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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.040%
Price spread now: Hyperliquid against Binance−0.033%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.178%+$18 on $10k
Price spread, last 7 days+0.063%+$6 · spread now −0.033%, 7d avg +0.017%
Together, before fees+0.241%+ Points / potential airdropHyperliquid: Season 2 · farm board+$24 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 0.050% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SEIUSDT0.058860.0100pay 0.0100% / 8h1h 24m$13.7M$125.9M75x
ShortHyperliquid SEI0.058840.0100get 0.0013% / 1h24m 26s$3.4M$6.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: −0.033% → +0.017%
−$4.97
Slippage, 4 orders
−$18.94
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$42.91
Costs to cover
0.379%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Hyperliquid: live order book, 8 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, 4 min ago0.85 bp9.6 bp −$1017.6 bp −$176128.2 bp −$12.8Kdoesn't fit
Sell Hyperliquid live order book, 8 min ago1.27 bp9.2 bp −$9doesn'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 −0.0802% / S +0.0440%1h0.05885−0.016%$23K100xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05885−0.016%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05886+0.001%$20K$62K25xas long as short
Variational Omni SEI+0.0011%8h0.05868−0.309%$310K$232Kas long as short
Lighter SEI+0.0096%1h0.05888+0.035%$265K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05884−0.033%$2K$110K20xas long as short
Hyperliquid SEIshort+0.0100%1h0.05884−0.033%$3.4M$6.5M5x
Aster SEIUSDT+0.0100%8h0.05887+0.018%$308K$368K20xas long as short
Binance SEIUSDTlong+0.0100%8h0.05886long leg$13.7M$125.9M75x
Bybit SEIUSDT+0.0100%8h0.05879−0.118%$13.9M$36.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05879−0.118%$3.0M$39.7M50xas long as short
Gate SEI_USDT+0.0100%8h0.05879−0.118%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05883−0.050%$28.7M$26.1M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05882−0.067%$6.7M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05882−0.067%$9.3M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05884−0.033%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05885−0.016%$118K$563K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05880−0.096%$208K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05880−0.101%$107K$665K50xas long as short
SunX SEI-USDT+0.0100%8h0.05884−0.033%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05881−0.078%$75K$476K25xas long as short
Kraken Futures PF_SEIUSD+0.0190%1h0.05887+0.019%$372K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0192%1h0.05960+1.258%$33K$209K50xas long as short
BloFin SEI-USDT+0.0220%8h0.05887+0.018%$700K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05882−0.071%$11220xas long as short
Injective SEI/USDC PERP+0.0864%1h0.05864−0.373%$8K$42K12xas long as short
dYdX SEI-USD+0.2645%1h0.05884−0.029%$100K$2K5xas long as short