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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against SunX0.000%55s7-day average −0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.701% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$10 on $10k
Price spread, last 3 days (all we have)−0.067%−$7 · spread now 0.000%, 7d avg −0.086%
Together, before fees+0.028%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.086% dearer against SunX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.086%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SEI-USDT0.059450.0100pay 0.0100% / 8h28m 08s$22K$4.6M30x
ShortBloFin SEI-USDT0.059450.0220get 0.0220% / 8h28m 08s$712K$1.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
$25.2
Price spread: 0.000% → −0.086%
$8.63
Slippage, 4 orders
−$50.11
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$36.29
Costs to cover
0.701%
Break-even
17.1 days
Slippage from SunX: live order book, 10 min ago; BloFin: 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 SunX live order book, 10 min ago15.13 bp25.5 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago1.68 bp12.9 bp −$1320.1 bp −$20152.6 bp −$5,258doesn'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%1h0.05931−0.229%$23K100xas long as short
Variational Omni SEI−0.0045%8h0.05928−0.289%$317K$222Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05932−0.220%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05933−0.202%$20K$62K25xas long as short
Lighter SEI+0.0096%1h0.05936−0.151%$265K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05933−0.202%$1K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05937−0.140%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05935−0.172%$310K$363K20xas long as short
Binance SEIUSDT+0.0100%8h0.05938−0.115%$14.1M$126.3M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05930−0.252%$14.0M$36.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05935−0.168%$3.1M$40.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.05933−0.202%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05932−0.219%$35.1M$26.2M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05932−0.219%$6.2M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05932−0.219%$9.3M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05933−0.202%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05933−0.202%$117K$564K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05932−0.227%$202K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940−0.084%$108K$673K50xas long as short
SunX SEI-USDTlong+0.0100%8h0.05945long leg$22K$4.6M30x
Extended SEI-USD+0.0104%1h0.05931−0.237%$75K$476K25xas long as short
BloFin SEI-USDTshort+0.0220%8h0.059450.000%$712K$1.2M75x
Kraken Futures PF_SEIUSD+0.0323%1h0.05934−0.181%$368K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0328%1h0.05923−0.370%$33K$207K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05930−0.256%$11320xas long as short
Injective SEI/USDC PERP+0.1153%1h0.05943−0.034%$9K$43K12xas long as short
dYdX SEI-USD+0.2283%1h0.05944−0.017%$101K$2K5xas long as short