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−0.0028%/8h= −3.1% APRpaid last 24h +0.070%
Price spread now: SunX against Coinbase International+0.452%7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1811.811% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.500%+$50 on $10k
Price spread, last 3 days (all we have)−0.333%−$33 · spread now +0.452%, 7d avg +0.164%
Together, before fees+0.168%+$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.288% dearer against Coinbase International than usual: you sell high and buy low (spread +0.452% now, against its 7-day average of +0.164%): +$29 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 34 days. Mind the row above: over the last 7 days funding on this pair paid +0.500%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SEI-PERP-INTX0.059770.0128pay 0.0016% / 1h54m 26s$34K$207K50x
ShortSunX SEI-USDT0.060040.0100get 0.0100% / 8h5h 54m$23K$4.4M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$5.88
Price spread: +0.452% → +0.164%
$28.77
Slippage, 4 orders
−$163.06
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$158.18
Costs to cover
1.811%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 8 min ago; SunX: live order book, 4 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, 8 min ago18.40 bp71.4 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 4 min ago15.05 bp27.0 bp −$27doesn't fitdoesn't fitdoesn't fit

SEI on 26 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%1h0.05989+0.207%$23K100xas long as short
Variational Omni SEI−0.0115%8h0.06010+0.544%$319K$187Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05990+0.218%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05990+0.218%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.06003+0.435%$272K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06005+0.460%$3.5M$5.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.06000+0.382%$314K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.05999+0.368%$14.3M$127.9M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05990+0.218%$14.3M$35.6M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05994+0.284%$3.2M$39.6M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05996+0.318%$1.1M$3.3M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05999+0.368%$34.5M$27.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06000+0.385%$6.4M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05997+0.335%$9.5M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.05998+0.351%$31.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06001+0.402%$120K$567K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05982+0.087%$205K$1.7M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05970−0.117%$109K$664K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05988+0.184%$2K$97K20xas long as short
SunX SEI-USDTshort+0.0100%8h0.06004+0.452%$23K$4.4M30x
Extended SEI-USD+0.0104%1h0.05999+0.369%$77K$546K25xas long as short
Coinbase International SEI-PERP-INTXlong+0.0128%1h0.05977long leg$34K$207K50x
Injective SEI/USDC PERP+0.0156%1h0.06004+0.452%$9K$43K12xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05997+0.334%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0475%1h0.05994+0.292%$376K$1.6M50xas long as short
dYdX SEI-USD+0.1401%1h0.06001+0.401%$102K$2K5xas long as short