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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Lighter against gTrade (Gains Network)+0.182%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.182% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SEI/USD0.06029L −0.0006% / S +0.0006%get 0.0001% / 1h54m 47s150x
ShortLighter SEI0.060400.0096get 0.0012% / 1h54m 47s$270K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$21.4
Price spread: +0.182% → 0.000%
$18.25
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$29.64
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 1 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 Lighter live order book, 1 min ago3.32 bp9.9 bp −$1034.5 bp −$345doesn'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
Variational Omni SEI−0.0201%8h0.06002−0.440%$320K$187Kas long as short
gTrade (Gains Network) SEI/USDlongL −0.0006% / S +0.0006%1h0.06029long leg150x
GMX SEI/USD [ETH-USDC]L +0.0041% / S +0.0099%1h0.06026−0.045%$6K100xas long as short
Bybit SEIUSDT+0.0044%8h0.06033+0.066%$14.4M$36.3M50xas long as short
Lighter SEIshort+0.0096%1h0.06040+0.182%$270K$1.1M10x
Hyperliquid SEI+0.0100%1h0.06041+0.204%$3.5M$5.4M5xas long as short
Aster SEIUSDT+0.0100%8h0.06041+0.192%$316K$349K20xas long as short
Binance SEIUSDT+0.0100%8h0.06041+0.199%$14.8M$130.4M75xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06038+0.149%$3.4M$40.1M50xas long as short
Gate SEI_USDT+0.0100%8h0.06040+0.182%$1.1M$3.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.06040+0.182%$35.1M$28.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06046+0.282%$6.5M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06042+0.216%$10.0M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.06038+0.149%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06046+0.282%$107K$628K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06013−0.264%$208K$2.0M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06020−0.149%$108K$668K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06033+0.066%$2K$52K20xas long as short
SunX SEI-USDT+0.0100%8h0.06038+0.149%$23K$4.2M30xas long as short
Extended SEI-USD+0.0104%1h0.06038+0.146%$76K$550K25xas long as short
Coinbase International SEI-PERP-INTX+0.0200%1h0.06010−0.315%$43K$217K50xas long as short
BloFin SEI-USDT+0.0220%8h0.06040+0.182%$757K$1.3M75xas long as short
Kraken Futures PF_SEIUSD+0.0256%1h0.06042+0.221%$373K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06034+0.087%$11520xas long as short
Deribit SEI_USDC-PERPETUAL+0.0413%1h0.06038+0.149%$10K$72K25xas long as short
Injective SEI/USDC PERP+0.0510%1h0.06053+0.398%$9K$43K12xas long as short
dYdX SEI-USD+0.2079%1h0.06024−0.083%$103K$2K5xas long as short