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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h −0.071%
Price spread now: Coinbase International against Aster+0.102%7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1151.147% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.587%−$59 on $10k
Price spread, last 3 days (all we have)−0.380%−$38 · spread now +0.102%, 7d avg −0.078%
Together, before fees−0.967%+ Points / potential airdropAster: Stage 5 · farm board−$97 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.180% dearer against Aster than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.078%. Mind the row above: over the last 7 days funding on this pair cost −0.587%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SEIUSDT0.059160.0100pay 0.0100% / 8h12m 06s$309K$363K20x
ShortCoinbase International SEI-PERP-INTX0.059220.0328get 0.0041% / 1h12m 06s$33K$207K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$47.88
Price spread: +0.102% → −0.078%
$18.01
Slippage, 4 orders
−$96.71
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$48.82
Costs to cover
1.147%
Break-even
14.1 days
Slippage from Aster: live order book, 65 min ago; Coinbase International: 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 Aster live order book, 65 min ago7.66 bp51.2 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago8.45 bp25.2 bp −$25doesn'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%1h0.05917+0.013%$23K100xas long as short
Variational Omni SEI−0.0070%8h0.05919+0.054%$317K$222Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.059160.000%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05918+0.035%$20K$62K25xas long as short
Lighter SEI+0.0096%1h0.05919+0.051%$264K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05917+0.018%$1K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05921+0.092%$3.4M$6.5M5xas long as short
Aster SEIUSDTlong+0.0100%8h0.05916long leg$309K$363K20x
Binance SEIUSDT+0.0100%8h0.05920+0.075%$14.1M$126.6M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05911−0.084%$13.9M$36.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05916+0.001%$3.1M$39.8M50xas long as short
Gate SEI_USDT+0.0100%8h0.05914−0.033%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05917+0.018%$34.6M$26.3M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05916+0.001%$6.1M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05919+0.051%$9.3M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05914−0.033%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05919+0.051%$116K$565K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05931+0.247%$202K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05920+0.068%$108K$673K50xas long as short
SunX SEI-USDT+0.0100%8h0.05921+0.085%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05915−0.018%$75K$476K25xas long as short
BloFin SEI-USDT+0.0220%8h0.05922+0.102%$716K$1.2M75xas long as short
Kraken Futures PF_SEIUSD+0.0324%1h0.05920+0.061%$367K$1.6M50xas long as short
Coinbase International SEI-PERP-INTXshort+0.0328%1h0.05922+0.102%$33K$207K50x
Reya SEIRUSDPERP+0.0346%1h0.05916+0.004%$11320xas long as short
Injective SEI/USDC PERP+0.1153%1h0.05913−0.050%$8K$43K12xas long as short
dYdX SEI-USD+0.2002%1h0.05911−0.082%$101K$2K5xas long as short