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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0301%/8h= +33.0% APRnext payment +$3.01 per $10,000 · paid last 24h +0.031%
Price spread now: Binance against Variational Omni+0.263%7-day average +0.107% · 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 4 days (all we have)+0.040%+$4 on $10k
Price spread, last 4 days (all we have)−0.440%−$44 · spread now +0.263%, 7d avg +0.107%
Together, before fees−0.400%+ Points / potential airdropVariational Omni: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.155% dearer against Variational Omni than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.107%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.040% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SEI0.06002−0.0201get 0.0201% / 8h3h 51m$320K$187K
ShortBinance SEIUSDT0.060180.0100get 0.0100% / 8h3h 51m$14.8M$130.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational Omni. 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
$63.24
Price spread: +0.263% → +0.107%
$15.55
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$68.79
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Binance: 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 Variational Omni RFQ quote, 2 min ago4.16 bpdoesn't fit37.4 bp −$374doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago0.83 bp8.6 bp −$920.4 bp −$204113.4 bp −$11.3Kdoesn'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 SEIlong−0.0201%8h0.06002long leg$320K$187K
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06033+0.516%150xas long as short
GMX SEI/USD [ETH-USDC]L +0.0042% / S +0.0096%1h0.06032+0.497%$6K100xas long as short
Bybit SEIUSDT+0.0048%8h0.06009+0.109%$14.4M$36.3M50xas long as short
Deribit SEI_USDC-PERPETUAL+0.0082%1h0.06034+0.526%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.06026+0.392%$269K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.06027+0.406%$3.5M$5.4M5xas long as short
Aster SEIUSDT+0.0100%8h0.06028+0.429%$315K$349K20xas long as short
Binance SEIUSDTshort+0.0100%8h0.06018+0.263%$14.8M$130.4M75x
OKX SEI-USDT-SWAP+0.0100%4h0.06013+0.176%$3.4M$40.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06028+0.426%$1.1M$3.1M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06013+0.176%$35.1M$28.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06027+0.409%$6.5M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06016+0.226%$9.9M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.06016+0.226%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06034+0.526%$107K$631K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06037+0.573%$209K$2.0M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06040+0.626%$109K$668K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06032+0.492%$2K$47K20xas long as short
SunX SEI-USDT+0.0100%8h0.06045+0.709%$23K$4.2M30xas long as short
Extended SEI-USD+0.0104%1h0.06014+0.189%$76K$550K25xas long as short
Coinbase International SEI-PERP-INTX+0.0200%1h0.06010+0.126%$43K$217K50xas long as short
BloFin SEI-USDT+0.0220%8h0.06039+0.609%$757K$1.3M75xas long as short
Kraken Futures PF_SEIUSD+0.0256%1h0.06034+0.527%$372K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06037+0.576%$11520xas long as short
Injective SEI/USDC PERP+0.0510%1h0.06025+0.376%$9K$43K12xas long as short
dYdX SEI-USD+0.1754%1h0.06013+0.175%$103K$2K5xas long as short