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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1053%/8h= −115.3% APRnext payment $1.32 per $10,000 · paid last 24h +0.097%
Price spread now: ApeX Omni against Injective+0.203%108s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+2.094%+$209 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.203% dearer against Injective than usual: you sell high and buy low (spread +0.203% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 15 hours. Mind the row above: over the last 7 days funding on this pair paid +2.094%, so the current rate has only just turned against you. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SEI/USDC PERP0.059180.1153pay 0.0144% / 1h23m 29s$8K$43K12x
ShortApeX Omni SEIUSDT0.059300.0100get 0.0013% / 1h23m 29s$108K$674K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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
−$221.18
Price spread: +0.203% → 0.000%
$20.28
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$210.92
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 55 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell ApeX Omni live order book, 55 min ago25.53 bp40.4 bp −$40152.2 bp −$1,522doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h0.05927+0.157%$23K100xas long as short
Variational Omni SEI−0.0049%8h0.05934+0.267%$318K$222Kas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05927+0.151%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL+0.0087%1h0.05933+0.253%$20K$62K25xas long as short
Lighter SEI+0.0096%1h0.05926+0.135%$265K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05928+0.169%$1K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05932+0.238%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05927+0.157%$310K$363K20xas long as short
Binance SEIUSDT+0.0100%8h0.05927+0.154%$14.1M$126.5M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05921+0.051%$14.0M$36.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05924+0.101%$3.1M$39.9M50xas long as short
Gate SEI_USDT+0.0100%8h0.05925+0.118%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05927+0.152%$35.0M$26.2M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05928+0.169%$6.2M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05927+0.152%$9.3M$16.9M75xas long as short
BingX SEI-USDT+0.0100%8h0.05926+0.135%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05929+0.186%$117K$565K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05954+0.608%$203K$1.5M10xas long as short
ApeX Omni SEIUSDTshort+0.0100%1h0.05930+0.203%$108K$674K50x
SunX SEI-USDT+0.0100%8h0.05938+0.338%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05924+0.107%$75K$476K25xas long as short
BloFin SEI-USDT+0.0220%8h0.05931+0.220%$712K$1.2M75xas long as short
Kraken Futures PF_SEIUSD+0.0323%1h0.05930+0.210%$368K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0328%1h0.05923+0.084%$33K$207K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05926+0.133%$11320xas long as short
Injective SEI/USDC PERPlong+0.1153%1h0.05918long leg$8K$43K12x
dYdX SEI-USD+0.2095%1h0.05926+0.129%$101K$2K5xas long as short