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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit0.000%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$660.658% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.035%−$4 · spread now 0.000%, 7d avg +0.040%
Together, before fees−0.048%−$5 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: Gate is 0.040% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SEIUSDT0.059430.0100pay 0.0100% / 8h6h 22m$14.0M$36.0M50x
ShortGate SEI_USDT0.059430.0100get 0.0100% / 8h6h 22m$1.1M$3.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: 0.000% → +0.040%
−$3.99
Slippage, 4 orders
−$39.76
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$69.76
Costs to cover
0.658%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 5 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 Bybit live order book, 1 min ago0.84 bp13.1 bp −$1332.2 bp −$322doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago5.05 bp23.1 bp −$2354.2 bp −$542doesn't fitdoesn't fit

SEI on 26 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
GMX SEI/USD [ETH-USDC]L −0.0815% / S +0.0444%1h0.05942−0.024%$23K100xas long as short
Variational Omni SEI−0.0124%8h0.05942−0.025%$318K$208Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05942−0.017%150xas long as short
Coinbase International SEI-PERP-INTX+0.0048%1h0.05933−0.168%$34K$205K50xas long as short
Lighter SEI+0.0096%1h0.05951+0.135%$270K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.05952+0.145%$3.4M$6.1M5xas long as short
Aster SEIUSDT+0.0100%8h0.05946+0.056%$311K$355K20xas long as short
Binance SEIUSDT+0.0100%8h0.05949+0.098%$14.2M$129.0M75xas long as short
Bybit SEIUSDTlong+0.0100%8h0.05943long leg$14.0M$36.0M50x
OKX SEI-USDT-SWAP+0.0100%4h0.05947+0.067%$3.2M$39.9M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDTshort+0.0100%8h0.059430.000%$1.1M$3.4M75x
MEXC SEI_USDT+0.0100%8h0.05948+0.084%$34.6M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05948+0.084%$6.3M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05950+0.118%$9.4M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.05945+0.034%$31.5Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05948+0.084%$119K$570K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05944+0.024%$201K$1.7M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05950+0.118%$108K$669K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05944+0.017%$2K$97K20xas long as short
SunX SEI-USDT+0.0100%8h0.05949+0.101%$23K$4.4M30xas long as short
Extended SEI-USD+0.0104%1h0.05949+0.100%$79K$546K25xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05943+0.005%$11320xas long as short
Kraken Futures PF_SEIUSD+0.0377%1h0.05946+0.050%$378K$1.6M50xas long as short
Deribit SEI_USDC-PERPETUAL+0.0591%1h0.05947+0.067%$10K$72K25xas long as short
dYdX SEI-USD+0.0596%1h0.05939−0.060%$101K$2K5xas long as short
Injective SEI/USDC PERP+0.0844%1h0.05949+0.101%$9K$43K12xas long as short