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+0.0228%/8h= +25.0% APRpaid last 24h −0.071%
Price spread now: Coinbase International against Gate+0.118%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$880.881% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.445%−$45 on $10k
Price spread, last 3 days (all we have)−0.347%−$35 · spread now +0.118%, 7d avg −0.051%
Together, before fees−0.792%−$79 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.169% dearer against Gate than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.051%. Mind the row above: over the last 7 days funding on this pair cost −0.445%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SEI_USDT0.059150.0100pay 0.0100% / 8h11m 39s$1.1M$3.5M75x
ShortCoinbase International SEI-PERP-INTX0.059220.0328get 0.0041% / 1h11m 39s$33K$207K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$47.88
Price spread: +0.118% → −0.051%
$16.93
Slippage, 4 orders
−$63.1
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$23.29
Costs to cover
0.881%
Break-even
10.4 days
Slippage from Gate: live order book, 1 min ago; Coinbase International: live order book, 1 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, 1 min ago4.23 bp23.0 bp −$2359.2 bp −$592doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago8.45 bp25.2 bp −$25doesn't fitdoesn'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%1h0.05917+0.029%$23K100xas long as short
Variational Omni SEI−0.0070%8h0.05919+0.070%$317K$222Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05916+0.016%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05918+0.051%$20K$62K25xas long as short
Lighter SEI+0.0096%1h0.05918+0.051%$264K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05917+0.034%$1K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05914−0.014%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05916+0.018%$309K$363K20xas long as short
Binance SEIUSDT+0.0100%8h0.05917+0.036%$14.0M$126.7M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05912−0.051%$13.9M$36.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05919+0.068%$3.1M$39.8M50xas long as short
Gate SEI_USDTlong+0.0100%8h0.05915long leg$1.1M$3.5M75x
MEXC SEI_USDT+0.0100%8h0.05920+0.085%$34.6M$26.3M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05917+0.034%$6.1M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05920+0.085%$9.3M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05918+0.051%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05919+0.068%$116K$565K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05931+0.264%$202K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05920+0.085%$108K$673K50xas long as short
SunX SEI-USDT+0.0100%8h0.05921+0.101%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05918+0.057%$75K$476K25xas long as short
BloFin SEI-USDT+0.0220%8h0.05922+0.118%$716K$1.2M75xas long as short
Kraken Futures PF_SEIUSD+0.0324%1h0.05920+0.077%$367K$1.6M50xas long as short
Coinbase International SEI-PERP-INTXshort+0.0328%1h0.05922+0.118%$33K$207K50x
Reya SEIRUSDPERP+0.0346%1h0.05916+0.020%$11320xas long as short
Injective SEI/USDC PERP+0.1153%1h0.05913−0.034%$8K$43K12xas long as short
dYdX SEI-USD+0.2000%1h0.05912−0.042%$101K$2K5xas long as short