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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0269%/8h= +29.5% APRnext payment +$2.69 per $10,000 · paid last 24h +0.031%
Price spread now: BingX against Variational Omni−0.245%7-day average +0.095% · 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)+0.183%+$18 · spread now −0.245%, 7d avg +0.095%
Together, before fees+0.223%+ Points / potential airdropVariational Omni: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.341% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.245% now, against its 7-day average of +0.095%). If the spread goes back, that is −$34 on $10k: about 4.2 days of funding at the current rate (+$8 a day). At the pace of the last 4 days (+0.040% in total) that is about 30 days.
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 +$2.69 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
LongVariational Omni SEI0.05944−0.0169get 0.0169% / 8h2h 31m$319K$175K
ShortBingX SEI-USDT0.059290.0100get 0.0100% / 8h2h 31m$31.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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
$56.49
Price spread: −0.245% → +0.095%
−$34.06
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$12.43
Costs to cover
0.100%
Break-even
5.5 days
Slippage unknown: Variational Omni: RFQ quote, 17 min ago; BingX: live order book, 7 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 Variational Omni RFQ quote, 17 min ago5.04 bpdoesn't fit33.6 bp −$336doesn't fitdoesn't fit
Sell BingX live order book, 7 min ago1.69 bp12.2 bp −$1228.2 bp −$28276.1 bp −$7,614399.9 bp −$200.0K

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 SEIlong−0.0169%8h0.05944long leg$319K$175K
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05936−0.136%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0012% / S +0.0027%1h0.05935−0.146%$3K100xas long as short
Deribit SEI_USDC-PERPETUAL+0.0088%1h0.05919−0.414%$374$72K25xas long as short
Lighter SEI+0.0096%1h0.05934−0.161%$270K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05935−0.144%$3.4M$5.0M5xas long as short
Aster SEIUSDT+0.0100%8h0.05935−0.139%$310K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.05929−0.246%$14.2M$127.2M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05920−0.397%$14.1M$34.6M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05923−0.346%$3.4M$36.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05930−0.228%$1.1M$3.1M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05930−0.228%$34.0M$27.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05931−0.212%$6.4M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05925−0.313%$9.8M$16.6M75xas long as short
BingX SEI-USDTshort+0.0100%8h0.05929−0.245%$31.4M
Backpack SEI_USDC_PERP+0.0100%1h0.05935−0.144%$106K$645K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05946+0.041%$211K$2.2M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05960+0.276%$101K$673K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05932−0.195%$2K$101K20xas long as short
SunX SEI-USDT+0.0100%8h0.05945+0.024%$22K$4.0M30xas long as short
Extended SEI-USD+0.0104%1h0.05928−0.264%$78K$565K25xas long as short
Coinbase International SEI-PERP-INTX+0.0280%1h0.05944+0.007%$41K$225K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05936−0.134%$11320xas long as short
BloFin SEI-USDT+0.0369%8h0.05938−0.094%$732K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0410%1h0.05956+0.209%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0543%1h0.05928−0.269%$365K$1.6M50xas long as short
dYdX SEI-USD+0.1442%1h0.05942−0.034%$101K$2K5xas long as short