Funding you earn now, next payment 02:00 UTC−0.0685%/8h= −75.0% APRpaid last 24h −0.481%
Price spread now: Binance against dYdX−0.012%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$303as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1291.290% of the position
Funding, last 7 days−1.744%−$174 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.012%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Binance is 0.024% cheaper against dYdX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.05981 | 0.0785 | pay 0.0098% / 1h | 1m 36s | $102K | $2K | 5x |
| Short | Binance SEIUSDT | 0.05981 | 0.0100 | get 0.0100% / 8h | 6h 01m | $14.3M | $128.0M | 75x |
dYdX SEI-USD
Binance SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against dYdX. 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
- −$143.93
- Price spread: −0.012% → +0.012%
- −$2.41
- Slippage, 4 orders
- −$108.98
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$275.32
- Costs to cover
- 1.290%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 2 min ago; Binance: live order book, 11 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 dYdX live order book, 2 min ago | 37.38 bp | 48.0 bp −$48 | 255.7 bp −$2,557 | 319.7 bp −$32.0K | 626.0 bp −$313.0K |
| Sell Binance live order book, 11 min ago | 0.84 bp | 11.2 bp −$11 | 25.7 bp −$257 | 106.5 bp −$10.6K | doesn't fit |
SEI on 26 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 | 0.05986 | +0.082% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0121% | 8h | 0.05954 | −0.449% | $318K | $200K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05986 | +0.072% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05987 | +0.095% | $10K | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05977 | −0.072% | $34K | $207K | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05982 | +0.012% | $271K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05982 | +0.005% | $3.4M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05984 | +0.044% | $313K | $354K | 20x | as long as short |
| Binance SEIUSDTshort | +0.0100% | 8h | 0.05981 | −0.012% | $14.3M | $128.0M | 75x | |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05972 | −0.156% | $14.2M | $35.8M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Bybit SEIUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05972 | −0.156% | $3.2M | $39.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05980 | −0.022% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05979 | −0.039% | $34.5M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05980 | −0.022% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05979 | −0.039% | $9.5M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05977 | −0.072% | — | $31.2M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05976 | −0.088% | $211K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05970 | −0.189% | $109K | $664K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05986 | +0.079% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05992 | +0.179% | $22K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05976 | −0.096% | $77K | $546K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0130% | 1h | 0.05989 | +0.129% | $119K | $569K | 10x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05986 | +0.075% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0375% | 1h | 0.05988 | +0.104% | $377K | $1.6M | 50x | as long as short |
| dYdX SEI-USDlong | +0.0785% | 1h | 0.05981 | long leg | $102K | $2K | 5x | |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05985 | +0.062% | $9K | $43K | 12x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
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
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERP