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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0102%/8h= +11.1% APRpaid last 24h +0.040%
Price spread now: Kraken Futures against BloFin−0.075%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.201%+$20 on $10k
Price spread, last 3 days (all we have)+0.071%+$7 · spread now −0.075%, 7d avg +0.005%
Together, before fees+0.272%+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.080% cheaper against BloFin than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.005%). If the spread goes back, that is −$8 on $10k: about 2.6 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SEI-USDT0.059640.0220pay 0.0220% / 8h40m 28s$710K$1.2M75x
ShortKraken Futures PF_SEIUSD0.059600.0322get 0.0040% / 1h40m 28s$368K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
$21.38
Price spread: −0.075% → +0.005%
−$7.96
Slippage, 4 orders
−$37.03
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$45.62
Costs to cover
0.590%
Break-even
21.9 days
Slippage from BloFin: live order book, 2 min ago; Kraken Futures: live order book, 3 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 BloFin live order book, 2 min ago3.37 bp11.4 bp −$1118.9 bp −$18957.2 bp −$5,721doesn't fit
Sell Kraken Futures live order book, 3 min ago5.89 bp19.6 bp −$2048.7 bp −$487doesn'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%1h0.05961−0.052%$23K100xas long as short
Variational Omni SEI−0.0020%8h0.05942−0.373%$318K$222Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05962−0.034%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL+0.0086%1h0.05959−0.084%$20K$62K25xas long as short
Lighter SEI+0.0096%1h0.05949−0.252%$266K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05961−0.050%$1K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05948−0.272%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05949−0.246%$311K$368K20xas long as short
Binance SEIUSDT+0.0100%8h0.05945−0.322%$13.9M$126.0M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05936−0.469%$14.0M$36.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05941−0.386%$3.1M$40.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.05945−0.319%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05943−0.352%$29.0M$25.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05943−0.352%$6.2M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05943−0.352%$9.3M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05943−0.352%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05961−0.050%$119K$563K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05949−0.255%$203K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940−0.402%$108K$672K50xas long as short
SunX SEI-USDT+0.0100%8h0.05948−0.268%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05942−0.365%$75K$476K25xas long as short
BloFin SEI-USDTlong+0.0220%8h0.05964long leg$710K$1.2M75x
Kraken Futures PF_SEIUSDshort+0.0322%1h0.05960−0.075%$368K$1.6M50x
Coinbase International SEI-PERP-INTX+0.0328%1h0.05920−0.738%$33K$208K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05941−0.381%$11320xas long as short
Injective SEI/USDC PERP+0.1153%1h0.05932−0.537%$9K$42K12xas long as short
dYdX SEI-USD+0.2804%1h0.05949−0.255%$101K$2K5xas long as short