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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0087%/8h= −9.6% APRpaid last 24h −0.019%
Price spread now: Variational Omni against Lighter+0.115%7-day average −0.101% · you sell dearer than you buy
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 3 days (all we have)−0.024%−$2 on $10k
Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.115%, 7d avg −0.101%
Together, before fees−0.030%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.216% dearer against Lighter than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of −0.101%): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.2 days. At the pace of the last 3 days (−0.024% in total) that is about 30 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SEI0.058760.0096pay 0.0012% / 1h16m 17s$265K$1.2M10x
ShortVariational Omni SEI0.058830.0009get 0.0009% / 8h1h 16m$311K$232K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$18.36
Price spread: +0.115% → −0.101%
$21.59
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$3.23
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: live order book, 5 min ago; Variational Omni: RFQ quote, 3 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 Lighter live order book, 5 min ago3.40 bp10.2 bp −$1028.9 bp −$289doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago4.26 bpdoesn't fit21.3 bp −$213doesn't fitdoesn'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%1h0.05877+0.024%$23K100xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05877+0.017%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05878+0.034%$19K$62K25xas long as short
Variational Omni SEIshort+0.0009%8h0.05883+0.115%$311K$232K
Lighter SEIlong+0.0096%1h0.05876long leg$265K$1.2M10x
Orderly PERP_SEI_USDC+0.0099%8h0.05878+0.034%$2K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.05881+0.092%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05881+0.077%$307K$368K20xas long as short
Binance SEIUSDT+0.0100%8h0.05880+0.068%$13.6M$125.8M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05872−0.068%$13.8M$36.1M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05872−0.068%$3.0M$39.6M50xas long as short
Gate SEI_USDT+0.0100%8h0.05877+0.017%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05879+0.051%$28.7M$26.1M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05878+0.034%$6.6M$14.1M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05879+0.051%$9.3M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05877+0.017%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05877+0.017%$118K$563K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05879+0.051%$208K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05890+0.238%$107K$666K50xas long as short
SunX SEI-USDT+0.0100%8h0.05885+0.153%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05876−0.007%$75K$476K25xas long as short
Kraken Futures PF_SEIUSD+0.0190%1h0.05879+0.047%$371K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0192%1h0.05886+0.170%$33K$207K50xas long as short
BloFin SEI-USDT+0.0220%8h0.05882+0.102%$696K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05877+0.012%$11220xas long as short
Injective SEI/USDC PERP+0.0864%1h0.05870−0.102%$8K$42K12xas long as short
dYdX SEI-USD+0.2646%1h0.05871−0.079%$100K$2K5xas long as short