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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Lighter+0.255%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$750.750% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 3 days (all we have)−0.108%−$11 · spread now +0.255%, 7d avg −0.012%
Together, before fees−0.095%+ Points / potential airdropLighter: Season 3 · farm board−$9 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 0.267% dearer against Lighter than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SEI0.058850.0096pay 0.0012% / 1h34m 47s$265K$1.2M10x
ShortApeX Omni SEIUSDT0.059000.0100get 0.0013% / 1h34m 47s$107K$667K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$0.84
Price spread: +0.255% → −0.012%
$26.67
Slippage, 4 orders
−$64.98
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$47.47
Costs to cover
0.750%
Break-even
402.6 days
Slippage from Lighter: live order book, 1 min ago; ApeX Omni: live order book, 48 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 Lighter live order book, 1 min ago2.55 bp5.7 bp −$625.4 bp −$254doesn't fitdoesn't fit
Sell ApeX Omni live order book, 48 min ago16.81 bp30.4 bp −$30150.7 bp −$1,507doesn'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%1h0.05884−0.020%$23K100xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05885−0.008%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05886+0.017%$20K$62K25xas long as short
Variational Omni SEI+0.0010%8h0.05880−0.088%$315K$228Kas long as short
Lighter SEIlong+0.0096%1h0.05885long leg$265K$1.2M10x
Orderly PERP_SEI_USDC+0.0099%8h0.058850.000%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05882−0.049%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05883−0.030%$307K$368K20xas long as short
Binance SEIUSDT+0.0100%8h0.05880−0.082%$13.7M$126.0M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05874−0.187%$13.8M$36.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05875−0.170%$3.0M$39.6M50xas long as short
Gate SEI_USDT+0.0100%8h0.05877−0.136%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05879−0.102%$28.6M$26.0M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05882−0.051%$6.7M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05879−0.102%$9.2M$17.0M75xas long as short
BingX SEI-USDT+0.0100%8h0.05877−0.136%$33.1Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05884−0.017%$118K$561K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.058850.000%$201K$1.5M10xas long as short
ApeX Omni SEIUSDTshort+0.0100%1h0.05900+0.255%$107K$667K50x
SunX SEI-USDT+0.0100%8h0.05893+0.136%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05877−0.135%$75K$476K25xas long as short
Kraken Futures PF_SEIUSD+0.0190%1h0.05883−0.034%$373K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0192%1h0.05960+1.274%$33K$209K50xas long as short
BloFin SEI-USDT+0.0220%8h0.05887+0.034%$698K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05886+0.014%$11220xas long as short
Injective SEI/USDC PERP+0.0864%1h0.05873−0.204%$8K$42K12xas long as short
dYdX SEI-USD+0.2661%1h0.05884−0.024%$100K$2K5xas long as short