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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.117%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$440.437% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 7 days+0.106%+$11 · spread now −0.117%, 7d avg −0.036%
Together, before fees+0.167%+$17 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: Bybit is 0.082% cheaper against Binance than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SEIUSDT0.059590.0100pay 0.0100% / 8h7h 20m$14.4M$127.9M75x
ShortBybit SEIUSDT0.059520.0100get 0.0100% / 8h7h 20m$14.0M$35.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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: −0.117% → −0.036%
−$8.17
Slippage, 4 orders
−$22.73
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$51.89
Costs to cover
0.437%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 3 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 Binance live order book, 7 min ago0.84 bp9.8 bp −$1018.4 bp −$18499.3 bp −$9,930doesn't fit
Sell Bybit live order book, 3 min ago0.84 bp11.9 bp −$1227.9 bp −$279doesn'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%1h0.05958−0.022%$23K100xas long as short
Variational Omni SEI−0.0106%8h0.05951−0.142%$318K$211Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05957−0.038%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05957−0.034%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.059590.000%$271K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05956−0.050%$1K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.05959−0.002%$3.5M$6.3M5xas long as short
Aster SEIUSDT+0.0100%8h0.05955−0.065%$312K$349K20xas long as short
Binance SEIUSDTlong+0.0100%8h0.05959long leg$14.4M$127.9M75x
Bybit SEIUSDTshort+0.0100%8h0.05952−0.117%$14.0M$35.9M50x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05952−0.117%$3.2M$39.7M50xas long as short
Gate SEI_USDT+0.0100%8h0.05956−0.050%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05958−0.017%$35.6M$28.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05955−0.067%$6.1M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05956−0.050%$9.3M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.05956−0.050%$33.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05957−0.034%$118K$561K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05974+0.248%$202K$1.6M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05950−0.151%$108K$673K50xas long as short
SunX SEI-USDT+0.0100%8h0.05960+0.017%$22K$4.5M30xas long as short
Extended SEI-USD+0.0104%1h0.05957−0.036%$75K$540K25xas long as short
Coinbase International SEI-PERP-INTX+0.0144%1h0.05945−0.235%$34K$206K50xas long as short
Kraken Futures PF_SEIUSD+0.0179%1h0.05957−0.027%$371K$1.6M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05952−0.117%$722K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05953−0.095%$11420xas long as short
dYdX SEI-USD+0.0927%1h0.05949−0.171%$101K$2K5xas long as short
Injective SEI/USDC PERP+0.0974%1h0.05975+0.269%$9K$43K12xas long as short