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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.169%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.237%+$24 · spread now −0.169%, 7d avg −0.037%
Together, before fees+0.249%+$25 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: Bybit is 0.132% cheaper against Gate than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SEI_USDT0.059260.0100pay 0.0100% / 8h16m 14s$1.1M$3.5M75x
ShortBybit SEIUSDT0.059160.0100get 0.0100% / 8h16m 14s$13.9M$36.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
Price spread: −0.169% → −0.037%
−$13.22
Slippage, 4 orders
−$38.39
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$77.61
Costs to cover
0.644%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Bybit: 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 Gate live order book, 2 min ago3.38 bp22.4 bp −$2256.0 bp −$560doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.84 bp11.7 bp −$1225.0 bp −$250doesn'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%1h0.05922−0.073%$23K100xas long as short
Variational Omni SEI−0.0070%8h0.05919−0.116%$317K$222Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05923−0.052%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05923−0.051%$20K$62K25xas long as short
Lighter SEI+0.0096%1h0.05927+0.017%$265K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05923−0.051%$1K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05928+0.037%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05927+0.020%$310K$363K20xas long as short
Binance SEIUSDT+0.0100%8h0.05926+0.002%$14.1M$126.5M75xas long as short
Bybit SEIUSDTshort+0.0100%8h0.05916−0.169%$13.9M$36.0M50x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05920−0.101%$3.1M$39.8M50xas long as short
Gate SEI_USDTlong+0.0100%8h0.05926long leg$1.1M$3.5M75x
MEXC SEI_USDT+0.0100%8h0.05924−0.034%$34.6M$26.3M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05928+0.034%$6.1M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05925−0.017%$9.3M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05923−0.051%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05932+0.101%$116K$565K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05932+0.097%$202K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940+0.236%$108K$673K50xas long as short
SunX SEI-USDT+0.0100%8h0.05932+0.101%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05922−0.065%$75K$476K25xas long as short
BloFin SEI-USDT+0.0220%8h0.05925−0.017%$713K$1.2M75xas long as short
Kraken Futures PF_SEIUSD+0.0324%1h0.05926+0.001%$367K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0328%1h0.05922−0.067%$33K$207K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05923−0.057%$11320xas long as short
Injective SEI/USDC PERP+0.1153%1h0.05921−0.084%$8K$43K12xas long as short
dYdX SEI-USD+0.2001%1h0.05930+0.068%$101K$2K5xas long as short