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+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.042%
Price spread now: ApeX Omni against Coinbase International+0.507%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$144as in the Price arb table
costs, in and out, $10k−$1901.904% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.588%+$59 on $10k
Price spread, last 4 days (all we have)−0.465%−$47 · spread now +0.507%, 7d avg +0.044%
Together, before fees+0.123%+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and ApeX Omni is 0.462% dearer against Coinbase International than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of +0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SEI-PERP-INTX0.06119−0.0048get 0.0006% / 1h52m 47s$69K$269K50x
ShortApeX Omni SEIUSDT0.061500.0100get 0.0013% / 1h52m 47s$90K$672K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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
$31.08
Price spread: +0.507% → +0.044%
$46.22
Slippage, 4 orders
−$170.43
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$113.14
Costs to cover
1.904%
Break-even
32.5 days
Slippage from Coinbase International: live order book, 58 min ago; ApeX Omni: live order book, 58 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 Coinbase International live order book, 58 min ago7.31 bp62.3 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 58 min ago16.31 bp29.5 bp −$30147.1 bp −$1,471doesn'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+0.212%$9K$37K12xas long as short
Variational Omni SEI−0.0141%8h0.06140+0.350%$321K$172Kas long as short
Coinbase International SEI-PERP-INTXlong−0.0048%1h0.06119long leg$69K$269K50x
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.06149+0.489%$8K150xas long as short
Lighter SEI+0.0096%1h0.06143+0.392%$273K$981K10xas long as short
Aster SEIUSDT+0.0100%8h0.06144+0.413%$339K$323K20xas long as short
Binance SEIUSDT+0.0100%8h0.06139+0.332%$15.0M$118.3M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06133+0.229%$14.7M$33.7M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06137+0.294%$3.5M$35.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.06141+0.360%$1.1M$2.7M75xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.06138+0.311%$22.5M$30.1M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06140+0.343%$6.8M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06140+0.343%$9.6M$17.4M75xas long as short
BingX SEI-USDT+0.0100%8h0.06140+0.343%$16.9Mas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06146+0.440%$208K$3.0M10xas long as short
ApeX Omni SEIUSDTshort+0.0100%1h0.06150+0.507%$90K$672K50x
Orderly PERP_SEI_USDC+0.0100%8h0.06150+0.507%$2K$302K20xas long as short
SunX SEI-USDT+0.0100%8h0.06155+0.588%$23K$3.2M30xas long as short
Extended SEI-USD+0.0104%1h0.06141+0.359%$72K$418K25xas long as short
Backpack SEI_USDC_PERP+0.0159%1h0.06152+0.539%$111K$714K10xas long as short
Kraken Futures PF_SEIUSD+0.0163%1h0.06154+0.574%$374K$1.8M50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0215% / S −0.0631%1h0.06145+0.427%$3K100xas long as short
BloFin SEI-USDT+0.0220%8h0.06151+0.523%$753K$1.6M75xas long as short
Deribit SEI_USDC-PERPETUAL+0.0238%1h0.06155+0.588%$10K$72K25xas long as short
Hyperliquid SEI+0.0260%1h0.06147+0.451%$4.0M$4.2M5xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06146+0.433%$11720xas long as short
dYdX SEI-USD+0.1161%1h0.06141+0.363%$105K$2K5xas long as short