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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Lighter+0.017%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$680.677% 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 4 days (all we have)−0.143%−$14 · spread now +0.017%, 7d avg +0.031%
Together, before fees−0.130%+ Points / potential airdropLighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SEI0.059450.0096pay 0.0012% / 1h21m 37s$268K$1.2M10x
ShortKuCoin SEIUSDTM0.059460.0100get 0.0100% / 8h2h 21m$7.1M$14.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.017% → +0.031%
−$1.41
Slippage, 4 orders
−$55.66
Fee Lighter: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$68.24
Costs to cover
0.677%
Break-even
575.7 days
Slippage from Lighter: live order book, 4 min ago; KuCoin: 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, 4 min ago3.37 bp9.2 bp −$931.8 bp −$318doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago4.20 bp29.0 bp −$2974.3 bp −$743doesn'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%1h0.05947+0.035%$23K100xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05960+0.252%$33K$210K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05946+0.022%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05949+0.067%$20K$62K25xas long as short
Variational Omni SEI+0.0030%8h0.05945−0.003%$315K$240Kas long as short
Lighter SEIlong+0.0096%1h0.05945long leg$268K$1.2M10x
Orderly PERP_SEI_USDC+0.0098%8h0.05947+0.034%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05951+0.098%$3.5M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05946+0.013%$311K$371K20xas long as short
Binance SEIUSDT+0.0100%8h0.05946+0.011%$13.9M$128.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05938−0.118%$14.0M$36.5M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05939−0.101%$3.0M$40.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.05941−0.067%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05942−0.050%$29.5M$26.8M300xas long as short
KuCoin SEIUSDTMshort+0.0100%8h0.05946+0.017%$7.1M$14.2M75x
Bitget SEIUSDT+0.0100%8h0.05942−0.050%$9.3M$17.2M75xas long as short
BingX SEI-USDT+0.0100%8h0.05940−0.084%$33.0Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05946+0.017%$119K$564K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05942−0.042%$211K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05930−0.252%$108K$670K50xas long as short
SunX SEI-USDT+0.0100%8h0.05955+0.168%$22K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05941−0.070%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05945−0.006%$377K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05949+0.067%$711K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05948+0.046%$11420xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05977+0.538%$9K$42K12xas long as short
dYdX SEI-USD+0.2209%1h0.05946+0.012%$101K$2K5xas long as short