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−0.0172%/8h= −18.8% APRpaid last 24h +0.052%
Price spread now: MEXC against Coinbase International+0.067%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1431.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.407%+$41 on $10k
Price spread, last 4 days (all we have)+0.177%+$18 · spread now +0.067%, 7d avg +0.049%
Together, before fees+0.584%+$58 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.407%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SEI-PERP-INTX0.059800.0272pay 0.0034% / 1h48m 14s$43K$230K50x
ShortMEXC SEI_USDT0.059840.0100get 0.0100% / 8h1h 48m$35.8M$27.5M300x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$36.12
Price spread: +0.067% → +0.049%
$1.81
Slippage, 4 orders
−$133.45
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$177.76
Costs to cover
1.435%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 60 min ago; MEXC: live order book, 6 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, 60 min ago15.97 bp70.8 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 6 min ago1.67 bp4.6 bp −$59.6 bp −$9642.7 bp −$4,27084.5 bp −$42.2K

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%8h0.05970−0.175%$311K$179Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05981+0.009%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0033% / S −0.0034%1h0.05981+0.015%$3K100xas long as short
Deribit SEI_USDC-PERPETUAL+0.0084%1h0.05985+0.084%$378$72K25xas long as short
Lighter SEI+0.0096%1h0.05987+0.117%$270K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05986+0.104%$3.4M$4.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.05985+0.084%$313K$367K20xas long as short
Binance SEIUSDT+0.0100%8h0.05984+0.067%$14.5M$125.7M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05978−0.033%$14.1M$34.2M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05978−0.033%$3.3M$36.5M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05985+0.084%$1.1M$3.0M75xas long as short
MEXC SEI_USDTshort+0.0100%8h0.05984+0.067%$35.8M$27.5M300x
KuCoin SEIUSDTM+0.0100%8h0.05992+0.201%$6.5M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05985+0.084%$9.7M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.05982+0.033%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05994+0.234%$106K$648K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05984+0.059%$209K$2.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05990+0.167%$102K$672K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05983+0.050%$2K$138K20xas long as short
SunX SEI-USDT+0.0100%8h0.05993+0.217%$22K$3.9M30xas long as short
Extended SEI-USD+0.0104%1h0.05984+0.073%$76K$560K25xas long as short
Coinbase International SEI-PERP-INTXlong+0.0272%1h0.05980long leg$43K$230K50x
Reya SEIRUSDPERP+0.0346%1h0.05983+0.051%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0350%1h0.05984+0.065%$367K$1.6M50xas long as short
BloFin SEI-USDT+0.0368%8h0.05990+0.167%$738K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0402%1h0.06002+0.368%$9K$40K12xas long as short
dYdX SEI-USD+0.1593%1h0.05988+0.132%$102K$2K5xas long as short