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 UTC+0.0362%/8h= +39.6% APRpaid last 24h +0.060%
Price spread now: Kraken Futures against Aster−0.049%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1031.027% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.187%+$19 on $10k
Price spread, last 4 days (all we have)−0.238%−$24 · spread now −0.049%, 7d avg +0.004%
Together, before fees−0.051%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.053% cheaper against Aster than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.004%). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.187% in total) that is about 48 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.187% in total (about 9.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SEIUSDT0.061670.0100pay 0.0100% / 8h5h 16m$323K$356K20x
ShortKraken Futures PF_SEIUSD0.061640.0462get 0.0058% / 1h16m 08s$384K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$76
Price spread: −0.049% → +0.004%
−$5.35
Slippage, 4 orders
−$84.75
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$32.09
Costs to cover
1.027%
Break-even
10.0 days
Slippage from Aster: live order book, 46 min ago; Kraken Futures: live order book, 2 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, 46 min ago8.35 bp40.0 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago6.51 bp19.2 bp −$1959.2 bp −$592doesn'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−0.0144%8h0.06155−0.197%$335K$183Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06165−0.033%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06164−0.056%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0006% / S +0.0174%1h0.06165−0.043%$7K100xas long as short
Lighter SEI+0.0096%1h0.06165−0.039%$280K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06168+0.001%$3.6M$5.7M5xas long as short
Aster SEIUSDTlong+0.0100%8h0.06167long leg$323K$356K20x
Binance SEIUSDT+0.0100%8h0.06165−0.039%$15.4M$129.7M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06159−0.137%$14.9M$36.1M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06165−0.039%$3.5M$40.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06163−0.072%$1.2M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06162−0.088%$36.8M$28.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06163−0.072%$6.6M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06168+0.009%$9.9M$16.6M75xas long as short
BingX SEI-USDT+0.0100%8h0.06160−0.120%$31.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06163−0.072%$113K$602K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06157−0.175%$213K$1.8M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06150−0.283%$111K$664K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06162−0.088%$2K$96K20xas long as short
SunX SEI-USDT+0.0100%8h0.06169+0.026%$23K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06160−0.123%$78K$548K25xas long as short
Coinbase International SEI-PERP-INTX+0.0128%1h0.06192+0.398%$42K$222K50xas long as short
Injective SEI/USDC PERP+0.0156%1h0.06145−0.364%$9K$43K12xas long as short
BloFin SEI-USDT+0.0220%8h0.06165−0.039%$772K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06161−0.097%$11820xas long as short
Kraken Futures PF_SEIUSDshort+0.0462%1h0.06164−0.049%$384K$1.6M50x
dYdX SEI-USD+0.0671%1h0.06161−0.100%$105K$2K5xas long as short