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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h +0.075%
Price spread now: Aster against Coinbase International−0.747%7-day average +0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$1201.200% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.593%+$59 on $10k
Price spread, last 3 days (all we have)+0.869%+$87 · spread now −0.747%, 7d avg +0.093%
Together, before fees+1.462%+ Points / potential airdropAster: Stage 5 · farm board+$146 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.840% cheaper against Coinbase International than usual: you would sell low and buy high (−$84 if the spread goes back to its 7-day average of +0.093%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.593%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SEI-PERP-INTX0.059600.0192pay 0.0024% / 1h55m 56s$33K$209K50x
ShortAster SEIUSDT0.059150.0100get 0.0100% / 8h1h 55m$309K$368K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
−$19.32
Price spread: −0.747% → +0.093%
−$84.03
Slippage, 4 orders
−$101.97
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$223.32
Costs to cover
1.200%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 27 min ago; Aster: live order book, 26 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, 27 min ago15.98 bp24.2 bp −$24189.2 bp −$1,892doesn't fitdoesn't fit
Sell Aster live order book, 26 min ago8.40 bp18.7 bp −$19doesn'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
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05911−0.826%$23K100xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05910−0.839%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05914−0.772%$20K$62K25xas long as short
Variational Omni SEI+0.0023%8h0.05894−1.102%$313K$240Kas long as short
Lighter SEI+0.0096%1h0.05913−0.789%$267K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05912−0.805%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05921−0.651%$3.4M$6.6M5xas long as short
Aster SEIUSDTshort+0.0100%8h0.05915−0.747%$309K$368K20x
Binance SEIUSDT+0.0100%8h0.05913−0.789%$13.7M$126.6M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05910−0.839%$13.9M$36.1M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05915−0.755%$3.0M$40.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.05907−0.889%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05913−0.789%$29.1M$25.9M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05913−0.789%$6.9M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05914−0.772%$9.3M$17.0M75xas long as short
BingX SEI-USDT+0.0100%8h0.05910−0.839%$32.9Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05915−0.755%$118K$561K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05898−1.041%$209K$1.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05900−1.007%$107K$669K50xas long as short
SunX SEI-USDT+0.0100%8h0.05923−0.621%$22K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05911−0.825%$75K$476K25xas long as short
Kraken Futures PF_SEIUSD+0.0189%1h0.05913−0.795%$374K$1.6M50xas long as short
Coinbase International SEI-PERP-INTXlong+0.0192%1h0.05960long leg$33K$209K50x
BloFin SEI-USDT+0.0220%8h0.05906−0.906%$707K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05912−0.812%$11320xas long as short
Injective SEI/USDC PERP+0.0864%1h0.05916−0.738%$8K$42K12xas long as short
dYdX SEI-USD+0.2782%1h0.05907−0.881%$101K$2K5xas long as short