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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.078%
Price spread now: Kraken Futures against Extended+0.084%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$670.673% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.368%+$37 on $10k
Price spread, last 3 days (all we have)−0.013%−$1 · spread now +0.084%, 7d avg +0.056%
Together, before fees+0.355%+ Points / potential airdropExtended: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kraken Futures is 0.028% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SEI-USD0.058700.0104pay 0.0013% / 1h10m 01s$75K$476K25x
ShortKraken Futures PF_SEIUSD0.058750.0190get 0.0024% / 1h10m 01s$371K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$18.07
Price spread: +0.084% → +0.056%
$2.77
Slippage, 4 orders
−$52.33
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$46.49
Costs to cover
0.673%
Break-even
25.0 days
Slippage from Extended: live order book, 8 min ago; Kraken Futures: live order book, 3 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, 8 min ago4.26 bp16.9 bp −$17137.0 bp −$1,370doesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago4.26 bp18.6 bp −$1946.0 bp −$460doesn'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%1h0.05869−0.016%$23K100xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05870+0.006%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05872+0.033%$19K$62K25xas long as short
Variational Omni SEI+0.0003%8h0.05869−0.023%$310K$232Kas long as short
Lighter SEI+0.0096%1h0.05877+0.118%$265K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05872+0.033%$2K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.05878+0.135%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05879+0.146%$307K$368K20xas long as short
Binance SEIUSDT+0.0100%8h0.05874+0.067%$13.6M$125.7M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05867−0.052%$13.8M$36.1M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05867−0.052%$3.0M$39.6M50xas long as short
Gate SEI_USDT+0.0100%8h0.05870−0.001%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05873+0.050%$28.6M$26.1M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05870−0.001%$6.6M$14.1M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05870−0.001%$9.2M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05871+0.016%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05876+0.101%$118K$563K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05874+0.069%$208K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05870−0.001%$107K$664K50xas long as short
SunX SEI-USDT+0.0100%8h0.05877+0.118%$22K$4.6M30xas long as short
Extended SEI-USDlong+0.0104%1h0.05870long leg$75K$476K25x
Kraken Futures PF_SEIUSDshort+0.0190%1h0.05875+0.084%$371K$1.6M50x
Coinbase International SEI-PERP-INTX+0.0192%1h0.05885+0.255%$33K$207K50xas long as short
BloFin SEI-USDT+0.0220%8h0.05877+0.118%$697K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05867−0.057%$11220xas long as short
Injective SEI/USDC PERP+0.0864%1h0.05871+0.016%$8K$42K12xas long as short
dYdX SEI-USD+0.2654%1h0.05878+0.130%$100K$2K5xas long as short