Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: BloFin against OKX+0.051%113s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as 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−$520.522% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.051%, 7d avg +0.027%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.024% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.027%. The two prices were read 113 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 | OKX SEI-USDT-SWAP | 0.05876 | 0.0100 | pay 0.0050% / 4h | 1h 07m | $3.0M | $39.6M | 50x |
| Short | BloFin SEI-USDT | 0.05879 | 0.0220 | get 0.0220% / 8h | 1h 07m | $696K | $1.2M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- $25.2
- Price spread: +0.051% → +0.027%
- $2.43
- Slippage, 4 orders
- −$30.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.56
- Costs to cover
- 0.522%
- Break-even
- 13.8 days
Slippage from OKX: live order book, 1 min ago; BloFin: live order book, 5 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 OKX live order book, 1 min ago | 0.85 bp | 12.1 bp −$12 | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 2.55 bp | 13.6 bp −$14 | 19.9 bp −$199 | 53.8 bp −$5,384 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05865 | −0.179% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05879 | +0.048% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05866 | −0.170% | $19K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0003% | 8h | 0.05869 | −0.124% | $310K | $232K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05875 | −0.017% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05880 | +0.068% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05883 | +0.126% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05883 | +0.114% | $307K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05882 | +0.102% | $13.6M | $125.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05874 | −0.034% | $13.8M | $36.1M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAPlong | +0.0100% | 4h | 0.05876 | long leg | $3.0M | $39.6M | 50x | |
| Gate SEI_USDT | +0.0100% | 8h | 0.05876 | 0.000% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05881 | +0.085% | $28.7M | $26.1M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05880 | +0.068% | $6.6M | $14.1M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05880 | +0.068% | $9.2M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05878 | +0.034% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05869 | −0.119% | $118K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05876 | 0.000% | $208K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05880 | +0.068% | $107K | $665K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05875 | −0.017% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05874 | −0.029% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0190% | 1h | 0.05869 | −0.125% | $371K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05886 | +0.170% | $33K | $207K | 50x | as long as short |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.05879 | +0.051% | $696K | $1.2M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05880 | +0.067% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05900 | +0.408% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2662% | 1h | 0.05872 | −0.064% | $100K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
BloFin SEI-USDT
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
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
Coinbase International SEI-PERP-INTX
Injective SEI/USDC PERP