Funding you earn now, next payment 08:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.53 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against Orderly+0.216%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.216% dearer against Orderly than usual: you sell high and buy low (spread +0.216% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SEI_USDC | 0.06012 | 0.0100 | pay 0.0100% / 8h | 3h 53m | $2K | $50K | 20x |
| Short | Bybit SEIUSDT | 0.06025 | 0.0047 | get 0.0047% / 8h | 3h 53m | $14.4M | $36.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- −$11.1
- Price spread: +0.216% → 0.000%
- $21.62
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$6.48
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 0.83 bp | 14.0 bp −$14 | 32.1 bp −$321 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0201% | 8h | 0.06002 | −0.159% | $320K | $187K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06018 | +0.108% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06015 | +0.050% | $10K | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0042% / S +0.0098% | 1h | 0.06017 | +0.077% | $6K | — | 100x | as long as short |
| Bybit SEIUSDTshort | +0.0047% | 8h | 0.06025 | +0.216% | $14.4M | $36.3M | 50x | |
| Lighter SEI | +0.0096% | 1h | 0.06029 | +0.283% | $270K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06029 | +0.283% | $3.5M | $5.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06028 | +0.272% | $315K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06027 | +0.251% | $14.8M | $130.4M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06031 | +0.316% | $3.4M | $40.1M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06025 | +0.216% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06028 | +0.266% | $35.2M | $28.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06029 | +0.283% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06028 | +0.266% | $9.9M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06024 | +0.200% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06018 | +0.100% | $107K | $629K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06013 | +0.018% | $208K | $2.0M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06020 | +0.133% | $108K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDClong | +0.0100% | 8h | 0.06012 | long leg | $2K | $50K | 20x | |
| SunX SEI-USDT | +0.0100% | 8h | 0.06035 | +0.383% | $23K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06026 | +0.230% | $76K | $550K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.06010 | −0.033% | $43K | $217K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06040 | +0.466% | $757K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0257% | 1h | 0.06018 | +0.106% | $371K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06020 | +0.133% | $115 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.06053 | +0.682% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1784% | 1h | 0.06023 | +0.190% | $103K | $2K | 5x | as long as short |
Bybit SEIUSDT
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance 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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERP