Settings8H · net · $10k
Funding arb · Price arb /

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0156%/8h= −17.1% APRnext payment $0.20 per $10,000 · paid last 24h −0.075%
Price spread now: Coinbase International against ApeX Omni+0.337%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.593%−$59 on $10k
Price spread, last 3 days (all we have)−0.378%−$38 · spread now +0.337%, 7d avg −0.046%
Together, before fees−0.971%−$97 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.382% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.337% now, against its 7-day average of −0.046%): +$38 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 8.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SEIUSDT0.059400.0100pay 0.0013% / 1h34m 48s$108K$669K50x
ShortCoinbase International SEI-PERP-INTX0.05960−0.0056pay 0.0007% / 1h34m 48s$33K$210K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.337% → −0.046%
$38.24
Slippage, 4 orders
−$99.32
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$113.84
Costs to cover
1.193%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 53 min ago; Coinbase International: live order book, 53 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 53 min ago16.75 bp43.0 bp −$43161.8 bp −$1,618doesn't fitdoesn't fit
Sell Coinbase International live order book, 53 min ago14.22 bp28.5 bp −$29doesn't fitdoesn't fitdoesn't fit

SEI on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05939−0.012%$23K100xas long as short
Coinbase International SEI-PERP-INTXshort−0.0056%1h0.05960+0.337%$33K$210K50x
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05938−0.027%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.059400.000%$20K$62K25xas long as short
Variational Omni SEI+0.0036%8h0.05924−0.264%$315K$240Kas long as short
Lighter SEI+0.0096%1h0.059400.000%$268K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0098%8h0.05939−0.017%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05941+0.010%$3.4M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05938−0.034%$311K$371K20xas long as short
Binance SEIUSDT+0.0100%8h0.05938−0.028%$13.8M$128.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05933−0.118%$13.9M$36.5M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05933−0.118%$3.0M$40.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.05937−0.051%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.059400.000%$29.6M$26.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.059400.000%$7.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05935−0.084%$9.3M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.05936−0.067%$33.0Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05943+0.051%$118K$564K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05934−0.099%$200K$1.4M10xas long as short
ApeX Omni SEIUSDTlong+0.0100%1h0.05940long leg$108K$669K50x
SunX SEI-USDT+0.0100%8h0.05947+0.118%$22K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05938−0.033%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05938−0.030%$377K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05935−0.084%$715K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05938−0.041%$11320xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05960+0.337%$9K$42K12xas long as short
dYdX SEI-USD+0.1907%1h0.05933−0.120%$101K$2K5xas long as short