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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.1440%/8h= +157.6% APRnext payment +$1.80 per $10,000 · paid last 24h +0.484%
Price spread now: dYdX against ApeX Omni+0.141%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1861.859% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.588%+$159 on $10k
Price spread, last 4 days (all we have)−0.295%−$29 · spread now +0.141%, 7d avg −0.001%
Together, before fees+1.293%+$129 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$43 a day on $10k at the current rate, and dYdX is 0.142% dearer against ApeX Omni than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SEIUSDT0.060000.0100pay 0.0013% / 1h45m 36s$108K$667K50x
ShortdYdX SEI-USD0.060080.1540get 0.0192% / 1h45m 36s$103K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against ApeX 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
$302.31
Price spread: +0.141% → −0.001%
$14.22
Slippage, 4 orders
−$165.9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
$130.64
Costs to cover
1.859%
Break-even
4.0 days
Slippage from ApeX Omni: live order book, 8 min ago; dYdX: live order book, 8 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 ApeX Omni live order book, 8 min ago16.58 bp45.7 bp −$46157.3 bp −$1,573doesn't fitdoesn't fit
Sell dYdX live order book, 8 min ago35.50 bp46.3 bp −$46342.3 bp −$3,423425.2 bp −$42.5K598.1 bp −$299.1K

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 SEI−0.0207%8h0.06003+0.057%$320K$187Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06009+0.157%150xas long as short
Bybit SEIUSDT+0.0034%8h0.06004+0.067%$14.4M$36.3M50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0042% / S +0.0091%1h0.06010+0.173%$6K100xas long as short
Deribit SEI_USDC-PERPETUAL+0.0083%1h0.06013+0.217%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.06011+0.183%$268K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.06017+0.285%$3.5M$5.4M5xas long as short
Aster SEIUSDT+0.0100%8h0.06019+0.314%$315K$349K20xas long as short
Binance SEIUSDT+0.0100%8h0.06011+0.183%$14.8M$130.3M75xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06008+0.133%$3.4M$39.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06009+0.150%$1.1M$3.1M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06011+0.183%$35.0M$28.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06012+0.200%$6.5M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06019+0.317%$10.0M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.06007+0.117%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06015+0.250%$106K$631K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05985−0.245%$207K$2.1M10xas long as short
ApeX Omni SEIUSDTlong+0.0100%1h0.06000long leg$108K$667K50x
Orderly PERP_SEI_USDC+0.0100%8h0.06011+0.183%$2K$44K20xas long as short
SunX SEI-USDT+0.0100%8h0.06022+0.367%$23K$4.2M30xas long as short
Extended SEI-USD+0.0104%1h0.06011+0.180%$76K$550K25xas long as short
Coinbase International SEI-PERP-INTX+0.0200%1h0.06025+0.417%$43K$219K50xas long as short
BloFin SEI-USDT+0.0220%8h0.06007+0.117%$755K$1.3M75xas long as short
Kraken Futures PF_SEIUSD+0.0257%1h0.06012+0.193%$371K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06016+0.259%$11520xas long as short
Injective SEI/USDC PERP+0.0510%1h0.06018+0.300%$9K$43K12xas long as short
dYdX SEI-USDshort+0.1540%1h0.06008+0.141%$103K$2K5x