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

SEI

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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: Bybit against GRVT+0.062%50s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.368% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.102%−$10 on $10k
Price spread, last 3 days (all we have)−0.164%−$16 · spread now +0.062%, 7d avg +0.004%
Together, before fees−0.266%+ Points / potential airdropGRVT: Active · farm board−$27 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 0.057% dearer against GRVT than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SEI_USDT_Perp0.059170.0100pay 0.0100% / 8h10m 35s$202K$1.5M10x
ShortBybit SEIUSDT0.059210.0100get 0.0100% / 8h10m 35s$14.0M$36.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.062% → +0.004%
$5.75
Slippage, 4 orders
−$16.77
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$31.02
Costs to cover
0.368%
Break-even
never at this rate
Slippage from GRVT: live order book, 3 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 GRVT live order book, 3 min ago0.85 bp9.9 bp −$1025.8 bp −$258doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago0.85 bp11.1 bp −$1124.8 bp −$248doesn'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%1h0.05918+0.013%$23K100xas long as short
Variational Omni SEI−0.0082%8h0.05910−0.130%$316K$222Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05918+0.011%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05920+0.045%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.05928+0.180%$265K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05920+0.045%$1K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05924+0.116%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05918+0.017%$309K$363K20xas long as short
Binance SEIUSDT+0.0100%8h0.05926+0.144%$14.1M$126.7M75xas long as short
Bybit SEIUSDTshort+0.0100%8h0.05921+0.062%$14.0M$36.0M50x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05923+0.096%$3.1M$39.8M50xas long as short
Gate SEI_USDT+0.0100%8h0.05921+0.062%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05927+0.163%$34.6M$26.3M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05921+0.062%$6.1M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05927+0.163%$9.3M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.05924+0.112%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05920+0.045%$116K$565K10xas long as short
GRVT SEI_USDT_Perplong+0.0100%8h0.05917long leg$202K$1.5M10x
ApeX Omni SEIUSDT+0.0100%1h0.05920+0.045%$108K$673K50xas long as short
SunX SEI-USDT+0.0100%8h0.05927+0.163%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05926+0.152%$75K$476K25xas long as short
BloFin SEI-USDT+0.0220%8h0.05921+0.062%$715K$1.2M75xas long as short
Kraken Futures PF_SEIUSD+0.0324%1h0.05919+0.032%$367K$1.5M50xas long as short
Coinbase International SEI-PERP-INTX+0.0328%1h0.05922+0.079%$33K$207K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05919+0.030%$11320xas long as short
Injective SEI/USDC PERP+0.1153%1h0.05903−0.242%$8K$43K12xas long as short
dYdX SEI-USD+0.1983%1h0.05927+0.165%$101K$2K5xas long as short