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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0246%/8h= −26.9% APRnext payment $0.31 per $10,000 · paid last 24h −0.074%
Price spread now: ApeX Omni against Reya−0.254%63s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.254% cheaper against Reya than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SEIRUSDPERP0.061860.0346pay 0.0043% / 1h10m 24s$11820x
ShortApeX Omni SEIUSDT0.061700.0100get 0.0013% / 1h10m 24s$103K$676K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Reya. 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
−$51.62
Price spread: −0.254% → 0.000%
−$25.37
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$92.99
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; ApeX Omni: live order book, 28 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 Reya no order-book sample
Sell ApeX Omni live order book, 28 min ago24.65 bp35.3 bp −$35152.8 bp −$1,528doesn't fitdoesn't fit
Reya: 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−0.0089%8h0.06168−0.290%$326K$175Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.06187+0.016%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06187+0.021%$391$72K25xas long as short
Lighter SEI+0.0096%1h0.06181−0.076%$281K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.06194+0.128%$3.8M$4.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.06188+0.033%$338K$350K20xas long as short
Binance SEIUSDT+0.0100%8h0.06187+0.018%$15.0M$122.5M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06178−0.124%$14.7M$34.1M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06181−0.076%$3.5M$36.8M50xas long as short
Gate SEI_USDT+0.0100%8h0.06185−0.011%$1.1M$3.2M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.06186+0.005%$38.4M$27.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06191+0.086%$6.9M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06184−0.027%$10.0M$17.0M75xas long as short
BingX SEI-USDT+0.0100%8h0.06184−0.027%$16.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06184−0.027%$115K$667K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06168−0.286%$211K$2.6M10xas long as short
ApeX Omni SEIUSDTshort+0.0100%1h0.06170−0.254%$103K$676K50x
Orderly PERP_SEI_USDC+0.0100%8h0.06184−0.027%$2K$230K20xas long as short
SunX SEI-USDT+0.0100%8h0.06193+0.118%$23K$3.6M30xas long as short
Extended SEI-USD+0.0104%1h0.06183−0.044%$76K$430K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0228% / S −0.1771%1h0.06185−0.011%$12K100xas long as short
Kraken Futures PF_SEIUSD+0.0249%1h0.06185−0.012%$386K$1.6M50xas long as short
BloFin SEI-USDT+0.0282%8h0.06190+0.070%$746K$1.6M75xas long as short
Coinbase International SEI-PERP-INTX+0.0288%1h0.06090−1.547%$44K$240K50xas long as short
Reya SEIRUSDPERPlong+0.0346%1h0.06186long leg$11820x
Injective SEI/USDC PERP+0.0454%1h0.06106−1.288%$9K$40K12xas long as short
dYdX SEI-USD+0.0632%1h0.06181−0.074%$105K$2K5xas long as short