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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.13 per $10,000 · paid last 24h +0.032%
Price spread now: Backpack against gTrade (Gains Network)−0.007%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SEI/USD0.05937L −0.0005% / S +0.0006%get 0.0001% / 1h57m 56s$8K150x
ShortBackpack SEI_USDC_PERP0.059370.0100get 0.0013% / 1h57m 56s$121K$575K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against gTrade (Gains Network). 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
$22.08
Price spread: −0.007% → 0.000%
−$0.67
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
$1.4
Costs to cover
0.200%
Break-even
6.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Backpack live order book, 31 min ago0.84 bp12.5 bp −$12doesn't fitdoesn't fitdoesn't fit
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.05936−0.027%$23K100xas long as short
Deribit SEI_USDC-PERPETUAL−0.0087%1h0.05935−0.040%$30K$52K25xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05940+0.044%$33K$229K50xas long as short
gTrade (Gains Network) SEI/USDlongL −0.0005% / S +0.0006%1h0.05937long leg$8K150x
Variational Omni SEI+0.0063%8h0.05949+0.188%$316K$243Kas long as short
Lighter SEI+0.0096%1h0.05936−0.024%$267K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05936−0.024%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05940+0.045%$3.4M$6.7M5xas long as short
Aster SEIUSDT+0.0100%8h0.05940+0.040%$311K$382K20xas long as short
Binance SEIUSDT+0.0100%8h0.05939+0.027%$14.0M$129.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05934−0.057%$14.0M$36.7M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05937−0.007%$3.1M$40.6M50xas long as short
Gate SEI_USDT+0.0100%8h0.05934−0.057%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05939+0.027%$29.8M$26.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05940+0.044%$7.1M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05938+0.010%$9.3M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.05937−0.007%$32.9Mas long as short
Backpack SEI_USDC_PERPshort+0.0100%1h0.05937−0.007%$121K$575K10x
GRVT SEI_USDT_Perp+0.0100%8h0.05947+0.162%$205K$1.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05950+0.212%$109K$668K50xas long as short
SunX SEI-USDT+0.0100%8h0.05947+0.162%$23K$4.8M30xas long as short
Extended SEI-USD+0.0104%1h0.05939+0.032%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05936−0.022%$374K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05943+0.094%$723K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05940+0.041%$11320xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05975+0.633%$9K$42K12xas long as short
dYdX SEI-USD+0.2352%1h0.05941+0.062%$101K$2K5xas long as short