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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.127%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 7 days−0.108%−$11 · spread now +0.127%, 7d avg +0.035%
Together, before fees−0.178%−$18 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: Binance is 0.091% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SEIUSDT0.059300.0100pay 0.0100% / 8h33m 40s$14.0M$36.0M50x
ShortBinance SEIUSDT0.059380.0100get 0.0100% / 8h33m 40s$14.0M$126.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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: +0.127% → +0.035%
$9.13
Slippage, 4 orders
−$17.87
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$29.74
Costs to cover
0.389%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 9 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 Bybit live order book, 5 min ago0.84 bp10.4 bp −$1023.7 bp −$237doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago0.84 bp9.4 bp −$921.0 bp −$21094.8 bp −$9,485doesn'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%1h0.05930−0.007%$23K100xas long as short
Variational Omni SEI−0.0038%8h0.05923−0.121%$317K$222Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05930+0.003%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05931+0.017%$20K$62K25xas long as short
Lighter SEI+0.0096%1h0.05939+0.152%$265K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05929−0.017%$1K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05941+0.187%$3.5M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05935+0.084%$310K$363K20xas long as short
Binance SEIUSDTshort+0.0100%8h0.05938+0.127%$14.0M$126.2M75x
Bybit SEIUSDTlong+0.0100%8h0.05930long leg$14.0M$36.0M50x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05932+0.034%$3.1M$40.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.05932+0.034%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05938+0.135%$35.1M$26.2M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05934+0.067%$6.2M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05940+0.169%$9.4M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05934+0.067%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05936+0.101%$117K$564K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05932+0.034%$202K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940+0.169%$108K$673K50xas long as short
SunX SEI-USDT+0.0100%8h0.05937+0.118%$23K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05940+0.168%$75K$476K25xas long as short
BloFin SEI-USDT+0.0220%8h0.05921−0.152%$706K$1.2M75xas long as short
Kraken Futures PF_SEIUSD+0.0323%1h0.05930−0.004%$369K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0328%1h0.05923−0.118%$33K$207K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05929−0.012%$11320xas long as short
Injective SEI/USDC PERP+0.1153%1h0.05912−0.304%$8K$43K12xas long as short
dYdX SEI-USD+0.2691%1h0.05935+0.084%$101K$2K5xas long as short