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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.063%
Price spread now: SunX against Kraken Futures+0.130%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$910.906% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.287%−$29 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.130%, 7d avg +0.078%
Together, before fees−0.388%−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.051% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.078%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SEIUSD0.059620.0260pay 0.0032% / 1h59m 48s$366K$1.5M50x
ShortSunX SEI-USDT0.059700.0100get 0.0100% / 8h2h 59m$22K$4.0M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Kraken Futures. 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
−$33.51
Price spread: +0.130% → +0.078%
$5.12
Slippage, 4 orders
−$72.64
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$119.03
Costs to cover
0.906%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; SunX: live order book, 9 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 Kraken Futures live order book, 4 min ago8.40 bp20.8 bp −$2162.5 bp −$625doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago14.97 bp27.6 bp −$28doesn't fitdoesn'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
Variational Omni SEI−0.0199%8h0.05948−0.240%$322K$185Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05962+0.004%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05963+0.012%$377$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0048% / S +0.0048%1h0.05963+0.009%$6K100xas long as short
Bybit SEIUSDT+0.0063%8h0.05959−0.055%$14.2M$34.6M50xas long as short
Lighter SEI+0.0096%1h0.05962−0.005%$270K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05965+0.046%$3.4M$5.1M5xas long as short
Aster SEIUSDT+0.0100%8h0.05967+0.082%$312K$333K20xas long as short
Binance SEIUSDT+0.0100%8h0.05961−0.020%$14.6M$127.7M75xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05961−0.021%$3.4M$37.7M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05957−0.088%$1.1M$3.2M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05956−0.105%$34.3M$29.0M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05959−0.055%$6.4M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05964+0.029%$9.8M$16.6M75xas long as short
BingX SEI-USDT+0.0100%8h0.05958−0.072%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05961−0.021%$103K$631K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05979+0.281%$204K$2.2M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05960−0.038%$101K$669K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05962−0.005%$2K$75K20xas long as short
SunX SEI-USDTshort+0.0100%8h0.05970+0.130%$22K$4.0M30x
Extended SEI-USD+0.0104%1h0.05955−0.115%$82K$562K25xas long as short
Coinbase International SEI-PERP-INTX+0.0200%1h0.05960−0.038%$42K$224K50xas long as short
Kraken Futures PF_SEIUSDlong+0.0260%1h0.05962long leg$366K$1.5M50x
BloFin SEI-USDT+0.0263%8h0.05952−0.172%$749K$1.4M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05964+0.034%$11420xas long as short
Injective SEI/USDC PERP+0.0510%1h0.05929−0.558%$9K$43K12xas long as short
dYdX SEI-USD+0.1253%1h0.05959−0.056%$102K$2K5xas long as short