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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.037%
Price spread now: BloFin against Lighter0.000%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.125%−$12 · spread now 0.000%, 7d avg +0.021%
Together, before fees−0.132%+ Points / potential airdropLighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.021% cheaper against Lighter than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.021%). If the spread goes back, that is −$2 on $10k: about 14 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SEI0.060450.0096pay 0.0012% / 1h40m 32s$274K$1.2M10x
ShortBloFin SEI-USDT0.060450.0220get 0.0220% / 8h5h 40m$738K$1.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$26.04
Price spread: 0.000% → +0.021%
−$2.11
Slippage, 4 orders
−$29.81
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$17.87
Costs to cover
0.418%
Break-even
11.8 days
Slippage from Lighter: live order book, 5 min ago; BloFin: live order book, 2 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, 5 min ago3.34 bp7.3 bp −$727.1 bp −$271doesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago2.48 bp15.8 bp −$1629.4 bp −$29495.0 bp −$9,503doesn'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 −0.0815% / S +0.0444%1h0.06047+0.033%$24K100xas long as short
Variational Omni SEI−0.0108%8h0.06039−0.094%$323K$178Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06047+0.033%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06041−0.066%$10K$72K25xas long as short
Lighter SEIlong+0.0096%1h0.06045long leg$274K$1.2M10x
Hyperliquid SEI+0.0100%1h0.060450.000%$3.5M$5.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.06045−0.004%$316K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.06044−0.014%$14.5M$128.0M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06038−0.116%$14.5M$35.7M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06041−0.066%$3.3M$39.8M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06044−0.017%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06048+0.050%$34.9M$27.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06041−0.066%$6.4M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06042−0.050%$9.5M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.06043−0.033%$31.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06039−0.099%$120K$594K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06030−0.249%$205K$1.7M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06030−0.248%$110K$665K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06039−0.099%$2K$97K20xas long as short
SunX SEI-USDT+0.0100%8h0.06059+0.232%$23K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06040−0.078%$78K$546K25xas long as short
Coinbase International SEI-PERP-INTX+0.0128%1h0.05977−1.125%$34K$207K50xas long as short
Injective SEI/USDC PERP+0.0156%1h0.06032−0.215%$9K$43K12xas long as short
BloFin SEI-USDTshort+0.0220%8h0.060450.000%$738K$1.2M75x
Reya SEIRUSDPERP+0.0346%1h0.06039−0.100%$11520xas long as short
Kraken Futures PF_SEIUSD+0.0472%1h0.06039−0.099%$381K$1.6M50xas long as short
dYdX SEI-USD+0.1110%1h0.06041−0.068%$103K$2K5xas long as short