Funding you earn now, next payment 21:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.075%
Price spread now: Coinbase International against OKX+1.103%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs+$38as in the Price arb table
costs, in and out, $10k−$780.782% of the position
Funding, last 7 days−0.527%−$53 on $10k
+Price spread, last 3 days (all we have)−1.134%−$113 · spread now +1.103%, 7d avg −0.060%
=The price spread pays, funding is against you. Coinbase International is 1.163% dearer against OKX than usual: you sell high and buy low (spread +1.103% now, against its 7-day average of −0.060%): +$116 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SEI-USDT-SWAP | 0.05895 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $3.0M | $39.9M | 50x |
| Short | Coinbase International SEI-PERP-INTX | 0.05960 | −0.0056 | pay 0.0007% / 1h | 4m 07s | $33K | $209K | 50x |
OKX SEI-USDT-SWAP
Coinbase International SEI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$32.76
- Price spread: +1.103% → −0.060%
- $116.25
- Slippage, 4 orders
- −$58.17
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $5.32
- Costs to cover
- 0.782%
- Break-even
- from the start
Slippage from OKX: live order book, 5 min ago; Coinbase International: live order book, 19 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, 5 min ago | 0.85 bp | 13.6 bp −$14 | 37.0 bp −$370 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 19 min ago | 15.98 bp | 24.0 bp −$24 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05897 | +0.027% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTXshort | −0.0056% | 1h | 0.05960 | +1.103% | $33K | $209K | 50x | |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05899 | +0.074% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05898 | +0.051% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0019% | 8h | 0.05898 | +0.046% | $313K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05899 | +0.068% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05897 | +0.034% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05900 | +0.088% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05901 | +0.097% | $308K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05898 | +0.057% | $13.7M | $126.9M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05894 | −0.017% | $13.9M | $36.1M | 50x | as long as short |
| OKX SEI-USDT-SWAPlong | +0.0100% | 4h | 0.05895 | long leg | $3.0M | $39.9M | 50x | |
| Gate SEI_USDT | +0.0100% | 8h | 0.05901 | +0.102% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05898 | +0.051% | $29.1M | $26.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05898 | +0.051% | $6.9M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05898 | +0.051% | $9.3M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05897 | +0.034% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05899 | +0.068% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05915 | +0.339% | $210K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05910 | +0.254% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05905 | +0.170% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05897 | +0.027% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0215% | 1h | 0.05900 | +0.079% | $373K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05896 | +0.017% | $708K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05897 | +0.030% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05898 | +0.051% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2249% | 1h | 0.05902 | +0.122% | $101K | $2K | 5x | as long as short |
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
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD