Funding you earn now, next payment 00:00 UTC+0.0149%/8h= +16.4% APRpaid last 24h 0.000%
Price spread now: Backpack against Aster−0.127%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$860.864% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.127%, 7d avg +0.025%
=Together, before fees+0.113%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Backpack is 0.152% cheaper against Aster than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of +0.025%). If the spread goes back, that is −$15 on $10k: about 3.4 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.042% in total) that is about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SEIUSDT | 0.05949 | 0.0100 | pay 0.0100% / 8h | 55m 34s | $311K | $368K | 20x |
| Short | Backpack SEI_USDC_PERP | 0.05941 | 0.0249 | get 0.0031% / 1h | 55m 34s | $119K | $564K | 10x |
Aster SEIUSDT
Backpack SEI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $31.39
- Price spread: −0.127% → +0.025%
- −$15.17
- Slippage, 4 orders
- −$68.39
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$70.18
- Costs to cover
- 0.864%
- Break-even
- 22.7 days
Slippage from Aster: live order book, 22 min ago; Backpack: live order book, 23 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 22 min ago | 7.66 bp | 51.2 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 23 min ago | 0.85 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
SEI on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05937 | −0.199% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05937 | −0.195% | $8K | — | 150x | as long as short |
| Variational Omni SEI | −0.0004% | 8h | 0.05885 | −1.065% | $311K | $232K | — | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05940 | −0.144% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05944 | −0.077% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05938 | −0.178% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05951 | +0.044% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDTlong | +0.0100% | 8h | 0.05949 | long leg | $311K | $368K | 20x | |
| Binance SEIUSDT | +0.0100% | 8h | 0.05950 | +0.024% | $13.9M | $125.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05943 | −0.093% | $14.0M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Variational Omni SEI
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Binance SEIUSDT
Bybit SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05945 | −0.060% | $3.1M | $40.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05945 | −0.060% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05948 | −0.009% | $29.1M | $25.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05942 | −0.110% | $6.6M | $14.1M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05949 | +0.007% | $9.4M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05948 | −0.009% | — | $33.2M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05935 | −0.228% | $202K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | −0.480% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05946 | −0.043% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05946 | −0.035% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05924 | −0.413% | $697K | $1.2M | 75x | as long as short |
| Backpack SEI_USDC_PERPshort | +0.0249% | 1h | 0.05941 | −0.127% | $119K | $564K | 10x | |
| Kraken Futures PF_SEIUSD | +0.0323% | 1h | 0.05939 | −0.163% | $372K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05920 | −0.480% | $33K | $208K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05945 | −0.056% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05950 | +0.024% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.3104% | 1h | 0.05940 | −0.140% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD