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% APRpaid last 24h +0.001%
Price spread now: OKX against Lighter−0.102%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$410.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.102%, 7d avg −0.012%
Together, before fees+0.036%+ Points / potential airdropLighter: Season 3 · farm board+$4 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: OKX is 0.090% cheaper against Lighter than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SEI0.058820.0096pay 0.0012% / 1h34m 44s$265K$1.2M10x
ShortOKX SEI-USDT-SWAP0.058760.0100get 0.0050% / 4h1h 34m$3.0M$39.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.102% → −0.012%
−$9.02
Slippage, 4 orders
−$31.38
Fee Lighter: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$49.56
Costs to cover
0.414%
Break-even
420.0 days
Slippage from Lighter: live order book, 1 min ago; OKX: live order book, 4 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 OKX live order book, 4 min ago0.85 bp16.2 bp −$1634.8 bp −$348doesn'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+0.031%$23K100xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05885+0.043%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05886+0.068%$20K$62K25xas long as short
Variational Omni SEI+0.0010%8h0.05880−0.037%$315K$228Kas long as short
Lighter SEIlong+0.0096%1h0.05882long leg$265K$1.2M10x
Orderly PERP_SEI_USDC+0.0099%8h0.05885+0.051%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05882+0.002%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05882+0.007%$307K$368K20xas long as short
Binance SEIUSDT+0.0100%8h0.05880−0.029%$13.7M$126.0M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05875−0.119%$13.8M$36.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAPshort+0.0100%4h0.05876−0.102%$3.0M$39.6M50x
Gate SEI_USDT+0.0100%8h0.05876−0.102%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05880−0.034%$28.6M$26.0M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05879−0.051%$6.7M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05879−0.051%$9.2M$17.0M75xas long as short
BingX SEI-USDT+0.0100%8h0.05879−0.051%$33.1Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05884+0.034%$118K$561K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05885+0.051%$201K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05900+0.306%$107K$667K50xas long as short
SunX SEI-USDT+0.0100%8h0.05893+0.187%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05877−0.093%$75K$476K25xas long as short
Kraken Futures PF_SEIUSD+0.0190%1h0.05883+0.017%$373K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0192%1h0.05960+1.326%$33K$209K50xas long as short
BloFin SEI-USDT+0.0220%8h0.05887+0.085%$698K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05886+0.065%$11220xas long as short
Injective SEI/USDC PERP+0.0864%1h0.05873−0.153%$8K$42K12xas long as short
dYdX SEI-USD+0.2656%1h0.05884+0.026%$100K$2K5xas long as short