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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.012%
Price spread now: SunX against Injective−0.392%61s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+1.964%+$196 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.392% cheaper against Injective than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.964%, so the current rate has only just turned against you. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SEI/USDC PERP0.061270.0156pay 0.0019% / 1h5m 59s$9K$43K12x
ShortSunX SEI-USDT0.061030.0100get 0.0100% / 8h5h 05m$23K$4.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Injective. 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
−$11.72
Price spread: −0.392% → 0.000%
−$39.17
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SunX: 4 bp × 2 orders
−$8
Net
−$58.92
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; SunX: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell SunX live order book, 12 min ago14.63 bp22.0 bp −$22doesn't fitdoesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0166%8h0.06091−0.591%$331K$184Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06100−0.434%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06101−0.424%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0008% / S +0.0165%1h0.06102−0.402%$7K100xas long as short
Lighter SEI+0.0096%1h0.06102−0.408%$278K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06108−0.310%$3.5M$5.7M5xas long as short
Aster SEIUSDT+0.0100%8h0.06101−0.421%$319K$356K20xas long as short
Binance SEIUSDT+0.0100%8h0.06101−0.420%$15.2M$130.1M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06092−0.571%$14.7M$36.2M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06097−0.490%$3.5M$40.6M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06100−0.441%$1.2M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06103−0.392%$35.9M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06098−0.473%$6.5M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06105−0.359%$9.9M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.06099−0.457%$31.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06101−0.424%$109K$603K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06114−0.209%$210K$1.8M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06130+0.049%$108K$665K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06097−0.490%$2K$90K20xas long as short
SunX SEI-USDTshort+0.0100%8h0.06103−0.392%$23K$4.3M30x
Extended SEI-USD+0.0104%1h0.06097−0.495%$78K$546K25xas long as short
Coinbase International SEI-PERP-INTX+0.0128%1h0.06160+0.539%$42K$223K50xas long as short
Injective SEI/USDC PERPlong+0.0156%1h0.06127long leg$9K$43K12x
BloFin SEI-USDT+0.0220%8h0.06111−0.261%$779K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06099−0.458%$11620xas long as short
Kraken Futures PF_SEIUSD+0.0467%1h0.06103−0.389%$378K$1.6M50xas long as short
dYdX SEI-USD+0.0672%1h0.06101−0.420%$104K$2K5xas long as short