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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against GRVT−0.366%53s7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$620.617% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.118%−$12 on $10k
Price spread, last 7 days+0.328%+$33 · spread now −0.366%, 7d avg −0.071%
Together, before fees+0.210%+ Points / potential airdropGRVT: Active · farm board+$21 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: Bitget is 0.295% cheaper against GRVT than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.071%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SEI_USDT_Perp0.060130.0100pay 0.0100% / 8h2h 00m$205K$2.4M10x
ShortBitget SEIUSDT0.059910.0100get 0.0100% / 8h2h 00m$9.7M$16.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.366% → −0.071%
−$29.54
Slippage, 4 orders
−$40.7
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$91.24
Costs to cover
0.617%
Break-even
never at this rate
Slippage from GRVT: live order book, 3 min ago; Bitget: 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 GRVT live order book, 3 min ago2.49 bp10.3 bp −$1024.8 bp −$248doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.83 bp12.6 bp −$1333.5 bp −$33598.4 bp −$9,841doesn'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
Variational Omni SEI−0.0133%8h0.05991−0.359%$316K$179Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05996−0.280%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0030% / S −0.0028%1h0.05995−0.294%$3K100xas long as short
Lighter SEI+0.0096%1h0.05995−0.299%$271K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05992−0.348%$3.4M$4.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.05997−0.261%$313K$360K20xas long as short
Binance SEIUSDT+0.0100%8h0.05993−0.328%$14.6M$126.4M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05988−0.416%$14.1M$34.4M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05987−0.432%$3.4M$36.7M50xas long as short
Gate SEI_USDT+0.0100%8h0.05989−0.399%$1.1M$3.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.05991−0.366%$34.9M$27.9M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05992−0.349%$6.5M$14.5M75xas long as short
Bitget SEIUSDTshort+0.0100%8h0.05991−0.366%$9.7M$16.6M75x
BingX SEI-USDT+0.0100%8h0.05990−0.383%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06000−0.216%$107K$649K10xas long as short
GRVT SEI_USDT_Perplong+0.0100%8h0.06013long leg$205K$2.4M10x
ApeX Omni SEIUSDT+0.0100%1h0.06020+0.116%$102K$672K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06001−0.200%$2K$131K20xas long as short
SunX SEI-USDT+0.0100%8h0.06009−0.067%$23K$3.9M30xas long as short
Extended SEI-USD+0.0104%1h0.05990−0.388%$76K$558K25xas long as short
Deribit SEI_USDC-PERPETUAL+0.0250%1h0.06002−0.183%$379$72K25xas long as short
Coinbase International SEI-PERP-INTX+0.0280%1h0.06010−0.050%$43K$230K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05999−0.233%$11420xas long as short
BloFin SEI-USDT+0.0368%8h0.06000−0.216%$727K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0410%1h0.06003−0.166%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0537%1h0.06000−0.221%$361K$1.6M50xas long as short
dYdX SEI-USD+0.1324%1h0.05991−0.360%$102K$2K5xas long as short