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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0800%/8h= −87.6% APRnext payment $1.00 per $10,000 · paid last 24h −0.548%
Price spread now: Coinbase International against dYdX−0.068%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$497as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2722.718% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−2.249%−$225 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.068%, 7d avg −0.042%
Together, before fees−2.220%−$222 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Coinbase International is 0.026% cheaper against dYdX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX SEI-USD0.061230.0856pay 0.0107% / 1h0m 44s$104K$2K5x
ShortCoinbase International SEI-PERP-INTX0.061190.0056get 0.0007% / 1h0m 44s$69K$269K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$168.06
Price spread: −0.068% → −0.042%
−$2.65
Slippage, 4 orders
−$251.83
Fee dYdX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$442.54
Costs to cover
2.718%
Break-even
never at this rate
Slippage from dYdX: live order book, 51 min ago; Coinbase International: live order book, 50 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, 51 min ago42.08 bp61.7 bp −$62158.8 bp −$1,588199.3 bp −$19.9K379.6 bp −$189.8K
Sell Coinbase International live order book, 50 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
Variational Omni SEI−0.0145%8h0.06130+0.113%$320K$173Kas long as short
Injective SEI/USDC PERP−0.0137%1h0.06132+0.144%$9K$40K12xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.06124+0.014%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06126+0.046%$10K$72K25xas long as short
Coinbase International SEI-PERP-INTXshort+0.0056%1h0.06119−0.068%$69K$269K50x
Lighter SEI+0.0096%1h0.06135+0.193%$272K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.06142+0.308%$4.1M$4.3M5xas long as short
Aster SEIUSDT+0.0100%8h0.06137+0.221%$338K$323K20xas long as short
Binance SEIUSDT+0.0100%8h0.06133+0.164%$15.0M$118.4M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06131+0.128%$14.7M$33.7M50xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06131+0.128%$3.5M$35.1M50xas long as short
Gate SEI_USDT+0.0100%8h0.06129+0.095%$1.1M$3.0M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06131+0.128%$22.6M$30.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06131+0.128%$6.7M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06134+0.177%$9.6M$17.1M75xas long as short
BingX SEI-USDT+0.0100%8h0.06131+0.128%$16.9Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06128+0.079%$111K$711K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06122−0.015%$215K$3.0M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06130+0.112%$90K$674K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06125+0.030%$2K$302K20xas long as short
SunX SEI-USDT+0.0100%8h0.06135+0.193%$23K$3.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06128+0.087%$72K$418K25xas long as short
Kraken Futures PF_SEIUSD+0.0168%1h0.06127+0.062%$374K$1.8M50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0215% / S −0.0631%1h0.06124+0.010%$3K100xas long as short
BloFin SEI-USDT+0.0220%8h0.06122−0.019%$749K$1.6M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06122−0.019%$11720xas long as short
dYdX SEI-USDlong+0.0856%1h0.06123long leg$104K$2K5x