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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.070%
Price spread now: Coinbase International against SunX−0.101%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1711.709% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.500%−$50 on $10k
Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.101%, 7d avg −0.164%
Together, before fees−0.519%−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.063% dearer against SunX than usual: you sell high and buy low (spread −0.101% now, against its 7-day average of −0.164%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.500% in total) that is about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SEI-USDT0.059560.0100pay 0.0100% / 8h6h 31m$22K$4.5M30x
ShortCoinbase International SEI-PERP-INTX0.059500.0048get 0.0006% / 1h31m 39s$34K$206K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$10.92
Price spread: −0.101% → −0.164%
$6.33
Slippage, 4 orders
−$152.93
Fee SunX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$175.52
Costs to cover
1.709%
Break-even
never at this rate
Slippage from SunX: live order book, 7 min ago; Coinbase International: live order book, 36 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, 7 min ago16.09 bp22.1 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 36 min ago14.16 bp60.8 bp −$61doesn't fitdoesn't fitdoesn't fit

SEI on 26 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 −0.0815% / S +0.0444%1h0.05945−0.180%$23K100xas long as short
Variational Omni SEI−0.0132%8h0.05935−0.360%$317K$208Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05945−0.193%150xas long as short
Coinbase International SEI-PERP-INTXshort+0.0048%1h0.05950−0.101%$34K$206K50x
Deribit SEI_USDC-PERPETUAL+0.0086%1h0.05945−0.185%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.05942−0.235%$270K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.05944−0.201%$3.4M$6.3M5xas long as short
Aster SEIUSDT+0.0100%8h0.05940−0.270%$311K$355K20xas long as short
Binance SEIUSDT+0.0100%8h0.05940−0.262%$14.2M$129.4M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05928−0.470%$14.0M$36.2M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05938−0.302%$3.2M$39.9M50xas long as short
Gate SEI_USDT+0.0100%8h0.05937−0.319%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05938−0.302%$34.6M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05940−0.269%$6.3M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05939−0.285%$9.4M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05940−0.269%$31.6Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05947−0.151%$119K$571K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05928−0.469%$210K$1.6M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940−0.269%$108K$674K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05948−0.134%$2K$103K20xas long as short
SunX SEI-USDTlong+0.0100%8h0.05956long leg$22K$4.5M30x
Extended SEI-USD+0.0104%1h0.05939−0.282%$75K$540K25xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05948−0.129%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0377%1h0.05944−0.206%$371K$1.6M50xas long as short
dYdX SEI-USD+0.0528%1h0.05941−0.259%$101K$2K5xas long as short
Injective SEI/USDC PERP+0.0844%1h0.05951−0.084%$9K$43K12xas long as short