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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0763%/8h= −83.5% APRpaid last 24h +0.148%
Price spread now: SunX against Injective−0.218%7-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+2.022%+$202 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 −$23 a day on $10k at the current rate, and SunX is 0.218% cheaper against Injective than usual: you would sell low and buy high (−$22 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 +2.022%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SEI/USDC PERP0.059600.0863pay 0.0108% / 1h34m 52s$9K$42K12x
ShortSunX SEI-USDT0.059470.0100get 0.0100% / 8h2h 34m$22K$4.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$160.13
Price spread: −0.218% → 0.000%
−$21.81
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SunX: 4 bp × 2 orders
−$8
Net
−$189.96
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago500.51 bpdoesn't fitdoesn'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%1h0.05939−0.347%$23K100xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.059600.000%$33K$210K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05938−0.362%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05940−0.336%$20K$62K25xas long as short
Variational Omni SEI+0.0036%8h0.05924−0.599%$315K$240Kas long as short
Lighter SEI+0.0096%1h0.05940−0.336%$268K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0098%8h0.05939−0.352%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05941−0.326%$3.4M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05938−0.369%$311K$371K20xas long as short
Binance SEIUSDT+0.0100%8h0.05938−0.363%$13.8M$128.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05933−0.453%$13.9M$36.5M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05933−0.453%$3.0M$40.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.05937−0.386%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05940−0.336%$29.6M$26.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05940−0.336%$7.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05935−0.419%$9.3M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.05936−0.403%$33.0Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05943−0.285%$118K$564K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05934−0.434%$200K$1.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940−0.336%$108K$669K50xas long as short
SunX SEI-USDTshort+0.0100%8h0.05947−0.218%$22K$4.7M30x
Extended SEI-USD+0.0104%1h0.05938−0.368%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05938−0.365%$377K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05935−0.419%$715K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05938−0.377%$11320xas long as short
Injective SEI/USDC PERPlong+0.0863%1h0.05960long leg$9K$42K12x
dYdX SEI-USD+0.1907%1h0.05933−0.455%$101K$2K5xas long as short