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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1419%/8h= +155.4% APRpaid last 24h +0.489%
Price spread now: dYdX against Bybit−0.007%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$398as in the Price arb table
costs, in and out, $10k−$3943.940% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.732%+$173 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now −0.007%, 7d avg +0.036%
Together, before fees+1.732%+$173 on $10k · with fees, hour by hour
Funding pays, the price is against you. dYdX is 0.043% cheaper against Bybit than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.036%). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$43 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SEIUSDT0.059340.0100pay 0.0100% / 8h2h 37m$14.0M$34.5M50x
ShortdYdX SEI-USD0.059340.1520get 0.0190% / 1h37m 39s$101K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$298.1
Price spread: −0.007% → +0.036%
−$4.27
Slippage, 4 orders
−$373
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$100.18
Costs to cover
3.940%
Break-even
9.4 days
Slippage from Bybit: live order book, 6 min ago; dYdX: live order book, 11 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, 6 min ago0.84 bp12.8 bp −$1333.0 bp −$330doesn't fitdoesn't fit
Sell dYdX live order book, 11 min ago91.44 bp272.4 bp −$272275.6 bp −$2,756304.3 bp −$30.4K465.4 bp −$232.7K

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−0.0179%8h0.05911−0.387%$317K$175Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05931−0.057%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0011% / S +0.0031%1h0.05930−0.072%$3K100xas long as short
Lighter SEI+0.0096%1h0.05940+0.101%$270K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05940+0.093%$3.4M$5.0M5xas long as short
Aster SEIUSDT+0.0100%8h0.05937+0.054%$310K$351K20xas long as short
Binance SEIUSDT+0.0100%8h0.05939+0.084%$14.3M$127.1M75xas long as short
Bybit SEIUSDTlong+0.0100%8h0.05934long leg$14.0M$34.5M50x
OKX SEI-USDT-SWAP+0.0100%4h0.05935+0.017%$3.4M$37.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.05938+0.067%$1.1M$3.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.05939+0.084%$34.1M$27.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05937+0.051%$6.4M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.059340.000%$9.8M$16.6M75xas long as short
BingX SEI-USDT+0.0100%8h0.05942+0.135%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05942+0.135%$104K$639K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05909−0.413%$200K$2.2M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05930−0.067%$101K$672K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.059340.000%$2K$97K20xas long as short
SunX SEI-USDT+0.0100%8h0.05940+0.101%$22K$4.0M30xas long as short
Extended SEI-USD+0.0104%1h0.05940+0.109%$78K$565K25xas long as short
Coinbase International SEI-PERP-INTX+0.0280%1h0.05920−0.236%$42K$224K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05934+0.002%$11320xas long as short
BloFin SEI-USDT+0.0369%8h0.05921−0.219%$734K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0410%1h0.05928−0.101%$9K$43K12xas long as short
Deribit SEI_USDC-PERPETUAL+0.0424%1h0.05939+0.084%$375$72K25xas long as short
Kraken Futures PF_SEIUSD+0.0542%1h0.05941+0.116%$367K$1.6M50xas long as short
dYdX SEI-USDshort+0.1520%1h0.05934−0.007%$101K$2K5x