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+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.032%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$410.408% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 7 days−0.101%−$10 · spread now +0.032%, 7d avg −0.007%
Together, before fees−0.213%+ Points / potential airdropLighter: Season 3 · farm board−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.039% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SEI0.061690.0096pay 0.0012% / 1h10m 56s$281K$1.2M10x
ShortBitget SEIUSDT0.061710.0100get 0.0100% / 8h5h 10m$9.9M$16.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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
$0.84
Price spread: +0.032% → −0.007%
$3.91
Slippage, 4 orders
−$28.77
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$36.01
Costs to cover
0.408%
Break-even
307.1 days
Slippage from Lighter: live order book, 5 min ago; Bitget: live order book, 3 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 Lighter live order book, 5 min ago3.24 bp6.9 bp −$727.2 bp −$272doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.81 bp9.6 bp −$1031.4 bp −$314127.9 bp −$12.8Kdoesn'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−0.0154%8h0.06134−0.562%$333K$183Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06164−0.074%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06165−0.065%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0008% / S +0.0170%1h0.06160−0.144%$7K100xas long as short
Lighter SEIlong+0.0096%1h0.06169long leg$281K$1.2M10x
Hyperliquid SEI+0.0100%1h0.06178+0.146%$3.6M$5.7M5xas long as short
Aster SEIUSDT+0.0100%8h0.06171+0.035%$323K$356K20xas long as short
Binance SEIUSDT+0.0100%8h0.06171+0.035%$15.4M$129.8M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06162−0.113%$14.9M$36.1M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06168−0.016%$3.5M$41.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06171+0.032%$1.2M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06170+0.016%$36.6M$28.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.061690.000%$6.6M$14.4M75xas long as short
Bitget SEIUSDTshort+0.0100%8h0.06171+0.032%$9.9M$16.7M75x
BingX SEI-USDT+0.0100%8h0.061690.000%$31.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06176+0.113%$114K$602K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06124−0.732%$213K$1.8M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06130−0.632%$109K$666K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06167−0.032%$2K$94K20xas long as short
SunX SEI-USDT+0.0100%8h0.06163−0.097%$23K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06171+0.035%$78K$545K25xas long as short
Coinbase International SEI-PERP-INTX+0.0128%1h0.06160−0.146%$42K$222K50xas long as short
Injective SEI/USDC PERP+0.0156%1h0.06136−0.535%$9K$43K12xas long as short
BloFin SEI-USDT+0.0220%8h0.06172+0.049%$596K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06159−0.155%$11820xas long as short
Kraken Futures PF_SEIUSD+0.0461%1h0.06171+0.038%$383K$1.6M50xas long as short
dYdX SEI-USD+0.0700%1h0.06145−0.393%$105K$2K5xas long as short