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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h −0.076%
Price spread now: Coinbase International against BloFin−0.374%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1611.612% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.609%−$61 on $10k
Price spread, last 4 days (all we have)+0.322%+$32 · spread now −0.374%, 7d avg −0.073%
Together, before fees−0.287%−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Coinbase International is 0.301% cheaper against BloFin than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SEI-USDT0.061420.0220pay 0.0220% / 8h5h 54m$752K$1.6M75x
ShortCoinbase International SEI-PERP-INTX0.06119−0.0048pay 0.0006% / 1h54m 32s$69K$269K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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
−$56.28
Price spread: −0.374% → −0.073%
−$30.14
Slippage, 4 orders
−$139.17
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$247.59
Costs to cover
1.612%
Break-even
never at this rate
Slippage from BloFin: live order book, 1 min ago; Coinbase International: live order book, 56 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 BloFin live order book, 1 min ago2.44 bp15.3 bp −$1525.2 bp −$25280.3 bp −$8,032doesn't fit
Sell Coinbase International live order book, 56 min ago7.31 bp71.0 bp −$71doesn't fitdoesn't fitdoesn't fit

SEI on 27 exchanges

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−0.0469%1h0.06132−0.163%$9K$37K12xas long as short
Variational Omni SEI−0.0141%8h0.06140−0.025%$321K$172Kas long as short
Coinbase International SEI-PERP-INTXshort−0.0048%1h0.06119−0.374%$69K$269K50x
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.06140−0.034%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06147+0.081%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.06143+0.016%$273K$981K10xas long as short
Aster SEIUSDT+0.0100%8h0.06149+0.118%$339K$323K20xas long as short
Binance SEIUSDT+0.0100%8h0.06145+0.049%$15.0M$118.3M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06138−0.065%$14.7M$33.7M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06144+0.033%$3.5M$35.0M50xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06145+0.049%$1.1M$2.7M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06145+0.049%$22.6M$30.1M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06144+0.033%$6.8M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06144+0.033%$9.6M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.06145+0.049%$16.9Mas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06128−0.228%$215K$3.0M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06130−0.195%$90K$672K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06145+0.049%$2K$302K20xas long as short
SunX SEI-USDT+0.0100%8h0.06157+0.244%$23K$3.2M30xas long as short
Extended SEI-USD+0.0104%1h0.06143+0.016%$72K$418K25xas long as short
Kraken Futures PF_SEIUSD+0.0163%1h0.06146+0.067%$375K$1.8M50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0215% / S −0.0631%1h0.06144+0.026%$3K100xas long as short
BloFin SEI-USDTlong+0.0220%8h0.06142long leg$752K$1.6M75x
Backpack SEI_USDC_PERP+0.0227%1h0.06148+0.098%$110K$714K10xas long as short
Hyperliquid SEI+0.0282%1h0.06151+0.151%$4.1M$4.2M5xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06143+0.016%$11720xas long as short
dYdX SEI-USD+0.1285%1h0.06140−0.039%$105K$2K5xas long as short