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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0274%/8h= +30.0% APRpaid last 24h +0.066%
Price spread now: Kraken Futures against Binance+0.014%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$600.598% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.369%+$37 on $10k
Price spread, last 3 days (all we have)+0.008%+$1 · spread now +0.014%, 7d avg +0.022%
Together, before fees+0.378%+$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SEIUSDT0.059880.0100pay 0.0100% / 8h6h 50m$14.3M$129.3M75x
ShortKraken Futures PF_SEIUSD0.059890.0374get 0.0047% / 1h50m 18s$381K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$57.63
Price spread: +0.014% → +0.022%
−$0.88
Slippage, 4 orders
−$39.75
Fee Binance: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$3
Costs to cover
0.598%
Break-even
7.4 days
Slippage from Binance: live order book, 8 min ago; Kraken Futures: 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, 8 min ago0.84 bp11.3 bp −$1122.7 bp −$227132.5 bp −$13.2Kdoesn't fit
Sell Kraken Futures live order book, 3 min ago3.35 bp19.9 bp −$2068.2 bp −$682doesn'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 −0.0815% / S +0.0444%1h0.05987−0.023%$23K100xas long as short
Variational Omni SEI−0.0131%8h0.05970−0.309%$319K$210Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05988−0.002%$11K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05989+0.016%$10K$72K25xas long as short
Coinbase International SEI-PERP-INTX+0.0048%1h0.05998+0.166%$34K$208K50xas long as short
Bybit SEIUSDT+0.0079%8h0.05980−0.134%$14.1M$36.2M50xas long as short
Lighter SEI+0.0096%1h0.05990+0.033%$272K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05991+0.049%$2K$107K20xas long as short
Hyperliquid SEI+0.0100%1h0.05990+0.034%$3.5M$6.4M5xas long as short
Aster SEIUSDT+0.0100%8h0.05991+0.056%$313K$354K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SEIUSDTlong+0.0100%8h0.05988long leg$14.3M$129.3M75x
OKX SEI-USDT-SWAP+0.0100%4h0.05986−0.034%$3.2M$40.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.05988−0.001%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05988−0.001%$35.4M$28.3M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05989+0.016%$6.4M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05991+0.049%$9.5M$17.0M75xas long as short
BingX SEI-USDT+0.0100%8h0.05985−0.051%$31.6Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05987−0.018%$118K$568K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05974−0.235%$204K$1.6M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05970−0.301%$109K$676K50xas long as short
SunX SEI-USDT+0.0100%8h0.05996+0.133%$22K$4.5M30xas long as short
Extended SEI-USD+0.0104%1h0.05989+0.018%$77K$538K25xas long as short
BloFin SEI-USDT+0.0220%8h0.05979−0.151%$728K$1.1M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05986−0.041%$11420xas long as short
Kraken Futures PF_SEIUSDshort+0.0374%1h0.05989+0.014%$381K$1.6M50x
dYdX SEI-USD+0.0637%1h0.05994+0.092%$102K$2K5xas long as short
Injective SEI/USDC PERP+0.0844%1h0.05992+0.066%$9K$43K12xas long as short