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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0157%/8h= +17.2% APRpaid last 24h +0.063%
Price spread now: Kraken Futures against BingX+0.024%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.626% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.257%+$26 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.024%, 7d avg +0.038%
Together, before fees+0.301%+$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SEI-USDT0.060270.0100pay 0.0100% / 8h3h 26m$31.4M
ShortKraken Futures PF_SEIUSD0.060280.0257get 0.0032% / 1h26m 50s$373K$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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
$32.91
Price spread: +0.024% → +0.038%
−$1.47
Slippage, 4 orders
−$42.56
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$31.12
Costs to cover
0.626%
Break-even
13.6 days
Slippage from BingX: live order book, 12 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 BingX live order book, 12 min ago2.50 bp11.8 bp −$1223.0 bp −$23083.2 bp −$8,315387.0 bp −$193.5K
Sell Kraken Futures live order book, 2 min ago7.46 bp15.1 bp −$1552.1 bp −$521doesn'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−0.0203%8h0.06034+0.124%$321K$186Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06030+0.055%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06030+0.050%$381$82K25xas long as short
Bybit SEIUSDT+0.0042%8h0.06019−0.133%$14.4M$36.2M50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0045% / S +0.0073%1h0.06031+0.068%$6K100xas long as short
Lighter SEI+0.0096%1h0.06031+0.066%$268K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06033+0.108%$3.5M$5.3M5xas long as short
Aster SEIUSDT+0.0100%8h0.06031+0.067%$315K$349K20xas long as short
Binance SEIUSDT+0.0100%8h0.06026−0.011%$14.8M$129.8M75xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06021−0.100%$3.4M$39.5M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06029+0.033%$1.1M$3.1M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06030+0.050%$35.2M$28.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06033+0.100%$6.5M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.060270.000%$10.0M$16.8M75xas long as short
BingX SEI-USDTlong+0.0100%8h0.06027long leg$31.4M
Backpack SEI_USDC_PERP+0.0100%1h0.06032+0.083%$108K$631K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06025−0.029%$209K$2.1M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06040+0.216%$103K$668K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06030+0.050%$2K$56K20xas long as short
SunX SEI-USDT+0.0100%8h0.06038+0.183%$23K$4.2M30xas long as short
Extended SEI-USD+0.0104%1h0.06029+0.037%$77K$547K25xas long as short
Coinbase International SEI-PERP-INTX+0.0200%1h0.06040+0.216%$44K$221K50xas long as short
BloFin SEI-USDT+0.0220%8h0.06034+0.116%$754K$1.3M75xas long as short
Kraken Futures PF_SEIUSDshort+0.0257%1h0.06028+0.024%$373K$1.5M50x
Reya SEIRUSDPERP+0.0346%1h0.06031+0.064%$11520xas long as short
Injective SEI/USDC PERP+0.0510%1h0.06037+0.166%$9K$43K12xas long as short
dYdX SEI-USD+0.1510%1h0.06025−0.026%$103K$2K5xas long as short