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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0013%/8h= −1.4% APRpaid last 24h +0.025%
Price spread now: Kraken Futures against BloFin+0.001%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$710.709% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.234%+$23 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.001%, 7d avg +0.010%
Together, before fees+0.248%+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.234%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SEI-USDT0.059490.0365pay 0.0365% / 8h1h 33m$729K$1.4M75x
ShortKraken Futures PF_SEIUSD0.059490.0352get 0.0044% / 1h33m 14s$365K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
−$2.76
Price spread: +0.001% → +0.010%
−$0.91
Slippage, 4 orders
−$48.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$74.61
Costs to cover
0.709%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; Kraken Futures: live order book, just now.

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 bp15.5 bp −$1624.3 bp −$24375.7 bp −$7,566doesn't fit
Sell Kraken Futures live order book, just now7.56 bp24.3 bp −$2458.4 bp −$584doesn'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−0.0115%8h0.05922−0.446%$309K$177Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05924−0.425%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0043% / S −0.0066%1h0.05928−0.360%$3K100xas long as short
Lighter SEI+0.0096%1h0.05942−0.118%$269K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05944−0.079%$3.4M$4.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.05939−0.160%$310K$367K20xas long as short
Binance SEIUSDT+0.0100%8h0.05946−0.056%$14.3M$125.3M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05940−0.151%$14.0M$34.1M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05943−0.101%$3.3M$36.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.05940−0.151%$1.1M$3.0M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.05942−0.118%$35.4M$27.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05945−0.067%$6.5M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05947−0.034%$9.6M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.05940−0.151%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05935−0.235%$108K$649K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05933−0.269%$209K$2.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940−0.151%$101K$667K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05946−0.050%$2K$147K20xas long as short
SunX SEI-USDT+0.0100%8h0.05951+0.034%$22K$3.8M30xas long as short
Extended SEI-USD+0.0104%1h0.05947−0.032%$75K$516K25xas long as short
Coinbase International SEI-PERP-INTX+0.0272%1h0.05980+0.521%$43K$230K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05941−0.133%$11320xas long as short
Kraken Futures PF_SEIUSDshort+0.0352%1h0.05949+0.001%$365K$1.6M50x
BloFin SEI-USDTlong+0.0365%8h0.05949long leg$729K$1.4M75x
Injective SEI/USDC PERP+0.0402%1h0.05925−0.403%$9K$40K12xas long as short
Deribit SEI_USDC-PERPETUAL+0.0423%1h0.05950+0.017%$376$72K25xas long as short
dYdX SEI-USD+0.2010%1h0.05938−0.185%$101K$2K5xas long as short