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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0922%/8h= +100.9% APRpaid last 24h +0.471%
Price spread now: dYdX against OKX+0.034%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$363as in the Price arb table
costs, in and out, $10k−$3653.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.608%+$161 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.034%, 7d avg +0.005%
Together, before fees+1.620%+$162 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and dYdX is 0.029% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SEI-USDT-SWAP0.059830.0100pay 0.0050% / 4h3h 12m$3.2M$39.9M50x
ShortdYdX SEI-USD0.059850.1022get 0.0128% / 1h12m 13s$102K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against OKX. 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
$193.53
Price spread: +0.034% → +0.005%
$2.92
Slippage, 4 orders
−$345.43
Fee OKX: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$168.98
Costs to cover
3.654%
Break-even
13.1 days
Slippage from OKX: live order book, 1 min ago; dYdX: live order book, 62 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 OKX live order book, 1 min ago1.67 bp11.8 bp −$1234.6 bp −$346doesn't fitdoesn't fit
Sell dYdX live order book, 62 min ago164.23 bp169.2 bp −$169338.4 bp −$3,384558.0 bp −$55.8K1574.1 bp −$787.0K

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%1h0.05988+0.077%$23K100xas long as short
Variational Omni SEI−0.0109%8h0.05984+0.010%$320K$210Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05988+0.078%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05987+0.067%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.05989+0.100%$272K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05986+0.050%$2K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.05991+0.129%$3.5M$6.3M5xas long as short
Aster SEIUSDT+0.0100%8h0.05987+0.074%$313K$349K20xas long as short
Binance SEIUSDT+0.0100%8h0.05983−0.001%$14.4M$127.9M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05978−0.084%$14.1M$35.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAPlong+0.0100%4h0.05983long leg$3.2M$39.9M50x
Gate SEI_USDT+0.0100%8h0.05984+0.017%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05987+0.067%$35.9M$28.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05985+0.033%$6.2M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05989+0.100%$9.4M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.05986+0.050%$33.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05990+0.117%$118K$561K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06002+0.324%$212K$1.6M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05990+0.117%$109K$674K50xas long as short
SunX SEI-USDT+0.0100%8h0.05991+0.134%$22K$4.5M30xas long as short
Extended SEI-USD+0.0104%1h0.05985+0.036%$77K$542K25xas long as short
Coinbase International SEI-PERP-INTX+0.0144%1h0.05989+0.100%$34K$207K50xas long as short
Kraken Futures PF_SEIUSD+0.0178%1h0.05989+0.100%$371K$1.6M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05988+0.084%$725K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05984+0.010%$11420xas long as short
Injective SEI/USDC PERP+0.0974%1h0.05984+0.017%$9K$43K12xas long as short
dYdX SEI-USDshort+0.1022%1h0.05985+0.034%$102K$2K5x