Funding you earn now, next payment 01:00 UTC+0.0460%/8h= +50.4% APRnext payment +$0.57 per $10,000 · paid last 24h +0.551%
Price spread now: dYdX against Coinbase International−0.052%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2332.331% of the position
Funding, last 7 days+2.146%+$215 on $10k
+Price spread, last 3 days (all we have)+0.043%+$4 · spread now −0.052%, 7d avg +0.041%
=Funding pays, the price is against you. dYdX is 0.093% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of +0.041%). If the spread goes back, that is −$9 on $10k: about 16 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+2.146% in total) that is about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SEI-PERP-INTX | 0.05929 | 0.0048 | pay 0.0006% / 1h | 43m 59s | $34K | $205K | 50x |
| Short | dYdX SEI-USD | 0.05926 | 0.0508 | get 0.0063% / 1h | 43m 59s | $101K | $2K | 5x |
Coinbase International SEI-PERP-INTX
dYdX SEI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Coinbase International. 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
- $96.59
- Price spread: −0.052% → +0.041%
- −$9.28
- Slippage, 4 orders
- −$213.07
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$145.77
- Costs to cover
- 2.331%
- Break-even
- 17.6 days
Slippage from Coinbase International: live order book, 24 min ago; dYdX: live order book, 25 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 Coinbase International live order book, 24 min ago | 14.16 bp | 63.9 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX live order book, 25 min ago | 38.94 bp | 57.2 bp −$57 | 337.6 bp −$3,376 | 401.8 bp −$40.2K | 588.5 bp −$294.3K |
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 | 0.05948 | +0.312% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0136% | 8h | 0.05925 | −0.075% | $317K | $210K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05952 | +0.381% | $11K | — | 150x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0048% | 1h | 0.05929 | long leg | $34K | $205K | 50x | |
| Bybit SEIUSDT | +0.0062% | 8h | 0.05950 | +0.354% | $14.1M | $36.2M | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0086% | 1h | 0.05961 | +0.540% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05957 | +0.472% | $271K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05955 | +0.439% | $2K | $101K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05959 | +0.508% | $3.5M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05955 | +0.441% | $312K | $355K | 20x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Bybit SEIUSDT
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SEIUSDT | +0.0100% | 8h | 0.05957 | +0.472% | $14.2M | $129.4M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05952 | +0.388% | $3.2M | $40.2M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05952 | +0.388% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05954 | +0.422% | $35.1M | $28.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05957 | +0.472% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05957 | +0.472% | $9.5M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05956 | +0.455% | — | $31.6M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05962 | +0.557% | $118K | $570K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05986 | +0.961% | $210K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | +0.017% | $108K | $675K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05931 | +0.034% | $23K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05952 | +0.392% | $76K | $540K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05976 | +0.793% | $720K | $1.1M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05931 | +0.035% | $113 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0376% | 1h | 0.05960 | +0.531% | $374K | $1.6M | 50x | as long as short |
| dYdX SEI-USDshort | +0.0508% | 1h | 0.05926 | −0.052% | $101K | $2K | 5x | |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05940 | +0.186% | $9K | $43K | 12x | as long as short |
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
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERP