1.352% | $43K | $221K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06079 | +0.206% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06080 | +0.214% | $10K | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0040% / S +0.0116% | 1h | 0.06079 | +0.194% | $6K | — | 100x | as long as short |
| Bybit SEIUSDTlong | +0.0062% | 8h | 0.06067 | long leg | $14.6M | $36.3M | 50x | |
| Lighter SEI | +0.0096% | 1h | 0.06082 | +0.247% | $277K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06084 | +0.279% | $3.5M | $5.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06080 | +0.215% | $318K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06079 | +0.199% | $15.1M | $130.3M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06067 | 0.000% | $3.5M | $40.3M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06075 | +0.132% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06081 | +0.231% | $35.3M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06078 | +0.181% | $6.6M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06077 | +0.165% | $10.0M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06075 | +0.132% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06081 | +0.231% | $107K | $615K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06110 | +0.711% | $206K | $1.9M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06110 | +0.709% | $110K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDCshort | +0.0100% | 8h | 0.06079 | +0.198% | $2K | $82K | 20x | |
| SunX SEI-USDT | +0.0100% | 8h | 0.06090 | +0.379% | $23K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06076 | +0.155% | $77K | $552K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06081 | +0.231% | $763K | $1.3M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0267% | 1h | 0.06101 | +0.560% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0311% | 1h | 0.06082 | +0.241% | $379K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06078 | +0.185% | $116 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0639% | 1h | 0.06074 | +0.122% | $104K | $2K | 5x | as long as short |
Bybit SEIUSDT
Variational Omni SEI
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance 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
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD