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−0.0059%/8h= −6.5% APRpaid last 24h −0.019%
Price spread now: Variational Omni against Lighter+0.068%7-day average −0.101% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.023%−$2 on $10k
Price spread, last 3 days (all we have)+0.064%+$6 · spread now +0.068%, 7d avg −0.101%
Together, before fees+0.041%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.169% dearer against Lighter than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of −0.101%): +$17 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.5 days. At the pace of the last 3 days (−0.023% in total) that is about 24 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SEI0.059150.0096pay 0.0012% / 1h39m 05s$266K$1.2M10x
ShortVariational Omni SEI0.059190.0037get 0.0037% / 8h2h 39m$315K$240K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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
−$12.47
Price spread: +0.068% → −0.101%
$16.94
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$4.47
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: live order book, 2 min ago; Variational Omni: RFQ quote, 50 min ago. Net counts fees only.

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, 2 min ago2.53 bp9.3 bp −$931.4 bp −$314doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 50 min ago4.19 bpdoesn't fit24.3 bp −$243doesn'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%1h0.05916+0.017%$23K100xas long as short
Deribit SEI_USDC-PERPETUAL−0.0088%1h0.05916+0.017%$20K$62K25xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05960+0.761%$33K$210K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05917+0.041%$8K150xas long as short
Variational Omni SEIshort+0.0037%8h0.05919+0.068%$315K$240K
Lighter SEIlong+0.0096%1h0.05915long leg$266K$1.2M10x
Orderly PERP_SEI_USDC+0.0098%8h0.05917+0.034%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05917+0.037%$3.4M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05919+0.065%$310K$382K20xas long as short
Binance SEIUSDT+0.0100%8h0.05914−0.017%$13.8M$128.4M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05907−0.135%$13.9M$36.6M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05908−0.118%$3.0M$40.2M50xas long as short
Gate SEI_USDT+0.0100%8h0.05910−0.085%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05913−0.034%$29.5M$26.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.059150.000%$7.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05911−0.068%$9.3M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.05910−0.085%$32.9Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05914−0.017%$118K$565K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05924+0.152%$200K$1.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05930+0.254%$108K$668K50xas long as short
SunX SEI-USDT+0.0100%8h0.05923+0.135%$23K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05913−0.029%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0214%1h0.05914−0.020%$375K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05917+0.034%$715K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05912−0.043%$11320xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05951+0.609%$9K$42K12xas long as short
dYdX SEI-USD+0.1895%1h0.05919+0.071%$101K$2K5xas long as short