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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0069%/8h= −7.5% APRnext payment $0.69 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Aster−0.222%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$920.924% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.128%−$13 on $10k
Price spread, last 4 days (all we have)+0.195%+$19 · spread now −0.222%, 7d avg −0.073%
Together, before fees+0.067%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.149% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SEIUSDT0.059930.0100pay 0.0100% / 8h3h 34m$313K$349K20x
ShortBybit SEIUSDT0.059800.0031get 0.0031% / 8h3h 34m$14.3M$36.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
−$14.41
Price spread: −0.222% → −0.073%
−$14.94
Slippage, 4 orders
−$73.39
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$121.73
Costs to cover
0.924%
Break-even
never at this rate
Slippage from Aster: live order book, 18 min ago; Bybit: 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 Aster live order book, 18 min ago6.63 bp46.2 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.83 bp17.6 bp −$1838.5 bp −$385doesn'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−0.0209%8h0.05990−0.056%$319K$187Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05985−0.136%150xas long as short
Bybit SEIUSDTshort+0.0031%8h0.05980−0.222%$14.3M$36.2M50x
GMX SEI/USD [ETH-USDC]L +0.0044% / S +0.0079%1h0.05985−0.146%$6K100xas long as short
Deribit SEI_USDC-PERPETUAL+0.0084%1h0.05986−0.122%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.05999+0.095%$267K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.05991−0.046%$3.5M$5.3M5xas long as short
Aster SEIUSDTlong+0.0100%8h0.05993long leg$313K$349K20x
Binance SEIUSDT+0.0100%8h0.05988−0.094%$14.7M$129.8M75xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05983−0.172%$3.4M$39.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05984−0.156%$1.1M$3.1M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05986−0.122%$34.8M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05989−0.072%$6.5M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05989−0.072%$10.0M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.05985−0.139%$31.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05999+0.095%$106K$631K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05991−0.047%$202K$2.1M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06000+0.111%$103K$669K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05984−0.156%$2K$53K20xas long as short
SunX SEI-USDT+0.0100%8h0.05995+0.028%$22K$4.2M30xas long as short
Extended SEI-USD+0.0104%1h0.05986−0.118%$76K$547K25xas long as short
Coinbase International SEI-PERP-INTX+0.0200%1h0.05994+0.011%$43K$218K50xas long as short
BloFin SEI-USDT+0.0220%8h0.05997+0.061%$755K$1.3M75xas long as short
Kraken Futures PF_SEIUSD+0.0258%1h0.05998+0.073%$375K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05989−0.080%$11420xas long as short
Injective SEI/USDC PERP+0.0510%1h0.06006+0.211%$9K$43K12xas long as short
dYdX SEI-USD+0.1541%1h0.05993−0.006%$102K$2K5xas long as short