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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX+0.065%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$440.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 7 days−0.008%−$1 · spread now +0.065%, 7d avg +0.013%
Together, before fees+0.038%+ Points / potential airdropLighter: 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 0.052% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SEI-USDT0.061640.0100pay 0.0100% / 8h5h 16m$31.3M
ShortLighter SEI0.061680.0096get 0.0012% / 1h16m 48s$280K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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: +0.065% → +0.013%
$5.19
Slippage, 4 orders
−$33.53
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$39.18
Costs to cover
0.435%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; Lighter: live order book, 4 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 BingX live order book, 2 min ago1.63 bp11.7 bp −$1225.1 bp −$25183.4 bp −$8,341408.0 bp −$204.0K
Sell Lighter live order book, 4 min ago4.88 bp7.0 bp −$737.3 bp −$373doesn'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−0.0136%8h0.06141−0.367%$334K$183Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06165+0.024%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06165+0.016%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0006% / S +0.0175%1h0.06166+0.034%$7K100xas long as short
Lighter SEIshort+0.0096%1h0.06168+0.065%$280K$1.2M10x
Hyperliquid SEI+0.0100%1h0.06167+0.055%$3.6M$5.7M5xas long as short
Aster SEIUSDT+0.0100%8h0.06163−0.008%$322K$356K20xas long as short
Binance SEIUSDT+0.0100%8h0.06166+0.032%$15.4M$129.6M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06157−0.114%$14.9M$36.1M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06163−0.016%$3.5M$40.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06165+0.016%$1.2M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06167+0.049%$36.9M$28.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06160−0.065%$6.6M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.061640.000%$9.9M$16.6M75xas long as short
BingX SEI-USDTlong+0.0100%8h0.06164long leg$31.3M
Backpack SEI_USDC_PERP+0.0100%1h0.06166+0.032%$114K$603K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06157−0.120%$213K$1.8M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06150−0.227%$111K$664K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06165+0.016%$2K$96K20xas long as short
SunX SEI-USDT+0.0100%8h0.06170+0.097%$23K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06157−0.119%$78K$548K25xas long as short
Coinbase International SEI-PERP-INTX+0.0128%1h0.06192+0.454%$42K$222K50xas long as short
Injective SEI/USDC PERP+0.0156%1h0.06145−0.308%$9K$43K12xas long as short
BloFin SEI-USDT+0.0220%8h0.06165+0.016%$772K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06161−0.042%$11820xas long as short
Kraken Futures PF_SEIUSD+0.0462%1h0.06167+0.051%$384K$1.6M50xas long as short
dYdX SEI-USD+0.0671%1h0.06161−0.044%$105K$2K5xas long as short