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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0283%/8h= +31.0% APRpaid last 24h +0.031%
Price spread now: OKX against Variational Omni+0.304%7-day average +0.092% · you sell dearer than you buy
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)+0.040%+$4 on $10k
Price spread, last 4 days (all we have)−0.513%−$51 · spread now +0.304%, 7d avg +0.092%
Together, before fees−0.474%+ Points / potential airdropVariational Omni: Active · farm board−$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and OKX is 0.213% dearer against Variational Omni than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.092%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.040% in total (about 4.2% a year). A funding rate is set anew for every payment. 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 SEI0.06099−0.0183get 0.0183% / 8h4h 29m$325K$189K
ShortOKX SEI-USDT-SWAP0.061180.0100get 0.0050% / 4h29m 46s$3.5M$40.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$59.42
Price spread: +0.304% → +0.092%
$21.26
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
$70.68
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 29 min ago; OKX: live order book, 4 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, 29 min ago4.91 bpdoesn't fit40.9 bp −$409doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago1.64 bp14.7 bp −$1540.6 bp −$406doesn'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 SEIlong−0.0183%8h0.06099long leg$325K$189K
Coinbase International SEI-PERP-INTX−0.0032%1h0.06149+0.813%$43K$221K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06119+0.321%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06123+0.386%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0039% / S +0.0124%1h0.06119+0.321%$6K100xas long as short
Bybit SEIUSDT+0.0088%8h0.06113+0.222%$14.6M$36.2M50xas long as short
Lighter SEI+0.0096%1h0.06117+0.288%$278K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06126+0.442%$3.5M$5.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.06126+0.436%$320K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.06124+0.407%$15.2M$130.4M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAPshort+0.0100%4h0.06118+0.304%$3.5M$40.5M50x
Gate SEI_USDT+0.0100%8h0.06122+0.370%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06123+0.386%$35.4M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06125+0.419%$6.6M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06122+0.370%$10.1M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.06120+0.337%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06127+0.452%$109K$613K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06067−0.532%$209K$1.9M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06080−0.319%$109K$667K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06118+0.304%$2K$83K20xas long as short
SunX SEI-USDT+0.0100%8h0.06124+0.403%$23K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06121+0.361%$78K$552K25xas long as short
BloFin SEI-USDT+0.0220%8h0.06104+0.075%$771K$1.3M75xas long as short
Injective SEI/USDC PERP+0.0267%1h0.06106+0.108%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0309%1h0.06122+0.378%$381K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06117+0.292%$11720xas long as short
dYdX SEI-USD+0.0593%1h0.06115+0.254%$104K$2K5xas long as short