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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster−0.077%7-day average −0.026% · 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−$88as in the Price arb table
costs, in and out, $10k−$820.825% 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)+0.055%+$5 · spread now −0.077%, 7d avg −0.026%
Together, before fees+0.042%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$4 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 0.050% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SEIUSDT0.061110.0100pay 0.0100% / 8h4h 31m$320K$354K20x
ShortLighter SEI0.061060.0096get 0.0012% / 1h31m 15s$278K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: −0.077% → −0.026%
−$5.04
Slippage, 4 orders
−$74.47
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$88.35
Costs to cover
0.825%
Break-even
never at this rate
Slippage from Aster: live order book, 26 min ago; Lighter: live order book, 10 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, 26 min ago8.16 bp43.4 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 10 min ago3.30 bp10.6 bp −$1133.3 bp −$333doesn'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−0.0180%8h0.06037−1.198%$322K$189Kas long as short
Coinbase International SEI-PERP-INTX−0.0032%1h0.06149+0.627%$43K$221K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06108−0.036%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06104−0.109%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0039% / S +0.0125%1h0.06109−0.034%$6K100xas long as short
Bybit SEIUSDT+0.0089%8h0.06100−0.175%$14.6M$36.3M50xas long as short
Lighter SEIshort+0.0096%1h0.06106−0.077%$278K$1.2M10x
Hyperliquid SEI+0.0100%1h0.06114+0.046%$3.5M$5.5M5xas long as short
Aster SEIUSDTlong+0.0100%8h0.06111long leg$320K$354K20x
Binance SEIUSDT+0.0100%8h0.06107−0.063%$15.1M$130.4M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06102−0.142%$3.5M$40.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.06110−0.011%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06106−0.077%$35.3M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06108−0.044%$6.6M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06108−0.044%$10.0M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.06107−0.060%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06110−0.011%$109K$615K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06067−0.715%$209K$1.9M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06080−0.502%$109K$667K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06102−0.142%$2K$83K20xas long as short
SunX SEI-USDT+0.0100%8h0.06122+0.185%$23K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06102−0.143%$78K$552K25xas long as short
BloFin SEI-USDT+0.0220%8h0.06104−0.109%$771K$1.3M75xas long as short
Injective SEI/USDC PERP+0.0267%1h0.06106−0.077%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0310%1h0.06104−0.105%$380K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06108−0.044%$11720xas long as short
dYdX SEI-USD+0.0599%1h0.06110−0.013%$104K$2K5xas long as short