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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%
Price spread now: GRVT against OKX+0.287%51s7-day average −0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$600.603% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.287%, 7d avg −0.045%
Together, before fees−0.029%+ Points / potential airdropGRVT: Active · farm board−$3 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: GRVT is 0.332% dearer against OKX than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.045%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SEI-USDT-SWAP0.059270.0100pay 0.0050% / 4h2h 44m$3.0M$40.4M50x
ShortGRVT SEI_USDT_Perp0.059440.0100get 0.0100% / 8h2h 44m$209K$1.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: +0.287% → −0.045%
$33.23
Slippage, 4 orders
−$41.32
Fee OKX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$27.09
Costs to cover
0.603%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; GRVT: 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 OKX live order book, 4 min ago0.84 bp12.5 bp −$1236.0 bp −$360doesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago1.68 bp27.0 bp −$2768.9 bp −$689doesn'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%1h0.05935+0.132%$23K100xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05960+0.557%$33K$213K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05935+0.127%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05936+0.152%$20K$62K25xas long as short
Variational Omni SEI+0.0050%8h0.05938+0.178%$315K$240Kas long as short
Lighter SEI+0.0096%1h0.05931+0.067%$267K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0098%8h0.05934+0.118%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05933+0.093%$3.4M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05933+0.106%$311K$382K20xas long as short
Binance SEIUSDT+0.0100%8h0.05930+0.051%$13.9M$128.4M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05923−0.067%$13.9M$36.6M50xas long as short
OKX SEI-USDT-SWAPlong+0.0100%4h0.05927long leg$3.0M$40.4M50x
Gate SEI_USDT+0.0100%8h0.05931+0.067%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05930+0.051%$29.7M$26.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05933+0.101%$7.2M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05928+0.017%$9.3M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.059270.000%$32.9Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05935+0.135%$118K$566K10xas long as short
GRVT SEI_USDT_Perpshort+0.0100%8h0.05944+0.287%$209K$1.4M10x
ApeX Omni SEIUSDT+0.0100%1h0.05940+0.219%$108K$668K50xas long as short
SunX SEI-USDT+0.0100%8h0.05943+0.270%$23K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05929+0.040%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05935+0.133%$375K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05933+0.101%$717K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05934+0.117%$11320xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05962+0.591%$9K$42K12xas long as short
dYdX SEI-USD+0.1957%1h0.05931+0.076%$101K$2K5xas long as short