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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.023%
Price spread now: Hyperliquid against Aster+0.040%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.023%−$2 on $10k
Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.040%, 7d avg +0.004%
Together, before fees−0.105%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board−$10 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: Hyperliquid is 0.036% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SEIUSDT0.059990.0100pay 0.0100% / 8h5h 47m$314K$354K20x
ShortHyperliquid SEI0.060020.0100get 0.0013% / 1h47m 16s$3.5M$5.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$0
Price spread: +0.040% → +0.004%
$3.65
Slippage, 4 orders
−$67.43
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$80.78
Costs to cover
0.844%
Break-even
never at this rate
Slippage from Aster: live order book, 15 min ago; Hyperliquid: live order book, 5 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, 15 min ago8.35 bp40.0 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago0.83 bp12.8 bp −$13doesn'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 −0.0815% / S +0.0444%1h0.05995−0.068%$23K100xas long as short
Variational Omni SEI−0.0111%8h0.06017+0.301%$322K$179Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05996−0.047%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05993−0.105%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.05992−0.121%$272K$1.2M10xas long as short
Hyperliquid SEIshort+0.0100%1h0.06002+0.040%$3.5M$5.9M5x
Aster SEIUSDTlong+0.0100%8h0.05999long leg$314K$354K20x
Binance SEIUSDT+0.0100%8h0.05988−0.193%$14.3M$127.9M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05991−0.138%$14.3M$35.7M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05989−0.171%$3.2M$39.5M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05998−0.021%$1.1M$3.3M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05998−0.021%$34.9M$27.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06001+0.029%$6.4M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05994−0.088%$9.5M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.05999−0.005%$31.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05998−0.021%$119K$593K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06033+0.556%$207K$1.7M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05990−0.155%$109K$665K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05992−0.121%$2K$97K20xas long as short
SunX SEI-USDT+0.0100%8h0.06010+0.179%$22K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.05991−0.139%$77K$546K25xas long as short
Coinbase International SEI-PERP-INTX+0.0128%1h0.05977−0.371%$34K$207K50xas long as short
Injective SEI/USDC PERP+0.0156%1h0.06015+0.262%$9K$43K12xas long as short
BloFin SEI-USDT+0.0220%8h0.05992−0.121%$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05996−0.046%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0475%1h0.05990−0.159%$376K$1.6M50xas long as short
dYdX SEI-USD+0.1181%1h0.06005+0.099%$102K$2K5xas long as short