Funding you earn now, next payment 06:00 UTC−0.1150%/8h= −125.9% APRpaid last 24h −0.489%
Price spread now: Bybit against dYdX−0.088%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$568as in the Funding arb table
Net, price: spread back to 7d avg − costs−$400as in the Price arb table
costs, in and out, $10k−$3953.947% of the position
Funding, last 7 days−1.732%−$173 on $10k
+Price spread, last 4 days (all we have)+0.095%+$9 · spread now −0.088%, 7d avg −0.036%
=Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and Bybit is 0.052% cheaper against dYdX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.06007 | 0.1250 | pay 0.0156% / 1h | 12m 06s | $102K | $2K | 5x |
| Short | Bybit SEIUSDT | 0.06002 | 0.0100 | get 0.0100% / 8h | 2h 12m | $14.2M | $34.4M | 50x |
dYdX SEI-USD
Bybit SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$241.54
- Price spread: −0.088% → −0.036%
- −$5.2
- Slippage, 4 orders
- −$373.65
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$641.4
- Costs to cover
- 3.947%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 37 min ago; Bybit: live order book, 2 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, 37 min ago | 91.44 bp | 96.4 bp −$96 | 96.4 bp −$964 | 125.6 bp −$12.6K | 283.2 bp −$141.6K |
| Sell Bybit live order book, 2 min ago | 0.83 bp | 12.4 bp −$12 | 29.4 bp −$294 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0137% | 8h | 0.05975 | −0.546% | $321K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06005 | −0.040% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0016% / S +0.0015% | 1h | 0.06004 | −0.052% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06008 | +0.012% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06011 | +0.055% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06012 | +0.078% | $314K | $360K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06008 | +0.014% | $14.5M | $126.6M | 75x | as long as short |
| Bybit SEIUSDTshort | +0.0100% | 8h | 0.06002 | −0.088% | $14.2M | $34.4M | 50x | |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06003 | −0.072% | $3.4M | $36.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06006 | −0.022% | $1.1M | $3.1M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.06007 | −0.005% | $35.1M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06009 | +0.028% | $6.6M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06009 | +0.028% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06003 | −0.072% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06009 | +0.028% | $107K | $647K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05992 | −0.261% | $204K | $2.3M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05990 | −0.288% | $102K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06005 | −0.038% | $2K | $121K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06015 | +0.128% | $23K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06008 | +0.004% | $76K | $561K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0250% | 1h | 0.06008 | +0.012% | $379 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05990 | −0.288% | $43K | $229K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06007 | 0.000% | $115 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0370% | 8h | 0.06008 | +0.012% | $721K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05994 | −0.221% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0536% | 1h | 0.06006 | −0.019% | $363K | $1.6M | 50x | as long as short |
| dYdX SEI-USDlong | +0.1250% | 1h | 0.06007 | long leg | $102K | $2K | 5x |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD