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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Backpack−0.113%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$530.529% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.242%−$24 on $10k
Price spread, last 4 days (all we have)+0.229%+$23 · spread now −0.113%, 7d avg −0.093%
Together, before fees−0.013%+ Points / potential airdropExtended: Active · farm board−$1 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: Extended is 0.020% cheaper against Backpack than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SEI_USDC_PERP0.061970.0100pay 0.0013% / 1h12m 07s$121K$695K10x
ShortExtended SEI-USD0.061900.0104get 0.0013% / 1h12m 07s$69K$438K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Backpack. 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: −0.113% → −0.093%
−$2.05
Slippage, 4 orders
−$37.92
Fee Backpack: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$54.13
Costs to cover
0.529%
Break-even
458.1 days
Slippage from Backpack: live order book, 22 min ago; Extended: live order book, 20 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 Backpack live order book, 22 min ago0.83 bp11.4 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 20 min ago4.14 bp16.8 bp −$17106.6 bp −$1,066doesn'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
Injective SEI/USDC PERP−0.0302%1h0.06119−1.259%$9K$40K12xas long as short
Variational Omni SEI−0.0115%8h0.06155−0.684%$331K$178Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.06199+0.027%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.061970.000%$391$62K25xas long as short
Bybit SEIUSDT+0.0076%8h0.06188−0.145%$14.8M$34.0M50xas long as short
Lighter SEI+0.0096%1h0.061970.000%$275K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.06202+0.077%$3.9M$4.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.06198+0.013%$341K$349K20xas long as short
Binance SEIUSDT+0.0100%8h0.06197−0.004%$15.0M$121.1M75xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06193−0.065%$3.5M$36.6M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06195−0.032%$1.1M$3.0M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06196−0.016%$32.7M$29.0M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06198+0.016%$7.0M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06195−0.032%$9.9M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.06194−0.048%$16.2Mas long as short
Backpack SEI_USDC_PERPlong+0.0100%1h0.06197long leg$121K$695K10x
GRVT SEI_USDT_Perp+0.0100%8h0.06148−0.791%$214K$2.8M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06150−0.758%$103K$672K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06198+0.016%$2K$277K20xas long as short
SunX SEI-USDT+0.0100%8h0.06209+0.194%$23K$3.4M30xas long as short
Extended SEI-USDshort+0.0104%1h0.06190−0.113%$69K$438K25x
Coinbase International SEI-PERP-INTX+0.0192%1h0.06160−0.597%$68K$270K50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0196% / S −0.0569%1h0.06197+0.003%$3K100xas long as short
BloFin SEI-USDT+0.0220%8h0.06186−0.178%$749K$1.6M75xas long as short
Kraken Futures PF_SEIUSD+0.0262%1h0.06193−0.062%$376K$1.7M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06188−0.146%$11820xas long as short
dYdX SEI-USD+0.0949%1h0.06188−0.141%$106K$2K5xas long as short