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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0919%/8h= −100.6% APRnext payment $1.15 per $10,000 · paid last 24h +0.100%
Price spread now: Coinbase International against Injective−0.384%64s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+1.581%+$158 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Coinbase International is 0.384% cheaper against Injective than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.581%, so the current rate has only just turned against you. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SEI/USDC PERP0.059830.0863pay 0.0108% / 1h54m 06s$9K$42K12x
ShortCoinbase International SEI-PERP-INTX0.05960−0.0056pay 0.0007% / 1h54m 06s$33K$222K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. 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
−$192.89
Price spread: −0.384% → 0.000%
−$38.44
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$241.35
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 33 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Coinbase International live order book, 33 min ago14.22 bp28.5 bp −$29doesn't fitdoesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.05934−0.817%$23K100xas long as short
Deribit SEI_USDC-PERPETUAL−0.0087%1h0.05935−0.802%$20K$62K25xas long as short
Coinbase International SEI-PERP-INTXshort−0.0056%1h0.05960−0.384%$33K$222K50x
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05934−0.811%$8K150xas long as short
Variational Omni SEI+0.0063%8h0.05946−0.611%$316K$243Kas long as short
Lighter SEI+0.0096%1h0.05940−0.719%$268K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05935−0.802%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05940−0.715%$3.4M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05937−0.772%$311K$382K20xas long as short
Binance SEIUSDT+0.0100%8h0.05937−0.777%$14.0M$128.8M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05932−0.852%$14.0M$36.6M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05928−0.919%$3.0M$40.5M50xas long as short
Gate SEI_USDT+0.0100%8h0.05931−0.869%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05936−0.786%$29.7M$26.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05935−0.802%$7.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05935−0.802%$9.3M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.05932−0.852%$33.0Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05938−0.752%$118K$570K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05949−0.572%$204K$1.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05950−0.552%$109K$668K50xas long as short
SunX SEI-USDT+0.0100%8h0.05932−0.852%$22K$4.8M30xas long as short
Extended SEI-USD+0.0104%1h0.05934−0.812%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05939−0.737%$374K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05960−0.384%$725K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05929−0.901%$11320xas long as short
Injective SEI/USDC PERPlong+0.0863%1h0.05983long leg$9K$42K12x
dYdX SEI-USD+0.2438%1h0.05951−0.528%$102K$2K5xas long as short