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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: SunX against Backpack+0.476%7-day average +0.051% · 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 7 days−0.151%−$15 on $10k
Price spread, last 4 days (all we have)−0.431%−$43 · spread now +0.476%, 7d avg +0.051%
Together, before fees−0.582%−$58 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: SunX is 0.425% dearer against Backpack than usual: you sell high and buy low, +$42 on $10k if it goes back to its 7-day average of +0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SEI_USDC_PERP0.060950.0100pay 0.0013% / 1h55m 54s$117K$675K10x
ShortSunX SEI-USDT0.061240.0100get 0.0100% / 8h7h 55m$23K$3.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.476% → +0.051%
$42.5
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$24.5
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Backpack: live order book, 43 min ago; SunX: live order book, 12 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 Backpack live order book, 43 min ago0.82 bp10.4 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 12 min ago500.20 bpdoesn't fitdoesn'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
Injective SEI/USDC PERP−0.0302%1h0.06126+0.509%$9K$40K12xas long as short
Variational Omni SEI−0.0094%8h0.06108+0.221%$323K$175Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.06115+0.336%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06115+0.328%$386$72K25xas long as short
Lighter SEI+0.0096%1h0.06106+0.180%$272K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.06089−0.092%$3.8M$4.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.06094−0.019%$333K$350K20xas long as short
Binance SEIUSDT+0.0100%8h0.06084−0.180%$14.8M$123.0M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06079−0.263%$14.5M$34.3M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06083−0.197%$3.5M$36.5M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06087−0.131%$1.1M$2.9M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06088−0.115%$37.9M$27.1M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06089−0.098%$6.8M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06083−0.197%$9.7M$17.2M75xas long as short
BingX SEI-USDT+0.0100%8h0.06085−0.164%$16.3Mas long as short
Backpack SEI_USDC_PERPlong+0.0100%1h0.06095long leg$117K$675K10x
GRVT SEI_USDT_Perp+0.0100%8h0.06137+0.685%$209K$2.7M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06130+0.574%$102K$675K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06116+0.345%$2K$243K20xas long as short
SunX SEI-USDTshort+0.0100%8h0.06124+0.476%$23K$3.6M30x
Extended SEI-USD+0.0104%1h0.06081−0.232%$69K$438K25xas long as short
Coinbase International SEI-PERP-INTX+0.0192%1h0.06111+0.263%$67K$265K50xas long as short
BloFin SEI-USDT+0.0220%8h0.06133+0.623%$750K$1.6M75xas long as short
GMX SEI/USD [ETH-USDC]L +0.0247% / S −0.2127%1h0.06114+0.320%$12K100xas long as short
Kraken Futures PF_SEIUSD+0.0266%1h0.06118+0.386%$376K$1.7M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06115+0.329%$11720xas long as short
dYdX SEI-USD+0.0479%1h0.06124+0.469%$104K$2K5xas long as short