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% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX−0.017%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$470.474% 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 7 days+0.112%+$11 · spread now −0.017%, 7d avg +0.014%
Together, before fees+0.158%+ Points / potential airdropLighter: Season 3 · farm board+$16 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 0.031% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SEI-USDT0.059910.0100pay 0.0100% / 8h1h 55m$31.4M
ShortLighter SEI0.059900.0096get 0.0012% / 1h55m 50s$270K$1.1M10x

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: −0.017% → +0.014%
−$3.1
Slippage, 4 orders
−$37.36
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$51.3
Costs to cover
0.474%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Lighter: live order book, 5 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, 13 min ago2.50 bp14.0 bp −$1427.3 bp −$27397.0 bp −$9,700408.4 bp −$204.2K
Sell Lighter live order book, 5 min ago3.34 bp7.5 bp −$735.1 bp −$351doesn'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%8h0.05986−0.076%$316K$175Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05990−0.012%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0030% / S −0.0028%1h0.05990−0.020%$3K100xas long as short
Lighter SEIshort+0.0096%1h0.05990−0.017%$270K$1.1M10x
Hyperliquid SEI+0.0100%1h0.05994+0.047%$3.4M$4.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.05993+0.040%$313K$360K20xas long as short
Binance SEIUSDT+0.0100%8h0.05993+0.033%$14.6M$126.3M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05986−0.083%$14.1M$34.3M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05985−0.100%$3.4M$36.7M50xas long as short
Gate SEI_USDT+0.0100%8h0.059910.000%$1.1M$3.0M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.05993+0.033%$35.8M$27.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05995+0.067%$6.5M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05992+0.017%$9.7M$16.6M75xas long as short
BingX SEI-USDTlong+0.0100%8h0.05991long leg$31.4M
Backpack SEI_USDC_PERP+0.0100%1h0.05995+0.067%$107K$648K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05998+0.117%$204K$2.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06010+0.317%$102K$672K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05993+0.033%$2K$135K20xas long as short
SunX SEI-USDT+0.0100%8h0.06008+0.284%$23K$3.9M30xas long as short
Extended SEI-USD+0.0104%1h0.05993+0.025%$76K$558K25xas long as short
Deribit SEI_USDC-PERPETUAL+0.0251%1h0.05995+0.067%$379$72K25xas long as short
Coinbase International SEI-PERP-INTX+0.0272%1h0.06010+0.317%$43K$230K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05997+0.092%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0350%1h0.05990−0.013%$360K$1.6M50xas long as short
BloFin SEI-USDT+0.0369%8h0.06001+0.167%$734K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0402%1h0.06015+0.401%$9K$40K12xas long as short
dYdX SEI-USD+0.1266%1h0.05998+0.123%$102K$2K5xas long as short