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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h −0.052%
Price spread now: Coinbase International against SunX+0.130%7-day average −0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1741.745% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.506%−$51 on $10k
Price spread, last 4 days (all we have)−0.381%−$38 · spread now +0.130%, 7d avg −0.164%
Together, before fees−0.887%−$89 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.295% dearer against SunX than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.164%. Mind the row above: over the last 7 days funding on this pair cost −0.506%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SEI-USDT0.061320.0100pay 0.0100% / 8h1h 05m$23K$3.7M30x
ShortCoinbase International SEI-PERP-INTX0.061400.0272get 0.0034% / 1h5m 25s$45K$237K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$36.12
Price spread: +0.130% → −0.164%
$29.48
Slippage, 4 orders
−$156.46
Fee SunX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$108.85
Costs to cover
1.745%
Break-even
28.1 days
Slippage from SunX: live order book, 3 min ago; Coinbase International: live order book, 37 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 SunX live order book, 3 min ago14.67 bp24.8 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 37 min ago12.56 bp59.8 bp −$60doesn'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−0.0080%8h0.06115−0.270%$321K$179Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06114−0.289%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06125−0.114%$387$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0068% / S −0.0139%1h0.06114−0.297%$3K100xas long as short
Lighter SEI+0.0096%1h0.06125−0.114%$275K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.06129−0.044%$3.7M$5.0M5xas long as short
Aster SEIUSDT+0.0100%8h0.06124−0.130%$327K$379K20xas long as short
Binance SEIUSDT+0.0100%8h0.06120−0.191%$14.8M$123.1M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06110−0.359%$14.5M$34.0M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06109−0.375%$3.4M$36.4M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06121−0.179%$1.1M$3.2M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06119−0.212%$36.4M$28.0M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06127−0.082%$6.8M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06121−0.179%$10.1M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.06117−0.245%$31.4Mas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06145+0.206%$210K$2.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06150+0.294%$104K$668K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06116−0.261%$2K$181K20xas long as short
SunX SEI-USDTlong+0.0100%8h0.06132long leg$23K$3.7M30x
Extended SEI-USD+0.0104%1h0.06123−0.143%$85K$377K25xas long as short
Backpack SEI_USDC_PERP+0.0208%1h0.06128−0.065%$114K$653K10xas long as short
Coinbase International SEI-PERP-INTXshort+0.0272%1h0.06140+0.130%$45K$237K50x
Kraken Futures PF_SEIUSD+0.0342%1h0.06126−0.098%$376K$1.6M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06119−0.212%$11720xas long as short
BloFin SEI-USDT+0.0367%8h0.06126−0.098%$730K$1.5M75xas long as short
Injective SEI/USDC PERP+0.0402%1h0.06129−0.049%$9K$40K12xas long as short
dYdX SEI-USD+0.1672%1h0.06123−0.141%$104K$2K5xas long as short