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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Backpack against SunX−0.183%7-day average −0.049% · 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 7 days+0.145%+$14 on $10k
Price spread, last 4 days (all we have)+0.152%+$15 · spread now −0.183%, 7d avg −0.049%
Together, before fees+0.297%+$30 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: Backpack is 0.134% cheaper against SunX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SEI-USDT0.060100.0100pay 0.0100% / 8h2h 18m$22K$3.9M30x
ShortBackpack SEI_USDC_PERP0.059990.0100get 0.0013% / 1h18m 02s$107K$648K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against SunX. 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
Price spread: −0.183% → −0.049%
−$13.36
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$31.36
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 10 min ago; Backpack: live order book, 31 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 SunX live order book, 10 min ago500.84 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 31 min ago0.84 bp10.8 bp −$11doesn't fitdoesn'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
Variational Omni SEI−0.0149%8h0.05959−0.841%$320K$175Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05998−0.200%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0015% / S +0.0019%1h0.05998−0.208%$3K100xas long as short
Lighter SEI+0.0096%1h0.06004−0.100%$273K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05998−0.196%$3.4M$5.0M5xas long as short
Aster SEIUSDT+0.0100%8h0.05998−0.202%$313K$360K20xas long as short
Binance SEIUSDT+0.0100%8h0.05992−0.295%$14.4M$127.0M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05996−0.233%$14.2M$34.6M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05998−0.200%$3.4M$37.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.06000−0.166%$1.1M$3.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.05997−0.216%$35.1M$27.9M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05999−0.183%$6.5M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05996−0.233%$9.7M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.05995−0.250%$31.4Mas long as short
Backpack SEI_USDC_PERPshort+0.0100%1h0.05999−0.183%$107K$648K10x
GRVT SEI_USDT_Perp+0.0100%8h0.05942−1.131%$203K$2.3M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05930−1.331%$101K$671K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05999−0.183%$2K$117K20xas long as short
SunX SEI-USDTlong+0.0100%8h0.06010long leg$22K$3.9M30x
Extended SEI-USD+0.0104%1h0.06001−0.150%$76K$561K25xas long as short
Deribit SEI_USDC-PERPETUAL+0.0250%1h0.06002−0.133%$379$72K25xas long as short
Coinbase International SEI-PERP-INTX+0.0280%1h0.06007−0.050%$42K$228K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06001−0.157%$11520xas long as short
BloFin SEI-USDT+0.0370%8h0.05995−0.250%$725K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0410%1h0.05983−0.449%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0537%1h0.05998−0.202%$362K$1.6M50xas long as short
dYdX SEI-USD+0.1205%1h0.05999−0.175%$102K$2K5xas long as short