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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against ApeX Omni+0.659%108s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1011.015% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.743%−$74 · spread now +0.659%, 7d avg +0.012%
Together, before fees−0.756%+ Points / potential airdropLighter: Season 3 · farm board−$76 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.647% dearer against ApeX Omni than usual: you sell high and buy low, +$65 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SEIUSDT0.059200.0100pay 0.0013% / 1h21m 46s$100K$672K50x
ShortLighter SEI0.059590.0096get 0.0012% / 1h21m 46s$271K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.659% → +0.012%
$64.7
Slippage, 4 orders
−$91.45
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$37.59
Costs to cover
1.015%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 26 min ago; Lighter: live order book, 4 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, 26 min ago25.19 bp42.6 bp −$43163.6 bp −$1,636doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago4.21 bp12.0 bp −$1236.3 bp −$363doesn'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
Variational Omni SEI−0.0158%8h0.05911−0.160%$317K$175Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05949+0.482%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0014% / S +0.0021%1h0.05947+0.453%$3K100xas long as short
Lighter SEIshort+0.0096%1h0.05959+0.659%$271K$1.1M10x
Hyperliquid SEI+0.0100%1h0.05958+0.642%$3.4M$5.0M5xas long as short
Aster SEIUSDT+0.0100%8h0.05956+0.610%$311K$355K20xas long as short
Binance SEIUSDT+0.0100%8h0.05963+0.720%$14.3M$127.1M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05959+0.659%$14.2M$34.6M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05962+0.709%$3.4M$36.9M50xas long as short
Gate SEI_USDT+0.0100%8h0.05958+0.642%$1.1M$3.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.05961+0.693%$34.9M$27.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05961+0.693%$6.4M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05964+0.743%$9.8M$16.6M75xas long as short
BingX SEI-USDT+0.0100%8h0.05962+0.709%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05962+0.709%$106K$649K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05928+0.137%$203K$2.3M10xas long as short
ApeX Omni SEIUSDTlong+0.0100%1h0.05920long leg$100K$672K50x
Orderly PERP_SEI_USDC+0.0100%8h0.05951+0.524%$2K$112K20xas long as short
SunX SEI-USDT+0.0100%8h0.05952+0.541%$22K$4.0M30xas long as short
Extended SEI-USD+0.0104%1h0.05964+0.740%$76K$561K25xas long as short
Coinbase International SEI-PERP-INTX+0.0280%1h0.05912−0.135%$41K$224K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05950+0.499%$11420xas long as short
BloFin SEI-USDT+0.0368%8h0.05933+0.220%$724K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0410%1h0.05940+0.338%$9K$43K12xas long as short
Deribit SEI_USDC-PERPETUAL+0.0422%1h0.05955+0.591%$376$72K25xas long as short
Kraken Futures PF_SEIUSD+0.0541%1h0.05955+0.598%$367K$1.6M50xas long as short
dYdX SEI-USD+0.1260%1h0.05956+0.615%$102K$2K5xas long as short