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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against BingX+0.260%51s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.479% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.039%+$4 on $10k
Price spread, last 4 days (all we have)−0.218%−$22 · spread now +0.260%, 7d avg +0.030%
Together, before fees−0.179%−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.230% dearer against BingX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.030%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SEI-USDT0.061560.0100pay 0.0100% / 8h5h 10m$31.3M
ShortBloFin SEI-USDT0.061720.0220get 0.0220% / 8h5h 10m$596K$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$25.2
Price spread: +0.260% → +0.030%
$23.02
Slippage, 4 orders
−$25.87
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$0.35
Costs to cover
0.479%
Break-even
6.9 days
Slippage from BingX: live order book, 8 min ago; BloFin: 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 BingX live order book, 8 min ago1.63 bp11.7 bp −$1225.1 bp −$25183.4 bp −$8,341408.0 bp −$204.0K
Sell BloFin live order book, 2 min ago1.63 bp13.4 bp −$1318.6 bp −$18658.1 bp −$5,810doesn'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−0.0154%8h0.06134−0.352%$333K$183Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06157+0.016%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06159+0.049%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0008% / S +0.0169%1h0.06162+0.106%$7K100xas long as short
Lighter SEI+0.0096%1h0.06170+0.227%$281K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06166+0.156%$3.5M$5.7M5xas long as short
Aster SEIUSDT+0.0100%8h0.06168+0.188%$323K$356K20xas long as short
Binance SEIUSDT+0.0100%8h0.06162+0.099%$15.4M$129.9M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06149−0.114%$14.9M$36.2M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06157+0.016%$3.5M$41.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06160+0.065%$1.2M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06164+0.130%$36.5M$28.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06165+0.146%$6.6M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06164+0.130%$9.9M$16.7M75xas long as short
BingX SEI-USDTlong+0.0100%8h0.06156long leg$31.3M
Backpack SEI_USDC_PERP+0.0100%1h0.06176+0.325%$114K$602K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06124−0.523%$213K$1.8M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06130−0.422%$109K$666K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.061560.000%$2K$94K20xas long as short
SunX SEI-USDT+0.0100%8h0.06170+0.227%$23K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06158+0.035%$78K$545K25xas long as short
Coinbase International SEI-PERP-INTX+0.0128%1h0.06160+0.065%$42K$222K50xas long as short
Injective SEI/USDC PERP+0.0156%1h0.06136−0.325%$9K$43K12xas long as short
BloFin SEI-USDTshort+0.0220%8h0.06172+0.260%$596K$1.3M75x
Reya SEIRUSDPERP+0.0346%1h0.06153−0.057%$11720xas long as short
Kraken Futures PF_SEIUSD+0.0462%1h0.06168+0.189%$383K$1.6M50xas long as short
dYdX SEI-USD+0.0711%1h0.06169+0.207%$105K$2K5xas long as short