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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h −0.106%
Price spread now: Coinbase International against BloFin+0.101%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$680.680% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.555%−$56 on $10k
Price spread, last 3 days (all we have)−0.377%−$38 · spread now +0.101%, 7d avg −0.074%
Together, before fees−0.933%−$93 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.175% dearer against BloFin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.074%. Mind the row above: over the last 7 days funding on this pair cost −0.555%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SEI-USDT0.059440.0220pay 0.0220% / 8h3m 12s$723K$1.2M75x
ShortCoinbase International SEI-PERP-INTX0.059500.0328get 0.0041% / 1h3m 12s$33K$207K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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
$22.68
Price spread: +0.101% → −0.074%
$17.49
Slippage, 4 orders
−$46
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$27.83
Costs to cover
0.680%
Break-even
15.6 days
Slippage from BloFin: live order book, 4 min ago; Coinbase International: live order book, 10 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 BloFin live order book, 4 min ago1.68 bp11.3 bp −$1118.1 bp −$18153.9 bp −$5,386doesn't fit
Sell Coinbase International live order book, 10 min ago8.45 bp25.2 bp −$25doesn'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%1h0.05941−0.054%$23K100xas long as short
Variational Omni SEI−0.0088%8h0.05928−0.274%$317K$222Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05942−0.034%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL+0.0087%1h0.05945+0.017%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.05945+0.017%$266K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05943−0.017%$1K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.05948+0.067%$3.5M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05942−0.032%$310K$360K20xas long as short
Binance SEIUSDT+0.0100%8h0.05942−0.031%$14.5M$127.8M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05934−0.168%$14.1M$36.1M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05937−0.118%$3.1M$40.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.05941−0.050%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05942−0.034%$34.7M$27.3M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05941−0.050%$6.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05942−0.034%$9.3M$17.0M75xas long as short
BingX SEI-USDT+0.0100%8h0.05940−0.067%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05943−0.017%$117K$566K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05937−0.124%$209K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940−0.067%$108K$674K50xas long as short
SunX SEI-USDT+0.0100%8h0.05949+0.084%$23K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05941−0.056%$75K$476K25xas long as short
BloFin SEI-USDTlong+0.0220%8h0.05944long leg$723K$1.2M75x
Kraken Futures PF_SEIUSD+0.0323%1h0.05942−0.030%$364K$1.6M50xas long as short
Coinbase International SEI-PERP-INTXshort+0.0328%1h0.05950+0.101%$33K$207K50x
Reya SEIRUSDPERP+0.0346%1h0.05941−0.056%$11320xas long as short
Injective SEI/USDC PERP+0.1153%1h0.05933−0.185%$9K$43K12xas long as short
dYdX SEI-USD+0.1782%1h0.05944+0.003%$101K$2K5xas long as short