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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate−0.084%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$700.701% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.084%, 7d avg −0.035%
Together, before fees+0.243%+$24 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: Bybit is 0.050% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SEI_USDT0.059320.0100pay 0.0100% / 8h2h 31m$1.1M$3.6M75x
ShortBybit SEIUSDT0.059270.0100get 0.0100% / 8h2h 31m$13.9M$36.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: −0.084% → −0.035%
−$4.95
Slippage, 4 orders
−$44.06
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$75.02
Costs to cover
0.701%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 2 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 Gate live order book, 1 min ago5.91 bp23.4 bp −$2359.6 bp −$596doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.84 bp15.3 bp −$1533.8 bp −$338doesn'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
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05931−0.019%$23K100xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05960+0.472%$33K$210K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05931−0.011%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05929−0.051%$20K$62K25xas long as short
Variational Omni SEI+0.0036%8h0.05924−0.130%$315K$240Kas long as short
Lighter SEI+0.0096%1h0.05935+0.051%$267K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0098%8h0.05928−0.067%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05940+0.128%$3.4M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05935+0.050%$311K$371K20xas long as short
Binance SEIUSDT+0.0100%8h0.05934+0.036%$13.8M$128.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDTshort+0.0100%8h0.05927−0.084%$13.9M$36.5M50x
OKX SEI-USDT-SWAP+0.0100%4h0.05931−0.017%$3.0M$40.3M50xas long as short
Gate SEI_USDTlong+0.0100%8h0.05932long leg$1.1M$3.6M75x
MEXC SEI_USDT+0.0100%8h0.05933+0.017%$29.6M$26.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05934+0.034%$7.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.059320.000%$9.3M$17.2M75xas long as short
BingX SEI-USDT+0.0100%8h0.059320.000%$32.9Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05929−0.051%$118K$564K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05938+0.101%$200K$1.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940+0.135%$108K$669K50xas long as short
SunX SEI-USDT+0.0100%8h0.05942+0.169%$22K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05934+0.040%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05928−0.063%$376K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05936+0.067%$715K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05932+0.004%$11320xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05969+0.624%$9K$42K12xas long as short
dYdX SEI-USD+0.2003%1h0.05929−0.046%$101K$2K5xas long as short