Funding you earn now, next payment 10:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.042%
Price spread now: OKX against Coinbase International+0.212%55s7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as 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−$1621.622% of the position
Funding, last 7 days+0.548%+$55 on $10k
+Price spread, last 4 days (all we have)−0.181%−$18 · spread now +0.212%, 7d avg +0.036%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.176% dearer against Coinbase International than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.036%. The two prices were read 55 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 | Coinbase International SEI-PERP-INTX | 0.06119 | −0.0048 | get 0.0006% / 1h | 52m 22s | $69K | $269K | 50x |
| Short | OKX SEI-USDT-SWAP | 0.06132 | 0.0100 | get 0.0050% / 4h | 1h 52m | $3.5M | $34.9M | 50x |
Coinbase International SEI-PERP-INTX
OKX SEI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $31.08
- Price spread: +0.212% → +0.036%
- $17.63
- Slippage, 4 orders
- −$142.18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$113.47
- Costs to cover
- 1.622%
- Break-even
- 32.6 days
Slippage from Coinbase International: live order book, 58 min ago; OKX: 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 Coinbase International live order book, 58 min ago | 7.31 bp | 62.3 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.81 bp | 14.3 bp −$14 | 39.7 bp −$397 | doesn't fit | doesn't fit |
SEI on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SEI/USDC PERP | −0.0469% | 1h | 0.06132 | +0.212% | $9K | $37K | 12x | as long as short |
| Variational Omni SEI | −0.0141% | 8h | 0.06140 | +0.350% | $321K | $172K | — | as long as short |
| Coinbase International SEI-PERP-INTXlong | −0.0048% | 1h | 0.06119 | long leg | $69K | $269K | 50x | |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06149 | +0.489% | $8K | — | 150x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06143 | +0.392% | $273K | $981K | 10x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06144 | +0.402% | $339K | $323K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06138 | +0.305% | $15.0M | $118.3M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06131 | +0.196% | $14.7M | $33.7M | 50x | as long as short |
| OKX SEI-USDT-SWAPshort | +0.0100% | 4h | 0.06132 | +0.212% | $3.5M | $34.9M | 50x | |
| Gate SEI_USDT | +0.0100% | 8h | 0.06141 | +0.360% | $1.1M | $2.7M | 75x | as long as short |
Injective SEI/USDC PERP
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Lighter SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
Gate SEI_USDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.06137 | +0.294% | $22.5M | $30.1M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06139 | +0.327% | $6.8M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06139 | +0.327% | $9.6M | $17.4M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06137 | +0.294% | — | $16.9M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06146 | +0.440% | $208K | $3.0M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06150 | +0.507% | $90K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06136 | +0.278% | $2K | $302K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06155 | +0.588% | $23K | $3.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06140 | +0.343% | $72K | $418K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0159% | 1h | 0.06152 | +0.539% | $111K | $714K | 10x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0163% | 1h | 0.06154 | +0.574% | $374K | $1.8M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0215% / S −0.0631% | 1h | 0.06145 | +0.427% | $3K | — | 100x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06151 | +0.523% | $753K | $1.6M | 75x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0238% | 1h | 0.06155 | +0.588% | $10K | $72K | 25x | as long as short |
| Hyperliquid SEI | +0.0247% | 1h | 0.06145 | +0.431% | $4.0M | $4.2M | 5x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06138 | +0.311% | $117 | — | 20x | as long as short |
| dYdX SEI-USD | +0.1095% | 1h | 0.06142 | +0.380% | $105K | $2K | 5x | as long as short |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
Kraken Futures PF_SEIUSD
GMX SEI/USD [ETH-USDC]
BloFin SEI-USDT
Deribit SEI_USDC-PERPETUAL
Hyperliquid SEI
Reya SEIRUSDPERP
dYdX SEI-USD