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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Backpack+0.126%55s7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2932.929% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 4 days (all we have)+0.132%+$13 · spread now +0.126%, 7d avg −0.029%
Together, before fees+0.093%+ Points / potential airdropAster: Stage 5 · farm board+$9 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: Aster is 0.155% dearer against Backpack than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.029%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SEI_USDC_PERP0.059290.0100pay 0.0013% / 1h50m 09s$118K$570K10x
ShortAster SEIUSDT0.059360.0100get 0.0100% / 8h2h 50m$311K$382K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Backpack. 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: +0.126% → −0.029%
$15.52
Slippage, 4 orders
−$274.93
Fee Backpack: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$277.41
Costs to cover
2.929%
Break-even
never at this rate
Slippage from Backpack: live order book, 38 min ago; Aster: 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 Backpack live order book, 38 min ago0.84 bp10.1 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 37 min ago11.66 bp92.5 bp −$92doesn'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
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05934+0.091%$23K100xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05960+0.523%$33K$218K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05935+0.099%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05936+0.118%$20K$62K25xas long as short
Variational Omni SEI+0.0056%8h0.05924−0.092%$315K$240Kas long as short
Lighter SEI+0.0096%1h0.05937+0.135%$268K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05934+0.084%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05937+0.138%$3.4M$6.6M5xas long as short
Aster SEIUSDTshort+0.0100%8h0.05936+0.126%$311K$382K20x
Binance SEIUSDT+0.0100%8h0.05936+0.115%$14.0M$128.7M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05932+0.051%$13.9M$36.6M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05933+0.067%$3.0M$40.5M50xas long as short
Gate SEI_USDT+0.0100%8h0.059290.000%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05937+0.135%$29.7M$26.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05936+0.118%$7.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05934+0.084%$9.3M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.05932+0.051%$33.0Mas long as short
Backpack SEI_USDC_PERPlong+0.0100%1h0.05929long leg$118K$570K10x
GRVT SEI_USDT_Perp+0.0100%8h0.05960+0.523%$206K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940+0.186%$108K$668K50xas long as short
SunX SEI-USDT+0.0100%8h0.05942+0.219%$23K$4.8M30xas long as short
Extended SEI-USD+0.0104%1h0.05932+0.052%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05935+0.106%$374K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05930+0.017%$720K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05934+0.087%$11320xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05964+0.590%$9K$42K12xas long as short
dYdX SEI-USD+0.2101%1h0.05935+0.093%$101K$2K5xas long as short