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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against ApeX Omni−0.267%78s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1000.996% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)+0.182%+$18 · spread now −0.267%, 7d avg +0.012%
Together, before fees+0.169%+ Points / potential airdropLighter: Season 3 · farm board+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.278% cheaper against ApeX Omni than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SEIUSDT0.060000.0100pay 0.0013% / 1h53m 50s$102K$671K50x
ShortLighter SEI0.059840.0096get 0.0012% / 1h53m 50s$270K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: −0.267% → +0.012%
−$27.84
Slippage, 4 orders
−$89.62
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$128.3
Costs to cover
0.996%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 54 min ago; Lighter: 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, 54 min ago25.19 bp42.6 bp −$43163.6 bp −$1,636doesn't fitdoesn't fit
Sell Lighter live order book, 2 min ago4.18 bp10.1 bp −$1025.8 bp −$258doesn'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 SEI−0.0131%8h0.05986−0.226%$316K$175Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05980−0.341%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0030% / S −0.0028%1h0.05979−0.357%$3K100xas long as short
Deribit SEI_USDC-PERPETUAL+0.0084%1h0.05982−0.300%$378$72K25xas long as short
Lighter SEIshort+0.0096%1h0.05984−0.267%$270K$1.1M10x
Hyperliquid SEI+0.0100%1h0.05988−0.205%$3.4M$4.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.05987−0.210%$313K$360K20xas long as short
Binance SEIUSDT+0.0100%8h0.05984−0.267%$14.6M$126.2M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05980−0.333%$14.1M$34.2M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05978−0.367%$3.4M$36.5M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05982−0.300%$1.1M$3.0M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05986−0.233%$35.7M$27.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05988−0.200%$6.5M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05986−0.233%$9.7M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.05982−0.300%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05983−0.283%$107K$647K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05999−0.017%$203K$2.4M10xas long as short
ApeX Omni SEIUSDTlong+0.0100%1h0.06000long leg$102K$671K50x
Orderly PERP_SEI_USDC+0.0100%8h0.05980−0.333%$2K$137K20xas long as short
SunX SEI-USDT+0.0100%8h0.05985−0.250%$23K$3.9M30xas long as short
Extended SEI-USD+0.0104%1h0.05985−0.244%$76K$558K25xas long as short
Coinbase International SEI-PERP-INTX+0.0272%1h0.05990−0.167%$43K$230K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05978−0.366%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0350%1h0.05982−0.297%$360K$1.6M50xas long as short
BloFin SEI-USDT+0.0369%8h0.05990−0.167%$735K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0402%1h0.06003+0.050%$9K$40K12xas long as short
dYdX SEI-USD+0.1455%1h0.05977−0.377%$102K$2K5xas long as short