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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0168%/8h= −18.4% APRnext payment $0.21 per $10,000 · paid last 24h +0.060%
Price spread now: Extended against Coinbase International−0.441%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$1671.667% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.409%+$41 on $10k
Price spread, last 4 days (all we have)+0.667%+$67 · spread now −0.441%, 7d avg +0.022%
Together, before fees+1.076%+ Points / potential airdropExtended: Active · farm board+$108 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Extended is 0.463% cheaper against Coinbase International than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of +0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.409%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SEI-PERP-INTX0.060100.0272pay 0.0034% / 1h55m 18s$43K$230K50x
ShortExtended SEI-USD0.059830.0104get 0.0013% / 1h55m 18s$76K$558K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Coinbase International. 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
−$35.28
Price spread: −0.441% → +0.022%
−$46.29
Slippage, 4 orders
−$151.7
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$248.28
Costs to cover
1.667%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 53 min ago; Extended: live order book, 52 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 Coinbase International live order book, 53 min ago15.97 bp70.8 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 52 min ago3.36 bp16.3 bp −$16146.8 bp −$1,468doesn'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%8h0.05986−0.392%$316K$175Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05984−0.436%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0030% / S −0.0028%1h0.05982−0.468%$3K100xas long as short
Deribit SEI_USDC-PERPETUAL+0.0084%1h0.05986−0.399%$378$72K25xas long as short
Lighter SEI+0.0096%1h0.05987−0.383%$270K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05989−0.356%$3.4M$4.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.05990−0.327%$313K$360K20xas long as short
Binance SEIUSDT+0.0100%8h0.05988−0.366%$14.6M$126.3M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05982−0.466%$14.1M$34.3M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05982−0.466%$3.4M$36.6M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05985−0.416%$1.1M$3.0M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05985−0.416%$35.7M$27.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05988−0.366%$6.5M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05984−0.433%$9.7M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.05983−0.449%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05995−0.250%$107K$648K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05999−0.183%$203K$2.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06000−0.166%$102K$671K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05984−0.433%$2K$137K20xas long as short
SunX SEI-USDT+0.0100%8h0.05992−0.300%$23K$3.9M30xas long as short
Extended SEI-USDshort+0.0104%1h0.05983−0.441%$76K$558K25x
Coinbase International SEI-PERP-INTXlong+0.0272%1h0.06010long leg$43K$230K50x
Reya SEIRUSDPERP+0.0346%1h0.05986−0.407%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0350%1h0.05986−0.398%$361K$1.6M50xas long as short
BloFin SEI-USDT+0.0369%8h0.05990−0.333%$735K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0402%1h0.06003−0.116%$9K$40K12xas long as short
dYdX SEI-USD+0.1309%1h0.05991−0.310%$102K$2K5xas long as short