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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.031%
Price spread now: ApeX Omni against Hyperliquid−0.149%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$970.968% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 3 days (all we have)+0.227%+$23 · spread now −0.149%, 7d avg −0.044%
Together, before fees+0.250%+ Points / potential airdropHyperliquid: Season 2 · farm board+$25 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: ApeX Omni is 0.105% cheaper against Hyperliquid than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SEI0.059590.0100pay 0.0013% / 1h20m 53s$3.5M$6.3M5x
ShortApeX Omni SEIUSDT0.059500.0100get 0.0013% / 1h20m 53s$108K$673K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Hyperliquid. 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: −0.149% → −0.044%
−$10.51
Slippage, 4 orders
−$77.84
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$107.35
Costs to cover
0.968%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; ApeX Omni: live order book, 52 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 Hyperliquid live order book, 11 min ago0.59 bp9.3 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 52 min ago16.89 bp36.4 bp −$36158.2 bp −$1,582doesn'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%1h0.05958−0.020%$23K100xas long as short
Variational Omni SEI−0.0106%8h0.05951−0.141%$318K$211Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05957−0.036%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05957−0.032%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.05959+0.002%$271K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05956−0.049%$1K$110K20xas long as short
Hyperliquid SEIlong+0.0100%1h0.05959long leg$3.5M$6.3M5x
Aster SEIUSDT+0.0100%8h0.05955−0.063%$312K$349K20xas long as short
Binance SEIUSDT+0.0100%8h0.05959+0.002%$14.4M$127.9M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05952−0.116%$14.0M$35.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05952−0.116%$3.2M$39.7M50xas long as short
Gate SEI_USDT+0.0100%8h0.05956−0.049%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05958−0.015%$35.6M$28.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05955−0.065%$6.1M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05956−0.049%$9.3M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.05956−0.049%$33.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05957−0.032%$118K$561K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05974+0.250%$202K$1.6M10xas long as short
ApeX Omni SEIUSDTshort+0.0100%1h0.05950−0.149%$108K$673K50x
SunX SEI-USDT+0.0100%8h0.05960+0.018%$22K$4.5M30xas long as short
Extended SEI-USD+0.0104%1h0.05957−0.034%$75K$540K25xas long as short
Coinbase International SEI-PERP-INTX+0.0144%1h0.05945−0.233%$34K$206K50xas long as short
Kraken Futures PF_SEIUSD+0.0179%1h0.05957−0.025%$371K$1.6M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05952−0.116%$722K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05953−0.093%$11420xas long as short
dYdX SEI-USD+0.0927%1h0.05949−0.169%$101K$2K5xas long as short
Injective SEI/USDC PERP+0.0974%1h0.05975+0.270%$9K$43K12xas long as short