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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.2086%/8h= −228.4% APRpaid last 24h −0.442%
Price spread now: Bitget against dYdX−0.062%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$509as in the Funding arb table
Net, price: spread back to 7d avg − costs−$357as in the Price arb table
costs, in and out, $10k−$3513.506% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.585%−$159 on $10k
Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.062%, 7d avg 0.000%
Together, before fees−1.615%−$161 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$63 a day on $10k at the current rate, and Bitget is 0.063% cheaper against dYdX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX SEI-USD0.059460.2186pay 0.0273% / 1h22m 12s$101K$2K5x
ShortBitget SEIUSDT0.059420.0100get 0.0100% / 8h2h 22m$9.3M$17.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against dYdX. 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
−$438.11
Price spread: −0.062% → 0.000%
−$6.27
Slippage, 4 orders
−$328.6
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$794.98
Costs to cover
3.506%
Break-even
never at this rate
Slippage from dYdX: live order book, 2 min ago; Bitget: live order book, 1 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 dYdX live order book, 2 min ago149.97 bp155.0 bp −$155155.0 bp −$1,550162.2 bp −$16.2K591.3 bp −$295.7K
Sell Bitget live order book, 1 min ago0.84 bp11.1 bp −$1116.8 bp −$16883.5 bp −$8,352doesn'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
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05947+0.024%$23K100xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05960+0.240%$33K$210K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05946+0.010%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05949+0.055%$20K$62K25xas long as short
Variational Omni SEI+0.0030%8h0.05945−0.015%$315K$240Kas long as short
Lighter SEI+0.0096%1h0.05946+0.005%$268K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0098%8h0.05947+0.022%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05952+0.108%$3.5M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05947+0.021%$311K$371K20xas long as short
Binance SEIUSDT+0.0100%8h0.05945−0.014%$13.9M$128.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05938−0.130%$14.0M$36.5M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05940−0.096%$3.0M$40.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.05945−0.012%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05943−0.045%$29.5M$26.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05947+0.022%$7.1M$14.2M75xas long as short
Bitget SEIUSDTshort+0.0100%8h0.05942−0.062%$9.3M$17.2M75x
BingX SEI-USDT+0.0100%8h0.05941−0.079%$33.0Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05946+0.005%$119K$564K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05942−0.054%$211K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05930−0.264%$108K$670K50xas long as short
SunX SEI-USDT+0.0100%8h0.05955+0.156%$22K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05947+0.018%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05945−0.018%$377K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05949+0.055%$711K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05948+0.035%$11420xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05977+0.526%$9K$42K12xas long as short
dYdX SEI-USDlong+0.2186%1h0.05946long leg$101K$2K5x