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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Backpack−0.268%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$940.942% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 3 days (all we have)+0.583%+$58 · spread now −0.268%, 7d avg −0.073%
Together, before fees+0.544%+$54 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: ApeX Omni is 0.195% cheaper against Backpack than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SEI_USDC_PERP0.059660.0100pay 0.0013% / 1h54m 55s$121K$569K10x
ShortApeX Omni SEIUSDT0.059500.0100get 0.0013% / 1h54m 55s$109K$668K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Backpack. 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: −0.268% → −0.073%
−$19.53
Slippage, 4 orders
−$74.16
Fee Backpack: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$113.69
Costs to cover
0.942%
Break-even
never at this rate
Slippage from Backpack: live order book, 34 min ago; ApeX Omni: live order book, 33 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 Backpack live order book, 34 min ago0.84 bp10.1 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 33 min ago16.75 bp28.6 bp −$29156.1 bp −$1,561doesn'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%1h0.05959−0.124%$23K100xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05940−0.436%$33K$221K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05961−0.078%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05964−0.034%$30K$52K25xas long as short
Variational Omni SEI+0.0063%8h0.05946−0.327%$316K$243Kas long as short
Lighter SEI+0.0096%1h0.05965−0.017%$269K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05962−0.067%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05958−0.129%$3.5M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05963−0.048%$312K$382K20xas long as short
Binance SEIUSDT+0.0100%8h0.05957−0.148%$14.0M$128.8M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05949−0.285%$14.0M$36.6M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05950−0.268%$3.1M$40.6M50xas long as short
Gate SEI_USDT+0.0100%8h0.05951−0.251%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05955−0.184%$29.9M$26.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05965−0.017%$7.1M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05954−0.201%$9.4M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.05952−0.235%$33.0Mas long as short
Backpack SEI_USDC_PERPlong+0.0100%1h0.05966long leg$121K$569K10x
GRVT SEI_USDT_Perp+0.0100%8h0.05949−0.288%$204K$1.4M10xas long as short
ApeX Omni SEIUSDTshort+0.0100%1h0.05950−0.268%$109K$668K50x
SunX SEI-USDT+0.0100%8h0.059660.000%$22K$4.8M30xas long as short
Extended SEI-USD+0.0104%1h0.05953−0.216%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0212%1h0.05965−0.020%$376K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05960−0.101%$725K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05958−0.137%$11420xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05983+0.285%$9K$42K12xas long as short
dYdX SEI-USD+0.2417%1h0.05955−0.177%$102K$2K5xas long as short