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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0791%/8h= +86.6% APRpaid last 24h −0.042%
Price spread now: Injective against Bybit+0.572%78s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.959%−$196 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Injective is 0.572% dearer against Bybit than usual: you sell high and buy low: +$57 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −1.959%, so the current rate has only just turned in your favour. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SEIUSDT0.059440.0053pay 0.0053% / 8h6h 47m$14.1M$36.2M50x
ShortInjective SEI/USDC PERP0.059780.0844get 0.0106% / 1h47m 57s$9K$43K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Bybit. 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
$166.16
Price spread: +0.572% → 0.000%
$57.2
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$212.34
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.84 bp13.7 bp −$1433.3 bp −$333doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0815% / S +0.0444%1h0.05952+0.141%$23K100xas long as short
Deribit SEI_USDC-PERPETUAL−0.0422%1h0.05947+0.050%$10K$72K25xas long as short
Variational Omni SEI−0.0131%8h0.05970+0.430%$319K$210Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05947+0.050%$11K150xas long as short
Coinbase International SEI-PERP-INTX+0.0048%1h0.05979+0.589%$34K$207K50xas long as short
Bybit SEIUSDTlong+0.0053%8h0.05944long leg$14.1M$36.2M50x
Lighter SEI+0.0096%1h0.05949+0.084%$270K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05951+0.118%$2K$105K20xas long as short
Hyperliquid SEI+0.0100%1h0.05956+0.210%$3.5M$6.4M5xas long as short
Aster SEIUSDT+0.0100%8h0.05957+0.225%$312K$355K20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SEIUSDT+0.0100%8h0.05948+0.070%$14.2M$129.4M75xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05948+0.067%$3.2M$40.1M50xas long as short
Gate SEI_USDT+0.0100%8h0.05945+0.017%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05946+0.034%$35.1M$28.3M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05948+0.067%$6.4M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05950+0.101%$9.5M$17.0M75xas long as short
BingX SEI-USDT+0.0100%8h0.05952+0.135%$31.6Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05950+0.101%$117K$569K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05974+0.505%$204K$1.6M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05980+0.606%$109K$676K50xas long as short
SunX SEI-USDT+0.0100%8h0.05984+0.673%$22K$4.5M30xas long as short
Extended SEI-USD+0.0104%1h0.05944+0.004%$76K$538K25xas long as short
BloFin SEI-USDT+0.0220%8h0.05976+0.538%$720K$1.1M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05949+0.081%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0377%1h0.05946+0.036%$381K$1.6M50xas long as short
dYdX SEI-USD+0.0535%1h0.05985+0.690%$102K$2K5xas long as short
Injective SEI/USDC PERPshort+0.0844%1h0.05978+0.572%$9K$43K12x