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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX+0.509%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs+$19as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 4 days (all we have)−0.441%−$44 · spread now +0.509%, 7d avg +0.011%
Together, before fees−0.394%+ Points / potential airdropLighter: Season 3 · farm board−$39 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 0.498% dearer against BingX than usual: you sell high and buy low, +$50 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SEI-USDT0.058900.0100pay 0.0100% / 8h7h 55m$33.2M
ShortLighter SEI0.059200.0096get 0.0012% / 1h55m 23s$264K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$0.84
Price spread: +0.509% → +0.011%
$49.79
Slippage, 4 orders
−$20.94
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$18.01
Costs to cover
0.309%
Break-even
from the start
Slippage from BingX: live order book, 3 min ago; Lighter: live order book, 11 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, 3 min ago1.69 bp10.2 bp −$1022.3 bp −$22357.0 bp −$5,704368.0 bp −$184.0K
Sell Lighter live order book, 11 min ago2.53 bp4.0 bp −$424.1 bp −$241doesn'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%1h0.05891+0.020%$23K100xas long as short
Bybit SEIUSDT−0.0167%8h0.05883−0.119%$14.0M$36.0M50xas long as short
Variational Omni SEI−0.0105%8h0.05922+0.538%$316K$222Kas long as short
Gate SEI_USDT−0.0077%8h0.05896+0.102%$1.1M$3.4M75xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05892+0.034%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.058900.000%$9K$72K25xas long as short
Lighter SEIshort+0.0096%1h0.05920+0.509%$264K$1.2M10x
Orderly PERP_SEI_USDC+0.0100%8h0.05891+0.017%$1K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.05901+0.194%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05911+0.349%$309K$361K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SEIUSDT+0.0100%8h0.05892+0.034%$14.3M$127.6M75xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05884−0.102%$3.1M$39.6M50xas long as short
MEXC SEI_USDT+0.0100%8h0.05894+0.068%$33.9M$27.1M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05897+0.119%$6.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05888−0.034%$9.2M$16.9M75xas long as short
BingX SEI-USDTlong+0.0100%8h0.05890long leg$33.2M
Backpack SEI_USDC_PERP+0.0100%1h0.05933+0.730%$116K$563K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05912+0.377%$204K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05920+0.509%$108K$675K50xas long as short
SunX SEI-USDT+0.0100%8h0.05910+0.340%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05885−0.078%$75K$471K25xas long as short
Coinbase International SEI-PERP-INTX+0.0144%1h0.05909+0.323%$33K$205K50xas long as short
Kraken Futures PF_SEIUSD+0.0181%1h0.05891+0.016%$358K$1.6M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05912+0.374%$720K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05889−0.010%$11220xas long as short
dYdX SEI-USD+0.0435%1h0.05908+0.298%$101K$2K5xas long as short
Injective SEI/USDC PERP+0.0974%1h0.05895+0.085%$8K$42K12xas long as short