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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: SunX against Lighter+0.066%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$630.632% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.066%, 7d avg +0.105%
Together, before fees−0.153%+ Points / potential airdropLighter: Season 3 · farm board−$15 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: SunX is 0.039% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.105%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SEI0.060680.0096pay 0.0012% / 1h47m 24s$276K$1.2M10x
ShortSunX SEI-USDT0.060720.0100get 0.0100% / 8h4h 47m$23K$4.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.066% → +0.105%
−$3.88
Slippage, 4 orders
−$55.25
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$66.29
Costs to cover
0.632%
Break-even
559.4 days
Slippage from Lighter: live order book, 4 min ago; SunX: live order book, 11 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 ago3.28 bp4.9 bp −$531.8 bp −$318doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago14.74 bp24.1 bp −$24doesn'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−0.0180%8h0.06100+0.534%$331K$184Kas long as short
Coinbase International SEI-PERP-INTX−0.0032%1h0.06149+1.335%$43K$223K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06065−0.044%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06069+0.016%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0036% / S +0.0145%1h0.06067−0.012%$6K100xas long as short
Bybit SEIUSDT+0.0094%8h0.06057−0.181%$14.5M$36.2M50xas long as short
Lighter SEIlong+0.0096%1h0.06068long leg$276K$1.2M10x
Hyperliquid SEI+0.0100%1h0.06068+0.002%$3.5M$5.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.06066−0.037%$317K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.06065−0.046%$15.0M$130.2M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06064−0.066%$3.5M$40.2M50xas long as short
Gate SEI_USDT+0.0100%8h0.06065−0.049%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06065−0.049%$35.2M$28.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06062−0.099%$6.4M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06062−0.099%$10.0M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.06063−0.082%$31.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06073+0.082%$109K$607K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06069+0.016%$206K$1.8M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06060−0.132%$109K$667K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06060−0.132%$2K$83K20xas long as short
SunX SEI-USDTshort+0.0100%8h0.06072+0.066%$23K$4.3M30x
Extended SEI-USD+0.0104%1h0.06063−0.084%$78K$547K25xas long as short
BloFin SEI-USDT+0.0220%8h0.06061−0.115%$769K$1.3M75xas long as short
Injective SEI/USDC PERP+0.0267%1h0.06087+0.313%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0312%1h0.06067−0.020%$375K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06064−0.070%$11620xas long as short
dYdX SEI-USD+0.0512%1h0.06066−0.034%$103K$2K5xas long as short