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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Bybit−0.017%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$510.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 7 days+0.009%+$1 · spread now −0.017%, 7d avg +0.003%
Together, before fees+0.081%+$8 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: OKX is 0.020% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SEIUSDT0.059670.0100pay 0.0100% / 8h1h 47m$14.1M$34.2M50x
ShortOKX SEI-USDT-SWAP0.059660.0100get 0.0050% / 4h1h 47m$3.3M$36.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$0
Price spread: −0.017% → +0.003%
−$2.03
Slippage, 4 orders
−$29.89
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$52.92
Costs to cover
0.509%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 1 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 Bybit live order book, 1 min ago0.84 bp11.5 bp −$1127.4 bp −$274doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago1.67 bp13.0 bp −$1337.1 bp −$371doesn'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−0.0129%8h0.05970+0.042%$311K$179Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05969+0.041%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0033% / S −0.0037%1h0.05969+0.032%$3K100xas long as short
Deribit SEI_USDC-PERPETUAL+0.0085%1h0.05972+0.084%$377$72K25xas long as short
Lighter SEI+0.0096%1h0.05973+0.101%$270K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05977+0.168%$3.4M$4.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.05976+0.151%$312K$367K20xas long as short
Binance SEIUSDT+0.0100%8h0.05972+0.082%$14.5M$125.7M75xas long as short
Bybit SEIUSDTlong+0.0100%8h0.05967long leg$14.1M$34.2M50x
OKX SEI-USDT-SWAPshort+0.0100%4h0.05966−0.017%$3.3M$36.4M50x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05972+0.084%$1.1M$3.0M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05971+0.067%$35.7M$27.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05973+0.101%$6.5M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05971+0.067%$9.7M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.05969+0.034%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05986+0.318%$106K$648K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05984+0.277%$209K$2.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05980+0.218%$101K$671K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05971+0.067%$2K$138K20xas long as short
SunX SEI-USDT+0.0100%8h0.05979+0.201%$22K$3.9M30xas long as short
Extended SEI-USD+0.0104%1h0.05970+0.056%$76K$560K25xas long as short
Coinbase International SEI-PERP-INTX+0.0272%1h0.05980+0.218%$43K$230K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05971+0.060%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0351%1h0.05971+0.066%$366K$1.6M50xas long as short
BloFin SEI-USDT+0.0368%8h0.05978+0.184%$737K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0402%1h0.06002+0.587%$9K$40K12xas long as short
dYdX SEI-USD+0.1517%1h0.05981+0.241%$102K$2K5xas long as short