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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.06 per $10,000 · paid last 24h +0.069%
Price spread now: ApeX Omni against Coinbase International−0.150%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1211.207% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.588%+$59 on $10k
Price spread, last 3 days (all we have)+0.258%+$26 · spread now −0.150%, 7d avg +0.029%
Together, before fees+0.846%+$85 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and ApeX Omni is 0.179% cheaper against Coinbase International than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.029%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.588%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SEI-PERP-INTX0.059890.0144pay 0.0018% / 1h15m 07s$34K$207K50x
ShortApeX Omni SEIUSDT0.059800.0100get 0.0013% / 1h15m 07s$109K$673K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
−$9.24
Price spread: −0.150% → +0.029%
−$17.9
Slippage, 4 orders
−$100.69
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$147.84
Costs to cover
1.207%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 58 min ago; ApeX Omni: live order book, 58 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 Coinbase International live order book, 58 min ago8.45 bp21.3 bp −$21215.3 bp −$2,153doesn't fitdoesn't fit
Sell ApeX Omni live order book, 58 min ago16.89 bp36.4 bp −$36158.2 bp −$1,582doesn'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%1h0.06000+0.177%$23K100xas long as short
Variational Omni SEI−0.0109%8h0.05984−0.091%$320K$210Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06000+0.179%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06003+0.234%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.06004+0.250%$273K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06001+0.200%$2K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.06008+0.312%$3.5M$6.3M5xas long as short
Aster SEIUSDT+0.0100%8h0.06001+0.206%$314K$349K20xas long as short
Binance SEIUSDT+0.0100%8h0.06003+0.230%$14.4M$127.8M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05997+0.134%$14.1M$35.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05999+0.167%$3.2M$40.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.06002+0.217%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06003+0.234%$35.8M$28.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06004+0.250%$6.2M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06003+0.234%$9.4M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.06001+0.200%$33.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06005+0.267%$119K$562K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05989−0.004%$212K$1.6M10xas long as short
ApeX Omni SEIUSDTshort+0.0100%1h0.05980−0.150%$109K$673K50x
SunX SEI-USDT+0.0100%8h0.06004+0.250%$22K$4.5M30xas long as short
Extended SEI-USD+0.0104%1h0.05999+0.170%$76K$542K25xas long as short
Coinbase International SEI-PERP-INTXlong+0.0144%1h0.05989long leg$34K$207K50x
Kraken Futures PF_SEIUSD+0.0178%1h0.06003+0.228%$372K$1.6M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05998+0.150%$728K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05998+0.147%$11420xas long as short
Injective SEI/USDC PERP+0.0974%1h0.06025+0.601%$9K$43K12xas long as short
dYdX SEI-USD+0.1033%1h0.05996+0.118%$102K$2K5xas long as short