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−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.026%
Price spread now: Hyperliquid against Extended+0.015%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$520.516% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.174%+$17 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.015%, 7d avg +0.066%
Together, before fees+0.233%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.051% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SEI-USD0.059660.0104pay 0.0013% / 1h12m 06s$79K$546K25x
ShortHyperliquid SEI0.059660.0100get 0.0013% / 1h12m 06s$3.4M$6.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$0.84
Price spread: +0.015% → +0.066%
−$5.11
Slippage, 4 orders
−$37.6
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$57.56
Costs to cover
0.516%
Break-even
never at this rate
Slippage from Extended: live order book, 56 min ago; Hyperliquid: live order book, 10 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, 56 min ago3.34 bp15.5 bp −$16121.5 bp −$1,215doesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago0.93 bp9.5 bp −$10doesn't fitdoesn't fitdoesn't fit

SEI on 26 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 −0.0815% / S +0.0444%1h0.05965−0.003%$23K100xas long as short
Variational Omni SEI−0.0121%8h0.05942−0.387%$318K$208Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05967+0.018%150xas long as short
Coinbase International SEI-PERP-INTX+0.0048%1h0.05977+0.193%$34K$207K50xas long as short
Deribit SEI_USDC-PERPETUAL+0.0085%1h0.05969+0.059%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.05970+0.075%$271K$1.2M10xas long as short
Hyperliquid SEIshort+0.0100%1h0.05966+0.015%$3.4M$6.1M5x
Aster SEIUSDT+0.0100%8h0.05967+0.033%$312K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.05966+0.006%$14.2M$128.7M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05962−0.059%$14.1M$35.9M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05960−0.092%$3.2M$39.8M50xas long as short
Gate SEI_USDT+0.0100%8h0.05965−0.009%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05964−0.025%$34.6M$28.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05966+0.008%$6.4M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05964−0.025%$9.5M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.05962−0.059%$31.5Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05968+0.042%$118K$571K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05965−0.016%$202K$1.7M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05960−0.092%$109K$668K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05968+0.042%$2K$97K20xas long as short
SunX SEI-USDT+0.0100%8h0.05974+0.142%$23K$4.4M30xas long as short
Extended SEI-USDlong+0.0104%1h0.05966long leg$79K$546K25x
Reya SEIRUSDPERP+0.0346%1h0.05966+0.012%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0376%1h0.05967+0.022%$377K$1.6M50xas long as short
dYdX SEI-USD+0.0711%1h0.05961−0.068%$102K$2K5xas long as short
Injective SEI/USDC PERP+0.0844%1h0.05951−0.243%$9K$43K12xas long as short