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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.042%
Price spread now: Coinbase International against MEXC−0.523%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$850.851% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.436%−$44 on $10k
Price spread, last 4 days (all we have)+0.350%+$35 · spread now −0.523%, 7d avg −0.045%
Together, before fees−0.086%−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.478% cheaper against MEXC than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.045%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SEI_USDT0.061210.0100pay 0.0100% / 8h5h 06m$22.3M$30.9M300x
ShortCoinbase International SEI-PERP-INTX0.06089−0.0048pay 0.0006% / 1h6m 36s$68K$264K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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
−$31.08
Price spread: −0.523% → −0.045%
−$47.76
Slippage, 4 orders
−$75.06
Fee MEXC: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$163.9
Costs to cover
0.851%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Coinbase International: live order book, 39 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 MEXC live order book, 5 min ago2.45 bp5.3 bp −$516.1 bp −$16162.6 bp −$6,261110.0 bp −$55.0K
Sell Coinbase International live order book, 39 min ago12.97 bp52.3 bp −$52doesn't fitdoesn't fitdoesn't fit

SEI on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SEI/USDC PERP−0.0469%1h0.06187+1.078%$9K$37K12xas long as short
Variational Omni SEI−0.0178%8h0.06090−0.507%$319K$199Kas long as short
Coinbase International SEI-PERP-INTXshort−0.0048%1h0.06089−0.523%$68K$264K50x
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.06113−0.129%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06118−0.049%$10K$72K25xas long as short
Bybit SEIUSDT+0.0067%8h0.06115−0.098%$14.8M$31.7M50xas long as short
Lighter SEI+0.0096%1h0.06123+0.033%$283K$1.0M10xas long as short
Hyperliquid SEI+0.0100%1h0.06132+0.173%$4.0M$4.1M5xas long as short
Aster SEIUSDT+0.0100%8h0.06125+0.064%$338K$300K20xas long as short
Binance SEIUSDT+0.0100%8h0.06123+0.033%$15.0M$110.4M75xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06117−0.065%$3.4M$32.5M50xas long as short
Gate SEI_USDT+0.0100%8h0.06120−0.016%$1.1M$2.7M75xas long as short
MEXC SEI_USDTlong+0.0100%8h0.06121long leg$22.3M$30.9M300x
KuCoin SEIUSDTM+0.0100%8h0.06129+0.131%$7.0M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06123+0.033%$9.5M$16.4M75xas long as short
BingX SEI-USDT+0.0100%8h0.06117−0.065%$16.0Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06124+0.049%$118K$715K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06116−0.082%$217K$3.2M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06100−0.343%$82K$674K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06116−0.082%$2K$302K20xas long as short
SunX SEI-USDT+0.0100%8h0.06119−0.033%$23K$2.9M30xas long as short
Extended SEI-USD+0.0104%1h0.06118−0.057%$68K$417K25xas long as short
Kraken Futures PF_SEIUSD+0.0164%1h0.06117−0.059%$362K$1.7M50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0215% / S −0.0631%1h0.06122+0.010%$3K100xas long as short
BloFin SEI-USDT+0.0220%8h0.06113−0.131%$754K$1.6M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06114−0.112%$11720xas long as short
dYdX SEI-USD+0.0853%1h0.06120−0.022%$104K$9685xas long as short