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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.036%
Price spread now: SunX against Hyperliquid+0.133%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$650.648% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.104%−$10 on $10k
Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.133%, 7d avg +0.073%
Together, before fees−0.176%+ Points / potential airdropHyperliquid: Season 2 · farm board−$18 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: SunX is 0.060% dearer against Hyperliquid than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SEI0.059580.0100pay 0.0013% / 1h52m 31s$3.4M$6.5M5x
ShortSunX SEI-USDT0.059660.0100get 0.0100% / 8h52m 31s$22K$4.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Hyperliquid. 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: +0.133% → +0.073%
$6
Slippage, 4 orders
−$47.83
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$58.82
Costs to cover
0.648%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; SunX: live order book, 6 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 Hyperliquid live order book, 10 min ago3.57 bp9.9 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 6 min ago15.19 bp20.9 bp −$21doesn't fitdoesn'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%1h0.05956−0.027%$23K100xas long as short
Variational Omni SEI−0.0010%8h0.05930−0.477%$316K$222Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05957−0.020%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05960+0.032%$20K$62K25xas long as short
Lighter SEI+0.0096%1h0.05956−0.035%$266K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05958−0.002%$1K$111K20xas long as short
Hyperliquid SEIlong+0.0100%1h0.05958long leg$3.4M$6.5M5x
Aster SEIUSDT+0.0100%8h0.05957−0.026%$311K$368K20xas long as short
Binance SEIUSDT+0.0100%8h0.05954−0.075%$13.9M$125.8M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05946−0.203%$14.0M$36.1M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05949−0.153%$3.1M$40.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.05952−0.102%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05952−0.102%$29.2M$25.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05953−0.086%$6.3M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05951−0.119%$9.4M$17.0M75xas long as short
BingX SEI-USDT+0.0100%8h0.05952−0.102%$33.2Mas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05947−0.187%$203K$1.5M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05920−0.639%$108K$668K50xas long as short
SunX SEI-USDTshort+0.0100%8h0.05966+0.133%$22K$4.6M30x
Extended SEI-USD+0.0104%1h0.05951−0.118%$75K$476K25xas long as short
Backpack SEI_USDC_PERP+0.0218%1h0.05957−0.018%$119K$563K10xas long as short
BloFin SEI-USDT+0.0220%8h0.05957−0.018%$697K$1.2M75xas long as short
Kraken Futures PF_SEIUSD+0.0322%1h0.05958−0.006%$372K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0328%1h0.05920−0.639%$33K$208K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05950−0.141%$11420xas long as short
Injective SEI/USDC PERP+0.1153%1h0.05944−0.237%$9K$42K12xas long as short
dYdX SEI-USD+0.3081%1h0.05953−0.084%$102K$2K5xas long as short