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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0246%/8h= −26.9% APRnext payment $0.31 per $10,000 · paid last 24h −0.034%
Price spread now: Hyperliquid against Reya+0.067%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.067% dearer against Reya than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SEIRUSDPERP0.058720.0346pay 0.0043% / 1h26m 08s$11220x
ShortHyperliquid SEI0.058760.0100get 0.0013% / 1h26m 08s$3.4M$6.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
−$51.65
Price spread: +0.067% → 0.000%
$6.67
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$59.98
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 6 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 Hyperliquid live order book, 6 min ago1.27 bp9.2 bp −$9doesn't fitdoesn'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
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05873+0.007%$23K100xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05874+0.026%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05846−0.451%$19K$62K25xas long as short
Variational Omni SEI+0.0014%8h0.05881+0.141%$314K$228Kas long as short
Lighter SEI+0.0096%1h0.05872−0.008%$264K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05873+0.009%$2K$110K20xas long as short
Hyperliquid SEIshort+0.0100%1h0.05876+0.067%$3.4M$6.5M5x
Aster SEIUSDT+0.0100%8h0.05877+0.075%$307K$368K20xas long as short
Binance SEIUSDT+0.0100%8h0.05872−0.014%$13.6M$126.0M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05865−0.127%$13.8M$36.1M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05865−0.127%$3.0M$39.6M50xas long as short
Gate SEI_USDT+0.0100%8h0.05870−0.042%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05870−0.042%$28.7M$26.1M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05871−0.025%$6.6M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05871−0.025%$9.2M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05872−0.008%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05877+0.077%$118K$562K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05880+0.133%$208K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05880+0.128%$107K$665K50xas long as short
SunX SEI-USDT+0.0100%8h0.05881+0.145%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05871−0.030%$75K$476K25xas long as short
Kraken Futures PF_SEIUSD+0.0190%1h0.05872−0.007%$371K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0192%1h0.05960+1.490%$33K$209K50xas long as short
BloFin SEI-USDT+0.0220%8h0.05881+0.145%$700K$1.2M75xas long as short
Reya SEIRUSDPERPlong+0.0346%1h0.05872long leg$11220x
Injective SEI/USDC PERP+0.0864%1h0.05861−0.196%$8K$42K12xas long as short
dYdX SEI-USD+0.2645%1h0.05876+0.062%$100K$2K5xas long as short