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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0222%/8h= +24.3% APRnext payment +$0.28 per $10,000 · paid last 24h +0.076%
Price spread now: Kraken Futures against ApeX Omni+0.329%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$1141.136% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.169%+$17 on $10k
Price spread, last 3 days (all we have)−0.255%−$25 · spread now +0.329%, 7d avg +0.047%
Together, before fees−0.086%−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.282% dearer against ApeX Omni than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SEIUSDT0.059400.0100pay 0.0013% / 1h41m 12s$108K$672K50x
ShortKraken Futures PF_SEIUSD0.059600.0322get 0.0040% / 1h41m 12s$368K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$46.58
Price spread: +0.329% → +0.047%
$28.21
Slippage, 4 orders
−$93.63
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$38.84
Costs to cover
1.136%
Break-even
12.8 days
Slippage from ApeX Omni: live order book, 37 min ago; Kraken Futures: live order book, 2 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, 37 min ago25.53 bp37.0 bp −$37154.5 bp −$1,545doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago5.89 bp19.6 bp −$2048.7 bp −$487doesn'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
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05961+0.352%$23K100xas long as short
Variational Omni SEI−0.0020%8h0.05942+0.030%$318K$222Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05962+0.370%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL+0.0086%1h0.05959+0.320%$20K$62K25xas long as short
Lighter SEI+0.0096%1h0.05962+0.370%$266K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05961+0.354%$1K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05958+0.301%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05961+0.360%$311K$368K20xas long as short
Binance SEIUSDT+0.0100%8h0.05959+0.326%$14.0M$126.0M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05952+0.202%$14.0M$36.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05952+0.202%$3.1M$40.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.05955+0.253%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05960+0.337%$29.1M$25.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05960+0.337%$6.2M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05959+0.320%$9.3M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05957+0.286%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05942+0.034%$119K$563K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05949+0.148%$203K$1.5M10xas long as short
ApeX Omni SEIUSDTlong+0.0100%1h0.05940long leg$108K$672K50x
SunX SEI-USDT+0.0100%8h0.05948+0.135%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05957+0.281%$75K$476K25xas long as short
BloFin SEI-USDT+0.0220%8h0.05964+0.404%$710K$1.2M75xas long as short
Kraken Futures PF_SEIUSDshort+0.0322%1h0.05960+0.329%$368K$1.6M50x
Coinbase International SEI-PERP-INTX+0.0328%1h0.05920−0.337%$33K$208K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05952+0.206%$11420xas long as short
Injective SEI/USDC PERP+0.1153%1h0.05932−0.135%$9K$42K12xas long as short
dYdX SEI-USD+0.2824%1h0.05939−0.017%$101K$2K5xas long as short