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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.079%
Price spread now: Kraken Futures against ApeX Omni−0.079%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$980.982% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.167%+$17 on $10k
Price spread, last 3 days (all we have)+0.106%+$11 · spread now −0.079%, 7d avg +0.043%
Together, before fees+0.273%+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.122% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.043%). If the spread goes back, that is −$12 on $10k: about 4.5 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SEIUSDT0.058900.0100pay 0.0013% / 1h46m 41s$107K$667K50x
ShortKraken Futures PF_SEIUSD0.058850.0190get 0.0024% / 1h46m 41s$374K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX 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
$18.84
Price spread: −0.079% → +0.043%
−$12.25
Slippage, 4 orders
−$78.19
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$91.6
Costs to cover
0.982%
Break-even
41.0 days
Slippage from ApeX Omni: live order book, 37 min ago; Kraken Futures: live order book, 2 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 ApeX Omni live order book, 37 min ago16.81 bp30.5 bp −$31147.1 bp −$1,471doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago4.25 bp17.6 bp −$1850.9 bp −$509doesn'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
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05880−0.166%$23K100xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05882−0.135%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05884−0.102%$20K$62K25xas long as short
Variational Omni SEI+0.0019%8h0.05881−0.153%$313K$234Kas long as short
Lighter SEI+0.0096%1h0.05893+0.051%$265K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05884−0.102%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05896+0.095%$3.4M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05896+0.101%$308K$368K20xas long as short
Binance SEIUSDT+0.0100%8h0.05892+0.034%$13.6M$126.2M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05886−0.068%$13.8M$36.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05887−0.051%$3.0M$39.7M50xas long as short
Gate SEI_USDT+0.0100%8h0.058900.000%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.058900.000%$28.8M$26.0M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05891+0.017%$6.9M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05892+0.034%$9.3M$17.0M75xas long as short
BingX SEI-USDT+0.0100%8h0.058900.000%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05889−0.017%$119K$561K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05881−0.153%$207K$1.5M10xas long as short
ApeX Omni SEIUSDTlong+0.0100%1h0.05890long leg$107K$667K50x
SunX SEI-USDT+0.0100%8h0.05899+0.153%$22K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05891+0.009%$75K$476K25xas long as short
Kraken Futures PF_SEIUSDshort+0.0190%1h0.05885−0.079%$374K$1.6M50x
Coinbase International SEI-PERP-INTX+0.0192%1h0.05960+1.188%$33K$209K50xas long as short
BloFin SEI-USDT+0.0220%8h0.05886−0.068%$701K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05887−0.054%$11220xas long as short
Injective SEI/USDC PERP+0.0864%1h0.05913+0.390%$8K$42K12xas long as short
dYdX SEI-USD+0.2687%1h0.05887−0.051%$100K$2K5xas long as short