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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h +0.059%
Price spread now: SunX against Coinbase International−0.133%7-day average +0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$1831.833% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.507%+$51 on $10k
Price spread, last 4 days (all we have)+0.477%+$48 · spread now −0.133%, 7d avg +0.166%
Together, before fees+0.984%+$98 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.299% cheaper against Coinbase International than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.166%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.507%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SEI-PERP-INTX0.060100.0280pay 0.0035% / 1h59m 31s$43K$230K50x
ShortSunX SEI-USDT0.060020.0100get 0.0100% / 8h1h 59m$23K$3.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$37.8
Price spread: −0.133% → +0.166%
−$29.89
Slippage, 4 orders
−$165.3
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$250.99
Costs to cover
1.833%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 48 min ago; SunX: live order book, 9 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, 48 min ago15.97 bp70.8 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 9 min ago14.97 bp23.2 bp −$23doesn'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−0.0133%8h0.05991−0.310%$316K$179Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05991−0.314%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0030% / S −0.0028%1h0.05991−0.323%$3K100xas long as short
Lighter SEI+0.0096%1h0.06003−0.116%$271K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.06004−0.105%$3.4M$4.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.06005−0.079%$314K$360K20xas long as short
Binance SEIUSDT+0.0100%8h0.06003−0.114%$14.6M$126.4M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05995−0.250%$14.1M$34.4M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05996−0.233%$3.4M$36.7M50xas long as short
Gate SEI_USDT+0.0100%8h0.06000−0.166%$1.1M$3.0M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.06002−0.133%$34.9M$27.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06003−0.116%$6.5M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06003−0.116%$9.8M$16.6M75xas long as short
BingX SEI-USDT+0.0100%8h0.06000−0.166%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05997−0.216%$107K$649K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05998−0.200%$204K$2.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.060100.000%$102K$672K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05993−0.283%$2K$131K20xas long as short
SunX SEI-USDTshort+0.0100%8h0.06002−0.133%$23K$3.9M30x
Extended SEI-USD+0.0104%1h0.06002−0.137%$76K$558K25xas long as short
Deribit SEI_USDC-PERPETUAL+0.0251%1h0.05994−0.266%$378$72K25xas long as short
Coinbase International SEI-PERP-INTXlong+0.0280%1h0.06010long leg$43K$230K50x
Reya SEIRUSDPERP+0.0346%1h0.05991−0.308%$11420xas long as short
BloFin SEI-USDT+0.0368%8h0.06000−0.166%$727K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0410%1h0.06003−0.116%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0537%1h0.06000−0.172%$361K$1.6M50xas long as short
dYdX SEI-USD+0.1332%1h0.05998−0.193%$102K$2K5xas long as short