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

SEI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0285%/8h= −31.2% APRnext payment $2.85 per $10,000 · paid last 24h −0.031%
Price spread now: Variational Omni against SunX−0.261%7-day average −0.222% · 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 4 days (all we have)−0.040%−$4 on $10k
Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.261%, 7d avg −0.222%
Together, before fees+0.042%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Variational Omni is 0.040% cheaper against SunX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.222%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.040% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SEI-USDT0.059420.0100pay 0.0100% / 8h2h 43m$22K$4.0M30x
ShortVariational Omni SEI0.05926−0.0185pay 0.0185% / 8h2h 43m$318K$175K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$59.81
Price spread: −0.261% → −0.222%
−$3.98
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$71.78
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 5 min ago; Variational Omni: RFQ quote, 5 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 SunX live order book, 5 min ago15.10 bp24.2 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago5.04 bpdoesn't fit26.9 bp −$269doesn'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
Variational Omni SEIshort−0.0185%8h0.05926−0.261%$318K$175K
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05931−0.193%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0010% / S +0.0035%1h0.05929−0.220%$3K100xas long as short
Deribit SEI_USDC-PERPETUAL+0.0087%1h0.05933−0.151%$375$72K25xas long as short
Bybit SEIUSDT+0.0090%8h0.05923−0.320%$14.0M$34.5M50xas long as short
Lighter SEI+0.0096%1h0.05929−0.219%$269K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05930−0.205%$3.4M$5.0M5xas long as short
Aster SEIUSDT+0.0100%8h0.05930−0.199%$310K$350K20xas long as short
Binance SEIUSDT+0.0100%8h0.05927−0.246%$14.3M$127.1M75xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05926−0.269%$3.4M$37.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05928−0.236%$1.1M$3.1M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05927−0.252%$34.1M$27.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05928−0.236%$6.4M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05929−0.219%$9.8M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.05924−0.303%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05934−0.135%$104K$641K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.059420.000%$208K$2.2M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05950+0.135%$101K$673K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05931−0.185%$2K$91K20xas long as short
SunX SEI-USDTlong+0.0100%8h0.05942long leg$22K$4.0M30x
Extended SEI-USD+0.0104%1h0.05926−0.270%$78K$565K25xas long as short
Coinbase International SEI-PERP-INTX+0.0280%1h0.05970+0.471%$42K$225K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05934−0.143%$11320xas long as short
BloFin SEI-USDT+0.0362%8h0.05930−0.202%$734K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0410%1h0.05946+0.067%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0543%1h0.05932−0.169%$368K$1.6M50xas long as short
dYdX SEI-USD+0.1347%1h0.05937−0.079%$101K$2K5xas long as short