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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0063%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.053%
Price spread now: Kraken Futures against ApeX Omni+0.378%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$1221.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.244%+$24 on $10k
Price spread, last 4 days (all we have)−0.352%−$35 · spread now +0.378%, 7d avg +0.036%
Together, before fees−0.108%−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.342% dearer against ApeX Omni than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SEIUSDT0.061000.0100pay 0.0013% / 1h30m 32s$82K$680K50x
ShortKraken Futures PF_SEIUSD0.061230.0163get 0.0020% / 1h30m 32s$362K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$13.33
Price spread: +0.378% → +0.036%
$34.22
Slippage, 4 orders
−$102.07
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$74.52
Costs to cover
1.221%
Break-even
46.1 days
Slippage from ApeX Omni: live order book, 16 min ago; Kraken Futures: live order book, 1 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, 16 min ago24.29 bp35.6 bp −$36147.5 bp −$1,475doesn't fitdoesn't fit
Sell Kraken Futures live order book, 1 min ago5.71 bp27.4 bp −$2783.9 bp −$839doesn't fitdoesn't fit

SEI on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SEI/USDC PERP−0.0469%1h0.06070−0.492%$9K$37K12xas long as short
Variational Omni SEI−0.0156%8h0.06119+0.312%$337K$182Kas long as short
Coinbase International SEI-PERP-INTX−0.0048%1h0.06111+0.180%$68K$268K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.06102+0.034%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL+0.0076%1h0.06129+0.475%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.06128+0.459%$274K$988K10xas long as short
Hyperliquid SEI+0.0100%1h0.06125+0.405%$4.0M$4.2M5xas long as short
Aster SEIUSDT+0.0100%8h0.06124+0.393%$338K$323K20xas long as short
Binance SEIUSDT+0.0100%8h0.06119+0.319%$15.0M$117.4M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06110+0.164%$14.6M$33.8M50xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06115+0.246%$3.4M$34.7M50xas long as short
Gate SEI_USDT+0.0100%8h0.06122+0.361%$1.1M$2.7M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06118+0.295%$22.4M$30.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06120+0.328%$6.8M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06119+0.311%$9.6M$17.2M75xas long as short
BingX SEI-USDT+0.0100%8h0.06115+0.246%$16.9Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06124+0.393%$118K$748K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06099−0.015%$213K$3.1M10xas long as short
ApeX Omni SEIUSDTlong+0.0100%1h0.06100long leg$82K$680K50x
Orderly PERP_SEI_USDC+0.0100%8h0.06127+0.443%$2K$302K20xas long as short
SunX SEI-USDT+0.0100%8h0.06122+0.361%$23K$3.2M30xas long as short
Extended SEI-USD+0.0104%1h0.06114+0.230%$69K$417K25xas long as short
Kraken Futures PF_SEIUSDshort+0.0163%1h0.06123+0.378%$362K$1.8M50x
GMX SEI/USD [ETH-USDC]L +0.0215% / S −0.0631%1h0.06127+0.439%$3K100xas long as short
BloFin SEI-USDT+0.0220%8h0.06129+0.475%$762K$1.6M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06133+0.533%$11720xas long as short
dYdX SEI-USD+0.0891%1h0.06126+0.422%$105K$2K5xas long as short