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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.040%
Price spread now: Binance against Hyperliquid−0.050%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.178%−$18 on $10k
Price spread, last 7 days+0.020%+$2 · spread now −0.050%, 7d avg −0.017%
Together, before fees−0.157%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 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: Binance is 0.034% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SEI0.058940.0100pay 0.0013% / 1h2m 49s$3.4M$6.5M5x
ShortBinance SEIUSDT0.058920.0100get 0.0100% / 8h1h 02m$13.7M$125.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: −0.050% → −0.017%
−$3.36
Slippage, 4 orders
−$19.56
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$41.93
Costs to cover
0.386%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Binance: live order book, 10 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, 9 min ago0.68 bp10.0 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 10 min ago0.85 bp9.6 bp −$1019.7 bp −$19789.8 bp −$8,975doesn'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%1h0.05887−0.136%$23K100xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05887−0.127%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05889−0.093%$20K$62K25xas long as short
Variational Omni SEI+0.0001%8h0.05874−0.353%$310K$232Kas long as short
Lighter SEI+0.0096%1h0.05894−0.008%$265K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05889−0.093%$2K$110K20xas long as short
Hyperliquid SEIlong+0.0100%1h0.05894long leg$3.4M$6.5M5x
Aster SEIUSDT+0.0100%8h0.05891−0.064%$308K$368K20xas long as short
Binance SEIUSDTshort+0.0100%8h0.05892−0.050%$13.7M$125.7M75x
Bybit SEIUSDT+0.0100%8h0.05884−0.178%$13.9M$36.1M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05886−0.144%$3.0M$39.7M50xas long as short
Gate SEI_USDT+0.0100%8h0.05887−0.127%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05889−0.093%$28.8M$26.2M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05890−0.076%$6.7M$14.1M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05891−0.059%$9.3M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05887−0.127%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05891−0.059%$118K$563K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05887−0.134%$209K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05880−0.246%$107K$665K50xas long as short
SunX SEI-USDT+0.0100%8h0.05896+0.025%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05890−0.079%$75K$476K25xas long as short
Kraken Futures PF_SEIUSD+0.0190%1h0.05889−0.089%$372K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0192%1h0.05897+0.042%$33K$207K50xas long as short
BloFin SEI-USDT+0.0220%8h0.05889−0.093%$694K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05889−0.090%$11220xas long as short
Injective SEI/USDC PERP+0.0864%1h0.05883−0.195%$8K$42K12xas long as short
dYdX SEI-USD+0.2675%1h0.05888−0.107%$100K$2K5xas long as short