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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%
Price spread now: Hyperliquid against Gate+0.037%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$610.607% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.118%+$12 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.037%, 7d avg +0.033%
Together, before fees+0.119%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SEI_USDT0.059270.0100pay 0.0100% / 8h6h 30m$1.1M$3.4M75x
ShortHyperliquid SEI0.059290.0100get 0.0013% / 1h30m 37s$3.4M$6.3M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.037% → +0.033%
$0.41
Slippage, 4 orders
−$36.66
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$60.25
Costs to cover
0.607%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Hyperliquid: 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 Gate live order book, 2 min ago5.06 bp15.5 bp −$1553.3 bp −$533doesn't fitdoesn't fit
Sell Hyperliquid live order book, 1 min ago0.08 bp10.6 bp −$11doesn't fitdoesn'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%1h0.05930+0.042%$23K100xas long as short
Variational Omni SEI−0.0126%8h0.05933+0.094%$317K$208Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05931+0.067%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05932+0.084%$10K$72K25xas long as short
Coinbase International SEI-PERP-INTX+0.0048%1h0.05950+0.388%$34K$206K50xas long as short
Lighter SEI+0.0096%1h0.05928+0.017%$269K$1.2M10xas long as short
Hyperliquid SEIshort+0.0100%1h0.05929+0.037%$3.4M$6.3M5x
Aster SEIUSDT+0.0100%8h0.05925−0.038%$310K$355K20xas long as short
Binance SEIUSDT+0.0100%8h0.05936+0.153%$14.2M$129.4M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05934+0.118%$14.0M$36.2M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05936+0.152%$3.2M$39.9M50xas long as short
Gate SEI_USDTlong+0.0100%8h0.05927long leg$1.1M$3.4M75x
MEXC SEI_USDT+0.0100%8h0.05930+0.051%$34.5M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05924−0.051%$6.3M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05936+0.152%$9.4M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05930+0.051%$31.6Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05933+0.101%$118K$571K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05928+0.017%$210K$1.6M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940+0.219%$108K$674K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05933+0.101%$2K$103K20xas long as short
SunX SEI-USDT+0.0100%8h0.05938+0.186%$22K$4.4M30xas long as short
Extended SEI-USD+0.0104%1h0.05933+0.101%$75K$540K25xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05935+0.141%$11320xas long as short
Kraken Futures PF_SEIUSD+0.0378%1h0.05930+0.053%$370K$1.6M50xas long as short
dYdX SEI-USD+0.0538%1h0.05924−0.050%$101K$2K5xas long as short
Injective SEI/USDC PERP+0.0844%1h0.05950+0.388%$9K$43K12xas long as short