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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h −0.005%
Price spread now: BloFin against Hyperliquid+0.007%67s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 3 days (all we have)−0.030%−$3 · spread now +0.007%, 7d avg −0.011%
Together, before fees−0.039%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SEI0.059490.0100pay 0.0013% / 1h21m 56s$3.5M$6.5M5x
ShortBloFin SEI-USDT0.059490.0220get 0.0220% / 8h2h 21m$711K$1.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Hyperliquid. 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
$25.2
Price spread: +0.007% → −0.011%
$1.73
Slippage, 4 orders
−$20.75
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$14.83
Costs to cover
0.418%
Break-even
11.1 days
Slippage from Hyperliquid: live order book, 10 min ago; BloFin: live order book, 5 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 Hyperliquid live order book, 10 min ago0.76 bp10.3 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.84 bp9.9 bp −$1018.4 bp −$18460.6 bp −$6,058doesn'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
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05947−0.025%$23K100xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05960+0.192%$33K$210K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05946−0.039%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05949+0.007%$20K$62K25xas long as short
Variational Omni SEI+0.0030%8h0.05945−0.064%$315K$240Kas long as short
Lighter SEI+0.0096%1h0.05946−0.044%$268K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0098%8h0.05947−0.027%$2K$111K20xas long as short
Hyperliquid SEIlong+0.0100%1h0.05949long leg$3.5M$6.5M5x
Aster SEIUSDT+0.0100%8h0.05943−0.087%$310K$371K20xas long as short
Binance SEIUSDT+0.0100%8h0.05946−0.043%$13.9M$128.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05942−0.111%$14.0M$36.5M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05943−0.094%$3.0M$40.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.05940−0.145%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05945−0.061%$29.5M$26.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05945−0.061%$7.1M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05945−0.061%$9.3M$17.2M75xas long as short
BingX SEI-USDT+0.0100%8h0.05943−0.094%$33.0Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05946−0.044%$119K$564K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05942−0.103%$211K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05930−0.313%$108K$670K50xas long as short
SunX SEI-USDT+0.0100%8h0.05955+0.108%$22K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05945−0.064%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05945−0.067%$377K$1.7M50xas long as short
BloFin SEI-USDTshort+0.0220%8h0.05949+0.007%$711K$1.3M75x
Reya SEIRUSDPERP+0.0346%1h0.05948−0.014%$11420xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05977+0.477%$9K$42K12xas long as short
dYdX SEI-USD+0.2186%1h0.05946−0.049%$101K$2K5xas long as short