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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0160%/8h= −17.5% APRnext payment $0.20 per $10,000 · paid last 24h −0.076%
Price spread now: Coinbase International against Extended+0.397%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$800.804% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.392%−$39 on $10k
Price spread, last 3 days (all we have)−0.441%−$44 · spread now +0.397%, 7d avg −0.031%
Together, before fees−0.833%+ Points / potential airdropExtended: Active · farm board−$83 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.428% dearer against Extended than usual: you sell high and buy low (spread +0.397% now, against its 7-day average of −0.031%): +$43 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 8.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SEI-USD0.059360.0104pay 0.0013% / 1h53m 41s$75K$477K25x
ShortCoinbase International SEI-PERP-INTX0.05960−0.0056pay 0.0007% / 1h53m 41s$33K$222K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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
−$33.6
Price spread: +0.397% → −0.031%
$42.83
Slippage, 4 orders
−$65.42
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$71.19
Costs to cover
0.804%
Break-even
never at this rate
Slippage from Extended: live order book, 34 min ago; Coinbase International: live order book, 34 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 Extended live order book, 34 min ago3.35 bp17.0 bp −$1781.7 bp −$817doesn't fitdoesn't fit
Sell Coinbase International live order book, 34 min ago14.22 bp28.5 bp −$29doesn'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%1h0.05934−0.039%$23K100xas long as short
Deribit SEI_USDC-PERPETUAL−0.0087%1h0.05935−0.024%$20K$62K25xas long as short
Coinbase International SEI-PERP-INTXshort−0.0056%1h0.05960+0.397%$33K$222K50x
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05934−0.033%$8K150xas long as short
Variational Omni SEI+0.0063%8h0.05946+0.170%$316K$243Kas long as short
Lighter SEI+0.0096%1h0.05935−0.024%$267K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05935−0.024%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05939+0.050%$3.4M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05945+0.137%$311K$382K20xas long as short
Binance SEIUSDT+0.0100%8h0.05933−0.060%$14.0M$128.8M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05934−0.041%$14.0M$36.6M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05935−0.024%$3.0M$40.5M50xas long as short
Gate SEI_USDT+0.0100%8h0.05935−0.024%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05938+0.027%$29.8M$26.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05939+0.044%$7.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05937+0.010%$9.3M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.05933−0.057%$33.0Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05938+0.027%$118K$570K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05949+0.209%$204K$1.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05950+0.229%$109K$668K50xas long as short
SunX SEI-USDT+0.0100%8h0.05932−0.074%$22K$4.8M30xas long as short
Extended SEI-USDlong+0.0104%1h0.05936long leg$75K$477K25x
Kraken Futures PF_SEIUSD+0.0213%1h0.05939+0.042%$374K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05960+0.397%$725K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05929−0.123%$11320xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05983+0.785%$9K$42K12xas long as short
dYdX SEI-USD+0.2343%1h0.05935−0.015%$101K$2K5xas long as short