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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.023%
Price spread now: Hyperliquid against Binance+0.112%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$440.437% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.166%+$17 on $10k
Price spread, last 7 days−0.068%−$7 · spread now +0.112%, 7d avg +0.018%
Together, before fees+0.098%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 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: Hyperliquid is 0.093% dearer against Binance than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SEIUSDT0.060240.0100pay 0.0100% / 8h4h 01m$14.8M$130.5M75x
ShortHyperliquid SEI0.060310.0100get 0.0013% / 1h1m 46s$3.5M$5.5M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. 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: +0.112% → +0.018%
$9.32
Slippage, 4 orders
−$24.74
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$34.42
Costs to cover
0.437%
Break-even
never at this rate
Slippage from Binance: live order book, 11 min ago; Hyperliquid: live order book, 10 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 Binance live order book, 11 min ago0.82 bp11.8 bp −$1225.3 bp −$253149.8 bp −$15.0Kdoesn't fit
Sell Hyperliquid live order book, 10 min ago0.99 bp11.0 bp −$11doesn'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−0.0211%8h0.06001−0.382%$320K$187Kas long as short
Coinbase International SEI-PERP-INTX−0.0032%1h0.06058+0.557%$43K$218K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06024−0.001%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06026+0.025%$10K$72K25xas long as short
Bybit SEIUSDT+0.0028%8h0.06019−0.091%$14.4M$36.3M50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0041% / S +0.0106%1h0.06024−0.014%$6K100xas long as short
Lighter SEI+0.0096%1h0.06027+0.042%$269K$1.2M10xas long as short
Hyperliquid SEIshort+0.0100%1h0.06031+0.112%$3.5M$5.5M5x
Aster SEIUSDT+0.0100%8h0.06025+0.003%$315K$349K20xas long as short
Binance SEIUSDTlong+0.0100%8h0.06024long leg$14.8M$130.5M75x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06023−0.024%$3.5M$40.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.06021−0.058%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06020−0.074%$35.0M$28.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06021−0.058%$6.5M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06031+0.108%$9.9M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.06022−0.041%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06026+0.025%$106K$623K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06005−0.331%$204K$2.0M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05990−0.572%$108K$669K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06024−0.008%$2K$57K20xas long as short
SunX SEI-USDT+0.0100%8h0.06038+0.225%$23K$4.2M30xas long as short
Extended SEI-USD+0.0104%1h0.06019−0.086%$76K$551K25xas long as short
BloFin SEI-USDT+0.0220%8h0.06040+0.258%$769K$1.3M75xas long as short
Injective SEI/USDC PERP+0.0267%1h0.06032+0.125%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0314%1h0.06028+0.065%$371K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06025+0.013%$11520xas long as short
dYdX SEI-USD+0.1083%1h0.06027+0.048%$103K$2K5xas long as short