Funding you earn now, next payment 09:00 UTC−0.0800%/8h= −87.6% APRnext payment −$1.00 per $10,000 · paid last 24h −0.548%
Price spread now: Coinbase International against dYdX−0.068%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$497as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2722.718% of the position
Funding, last 7 days−2.249%−$225 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.068%, 7d avg −0.042%
=Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Coinbase International is 0.026% cheaper against dYdX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.06123 | 0.0856 | pay 0.0107% / 1h | 0m 44s | $104K | $2K | 5x |
| Short | Coinbase International SEI-PERP-INTX | 0.06119 | 0.0056 | get 0.0007% / 1h | 0m 44s | $69K | $269K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$168.06
- Price spread: −0.068% → −0.042%
- −$2.65
- Slippage, 4 orders
- −$251.83
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$442.54
- Costs to cover
- 2.718%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 51 min ago; Coinbase International: live order book, 50 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, 51 min ago | 42.08 bp | 61.7 bp −$62 | 158.8 bp −$1,588 | 199.3 bp −$19.9K | 379.6 bp −$189.8K |
| Sell Coinbase International live order book, 50 min ago | 7.31 bp | 71.0 bp −$71 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0145% | 8h | 0.06130 | +0.113% | $320K | $173K | — | as long as short |
| Injective SEI/USDC PERP | −0.0137% | 1h | 0.06132 | +0.144% | $9K | $40K | 12x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06124 | +0.014% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06126 | +0.046% | $10K | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXshort | +0.0056% | 1h | 0.06119 | −0.068% | $69K | $269K | 50x | |
| Lighter SEI | +0.0096% | 1h | 0.06135 | +0.193% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06142 | +0.308% | $4.1M | $4.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06137 | +0.221% | $338K | $323K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06133 | +0.164% | $15.0M | $118.4M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06131 | +0.128% | $14.7M | $33.7M | 50x | as long as short |
Show all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06131 | +0.128% | $3.5M | $35.1M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06129 | +0.095% | $1.1M | $3.0M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06131 | +0.128% | $22.6M | $30.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06131 | +0.128% | $6.7M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06134 | +0.177% | $9.6M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06131 | +0.128% | — | $16.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06128 | +0.079% | $111K | $711K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06122 | −0.015% | $215K | $3.0M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06130 | +0.112% | $90K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06125 | +0.030% | $2K | $302K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06135 | +0.193% | $23K | $3.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06128 | +0.087% | $72K | $418K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0168% | 1h | 0.06127 | +0.062% | $374K | $1.8M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0215% / S −0.0631% | 1h | 0.06124 | +0.010% | $3K | — | 100x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06122 | −0.019% | $749K | $1.6M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06122 | −0.019% | $117 | — | 20x | as long as short |
| dYdX SEI-USDlong | +0.0856% | 1h | 0.06123 | long leg | $104K | $2K | 5x |
Coinbase International SEI-PERP-INTX
Variational Omni SEI
Injective SEI/USDC PERP
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit 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
Kraken Futures PF_SEIUSD
GMX SEI/USD [ETH-USDC]
BloFin SEI-USDT