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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0246%/8h= −26.9% APRnext payment $0.31 per $10,000 · paid last 24h −0.074%
Price spread now: ApeX Omni against Reya−0.781%63s7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.781% cheaper against Reya than usual: you would sell low and buy high (−$78 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SEIRUSDPERP0.060770.0346pay 0.0043% / 1h35m 54s$11620x
ShortApeX Omni SEIUSDT0.060300.0100get 0.0013% / 1h35m 54s$109K$666K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
−$51.64
Price spread: −0.781% → 0.000%
−$78.07
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$145.71
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 27 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 Reya no order-book sample
Sell ApeX Omni live order book, 27 min ago16.72 bp30.5 bp −$31158.9 bp −$1,589doesn't fitdoesn't fit
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0110%8h0.06082+0.080%$325K$177Kas long as short
GMX SEI/USD [ETH-USDC]L −0.0012% / S +0.0191%1h0.06089+0.187%$6K100xas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06089+0.196%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06089+0.190%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.06089+0.190%$275K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06091+0.231%$3.5M$5.8M5xas long as short
Aster SEIUSDT+0.0100%8h0.06087+0.156%$318K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.06091+0.223%$14.7M$128.4M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06086+0.141%$14.6M$35.9M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06086+0.141%$3.3M$40.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06095+0.289%$1.2M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06095+0.289%$35.0M$27.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06087+0.157%$6.5M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06097+0.322%$9.6M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.06090+0.207%$31.2Mas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06043−0.560%$213K$1.7M10xas long as short
ApeX Omni SEIUSDTshort+0.0100%1h0.06030−0.781%$109K$666K50x
Orderly PERP_SEI_USDC+0.0100%8h0.06089+0.190%$2K$97K20xas long as short
SunX SEI-USDT+0.0100%8h0.06097+0.322%$23K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06095+0.282%$79K$546K25xas long as short
Coinbase International SEI-PERP-INTX+0.0128%1h0.05977−1.653%$34K$207K50xas long as short
Backpack SEI_USDC_PERP+0.0142%1h0.06094+0.272%$121K$596K10xas long as short
Injective SEI/USDC PERP+0.0156%1h0.06049−0.468%$9K$43K12xas long as short
BloFin SEI-USDT+0.0220%8h0.06060−0.287%$736K$1.2M75xas long as short
Reya SEIRUSDPERPlong+0.0346%1h0.06077long leg$11620x
Kraken Futures PF_SEIUSD+0.0467%1h0.06091+0.230%$382K$1.6M50xas long as short
dYdX SEI-USD+0.0973%1h0.06071−0.109%$104K$2K5xas long as short