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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bybit+0.557%46s7-day average +0.153% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$820.819% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)−0.484%−$48 · spread now +0.557%, 7d avg +0.153%
Together, before fees−0.446%−$45 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.405% dearer against Bybit than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of +0.153%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SEIUSDT0.061000.0083pay 0.0083% / 8h4h 27m$14.6M$36.3M50x
ShortSunX SEI-USDT0.061340.0100get 0.0100% / 8h4h 27m$23K$4.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$3.59
Price spread: +0.557% → +0.153%
$40.47
Slippage, 4 orders
−$62.9
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$37.84
Costs to cover
0.819%
Break-even
80.8 days
Slippage from Bybit: live order book, 1 min ago; SunX: 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, 1 min ago0.82 bp12.7 bp −$1324.0 bp −$240doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago14.77 bp31.1 bp −$31doesn'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
Variational Omni SEI−0.0183%8h0.06099−0.009%$325K$189Kas long as short
Coinbase International SEI-PERP-INTX−0.0032%1h0.06149+0.803%$43K$221K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06104+0.058%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06109+0.148%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0040% / S +0.0120%1h0.06104+0.059%$6K100xas long as short
Bybit SEIUSDTlong+0.0083%8h0.06100long leg$14.6M$36.3M50x
Lighter SEI+0.0096%1h0.06116+0.262%$278K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06111+0.175%$3.5M$5.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.06116+0.255%$320K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.06111+0.176%$15.2M$130.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06103+0.049%$3.5M$40.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.06115+0.246%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06109+0.148%$35.4M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06109+0.148%$6.6M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06110+0.164%$10.1M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.06113+0.213%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06110+0.164%$108K$614K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06109+0.149%$208K$1.9M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06130+0.492%$110K$667K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06107+0.115%$2K$83K20xas long as short
SunX SEI-USDTshort+0.0100%8h0.06134+0.557%$23K$4.3M30x
Extended SEI-USD+0.0104%1h0.06108+0.135%$78K$552K25xas long as short
BloFin SEI-USDT+0.0220%8h0.06123+0.377%$773K$1.3M75xas long as short
Injective SEI/USDC PERP+0.0267%1h0.06130+0.492%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0310%1h0.06108+0.136%$381K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06106+0.094%$11720xas long as short
dYdX SEI-USD+0.0564%1h0.06109+0.146%$104K$2K5xas long as short