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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: SunX against BloFin0.000%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$810.805% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.070%−$7 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now 0.000%, 7d avg +0.083%
Together, before fees−0.049%−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.083% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.083%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SEI-USDT0.060900.0220pay 0.0220% / 8h4h 15m$769K$1.3M75x
ShortSunX SEI-USDT0.060900.0100get 0.0100% / 8h4h 15m$23K$4.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$25.2
Price spread: 0.000% → +0.083%
−$8.3
Slippage, 4 orders
−$60.53
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$114.03
Costs to cover
0.805%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; SunX: live order book, 3 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, 2 min ago2.46 bp13.4 bp −$1319.7 bp −$19757.3 bp −$5,731doesn't fit
Sell SunX live order book, 3 min ago14.81 bp29.4 bp −$29doesn'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−0.0209%8h0.06074−0.256%$324K$187Kas long as short
Coinbase International SEI-PERP-INTX−0.0032%1h0.06149+0.969%$43K$221K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06083−0.115%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06083−0.115%$10K$72K25xas long as short
Bybit SEIUSDT+0.0038%8h0.06078−0.197%$14.6M$36.3M50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0041% / S +0.0105%1h0.06087−0.051%$6K100xas long as short
Lighter SEI+0.0096%1h0.06085−0.082%$277K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06094+0.067%$3.5M$5.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.06092+0.026%$319K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.06083−0.109%$15.1M$130.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06076−0.230%$3.5M$40.3M50xas long as short
Gate SEI_USDT+0.0100%8h0.06088−0.033%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06083−0.115%$35.5M$28.7M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06085−0.082%$6.6M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06082−0.131%$10.0M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.06082−0.131%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06081−0.148%$108K$616K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06087−0.042%$206K$1.9M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.060900.000%$110K$667K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06081−0.148%$2K$70K20xas long as short
SunX SEI-USDTshort+0.0100%8h0.060900.000%$23K$4.2M30x
Extended SEI-USD+0.0104%1h0.06081−0.154%$77K$548K25xas long as short
BloFin SEI-USDTlong+0.0220%8h0.06090long leg$769K$1.3M75x
Injective SEI/USDC PERP+0.0267%1h0.06080−0.164%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0311%1h0.06082−0.127%$378K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06084−0.098%$11620xas long as short
dYdX SEI-USD+0.0957%1h0.06082−0.125%$104K$2K5xas long as short