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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.021%
Price spread now: Extended against GRVT−0.171%52s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$780.783% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.168%−$17 on $10k
Price spread, last 4 days (all we have)−0.466%−$47 · spread now −0.171%, 7d avg +0.011%
Together, before fees−0.634%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$63 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: Extended is 0.182% cheaper against GRVT than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SEI_USDT_Perp0.059650.0100pay 0.0100% / 8h6h 08m$202K$1.7M10x
ShortExtended SEI-USD0.059550.0104get 0.0013% / 1h8m 29s$79K$546K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.171% → +0.011%
−$18.21
Slippage, 4 orders
−$64.33
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$95.7
Costs to cover
0.783%
Break-even
804.5 days
Slippage from GRVT: live order book, 5 min ago; Extended: live order book, 59 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 ago0.84 bp17.8 bp −$1830.7 bp −$307doesn't fitdoesn't fit
Sell Extended live order book, 59 min ago3.34 bp15.5 bp −$1680.5 bp −$805doesn't fitdoesn't fit

SEI on 26 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 −0.0815% / S +0.0444%1h0.05950−0.255%$23K100xas long as short
Variational Omni SEI−0.0123%8h0.05957−0.126%$318K$208Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05952−0.226%150xas long as short
Coinbase International SEI-PERP-INTX+0.0048%1h0.05977+0.201%$34K$207K50xas long as short
Lighter SEI+0.0096%1h0.05958−0.117%$270K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.05958−0.122%$3.4M$5.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.05956−0.151%$312K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.05960−0.088%$14.3M$128.6M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05954−0.184%$14.1M$35.9M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05959−0.101%$3.2M$39.7M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05951−0.235%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05954−0.184%$34.5M$28.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05955−0.168%$6.3M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05961−0.067%$9.5M$16.6M75xas long as short
BingX SEI-USDT+0.0100%8h0.05953−0.201%$31.3Mas long as short
GRVT SEI_USDT_Perplong+0.0100%8h0.05965long leg$202K$1.7M10x
ApeX Omni SEIUSDT+0.0100%1h0.05960−0.084%$109K$668K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05951−0.235%$2K$97K20xas long as short
SunX SEI-USDT+0.0100%8h0.05958−0.117%$22K$4.4M30xas long as short
Backpack SEI_USDC_PERP+0.0103%1h0.05951−0.235%$118K$572K10xas long as short
Extended SEI-USDshort+0.0104%1h0.05955−0.171%$79K$546K25x
Reya SEIRUSDPERP+0.0346%1h0.05961−0.063%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0377%1h0.05953−0.204%$375K$1.6M50xas long as short
Deribit SEI_USDC-PERPETUAL+0.0424%1h0.05939−0.436%$10K$72K25xas long as short
dYdX SEI-USD+0.0766%1h0.05956−0.154%$102K$2K5xas long as short
Injective SEI/USDC PERP+0.0844%1h0.05943−0.369%$9K$43K12xas long as short