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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0024%/8h= −2.6% APRnext payment $0.03 per $10,000 · paid last 24h +0.069%
Price spread now: Extended against Coinbase International−0.571%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$221as in the Price arb table
costs, in and out, $10k−$1611.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.398%+$40 on $10k
Price spread, last 4 days (all we have)+0.615%+$61 · spread now −0.571%, 7d avg +0.021%
Together, before fees+1.013%+ Points / potential airdropExtended: Active · farm board+$101 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 Extended is 0.592% cheaper against Coinbase International than usual: you would sell low and buy high (−$59 if the spread goes back to its 7-day average of +0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.398%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SEI-PERP-INTX0.061920.0128pay 0.0016% / 1h16m 46s$42K$222K50x
ShortExtended SEI-USD0.061570.0104get 0.0013% / 1h16m 46s$78K$548K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$5.04
Price spread: −0.571% → +0.021%
−$59.23
Slippage, 4 orders
−$146.33
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$225.6
Costs to cover
1.613%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 46 min ago; Extended: live order book, 46 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, 46 min ago18.40 bp71.4 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 46 min ago4.18 bp16.5 bp −$16123.0 bp −$1,230doesn'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−0.0136%8h0.06141−0.818%$334K$183Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06165−0.429%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06165−0.436%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0006% / S +0.0175%1h0.06166−0.418%$7K100xas long as short
Lighter SEI+0.0096%1h0.06168−0.388%$280K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06167−0.397%$3.6M$5.7M5xas long as short
Aster SEIUSDT+0.0100%8h0.06163−0.460%$322K$356K20xas long as short
Binance SEIUSDT+0.0100%8h0.06166−0.420%$15.4M$129.6M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06157−0.565%$14.9M$36.1M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06163−0.468%$3.5M$40.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06165−0.436%$1.2M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06167−0.404%$36.9M$28.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06160−0.517%$6.6M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06164−0.452%$9.9M$16.6M75xas long as short
BingX SEI-USDT+0.0100%8h0.06164−0.452%$31.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06166−0.420%$114K$603K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06157−0.571%$213K$1.8M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06150−0.678%$111K$664K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06165−0.436%$2K$96K20xas long as short
SunX SEI-USDT+0.0100%8h0.06170−0.355%$23K$4.3M30xas long as short
Extended SEI-USDshort+0.0104%1h0.06157−0.571%$78K$548K25x
Coinbase International SEI-PERP-INTXlong+0.0128%1h0.06192long leg$42K$222K50x
Injective SEI/USDC PERP+0.0156%1h0.06145−0.759%$9K$43K12xas long as short
BloFin SEI-USDT+0.0220%8h0.06165−0.436%$772K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06161−0.494%$11820xas long as short
Kraken Futures PF_SEIUSD+0.0462%1h0.06167−0.401%$384K$1.6M50xas long as short
dYdX SEI-USD+0.0671%1h0.06161−0.496%$105K$2K5xas long as short