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 +0.020%
Price spread now: BingX against GRVT+0.245%54s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.640% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 3 days (all we have)−0.393%−$39 · spread now +0.245%, 7d avg +0.049%
Together, before fees−0.425%+ Points / potential airdropGRVT: Active · farm board−$42 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: BingX is 0.196% dearer against GRVT than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.049%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SEI_USDT_Perp0.058980.0100pay 0.0100% / 8h58m 29s$209K$1.5M10x
ShortBingX SEI-USDT0.059120.0100get 0.0100% / 8h58m 29s$33.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against GRVT. 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: +0.245% → +0.049%
$19.62
Slippage, 4 orders
−$44.98
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$44.37
Costs to cover
0.640%
Break-even
never at this rate
Slippage from GRVT: live order book, 5 min ago; BingX: live order book, 5 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 GRVT live order book, 5 min ago0.85 bp17.1 bp −$1726.0 bp −$260doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago2.55 bp10.7 bp −$1120.9 bp −$20961.1 bp −$6,110365.6 bp −$182.8K

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%1h0.05904+0.105%$23K100xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05904+0.109%$8K150xas long as short
Variational Omni SEI−0.0004%8h0.05885−0.209%$311K$232Kas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05907+0.161%$20K$62K25xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05905+0.127%$2K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.05921+0.396%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05913+0.265%$309K$368K20xas long as short
Binance SEIUSDT+0.0100%8h0.05917+0.327%$13.7M$125.7M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05911+0.228%$13.9M$36.1M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05912+0.245%$3.0M$39.8M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05905+0.127%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05914+0.279%$28.9M$25.3M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05909+0.194%$6.7M$14.1M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05917+0.330%$9.3M$16.9M75xas long as short
BingX SEI-USDTshort+0.0100%8h0.05912+0.245%$33.2M
GRVT SEI_USDT_Perplong+0.0100%8h0.05898long leg$209K$1.5M10x
ApeX Omni SEIUSDT+0.0100%1h0.05890−0.128%$107K$667K50xas long as short
SunX SEI-USDT+0.0100%8h0.05914+0.279%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05914+0.285%$75K$476K25xas long as short
Lighter SEI+0.0216%1h0.05915+0.296%$266K$1.2M10xas long as short
BloFin SEI-USDT+0.0220%8h0.05900+0.042%$696K$1.2M75xas long as short
Backpack SEI_USDC_PERP+0.0270%1h0.05909+0.194%$118K$563K10xas long as short
Kraken Futures PF_SEIUSD+0.0325%1h0.05908+0.181%$373K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0328%1h0.05899+0.025%$33K$207K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05917+0.337%$11320xas long as short
Injective SEI/USDC PERP+0.1153%1h0.05927+0.500%$9K$42K12xas long as short
dYdX SEI-USD+0.2947%1h0.05907+0.156%$101K$2K5xas long as short