SEI

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.444%

7d average—if it closes, per $10,000$44funding while held, a day−$19.39

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective SEI/USDC PERP	0.05856	0.0746	pay 0.0093% / 1h	13m 38s	$35K	$91K	12x
Short	Bybit SEIUSDT	0.05830	0.0100	get 0.0100% / 8h	13m 38s	$13.5M	$38.4M	50x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee InjectivebpFee BybitbpOrdersClose when spread is

Spread captured: −$44.4
Funding while held: −$19.39
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$74.81
Spread needed to break even: 0.110%

Slippage unknown: Injective: no order-book sample; Bybit: live order book, 2 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0646%
Per $10,000 a day: −$19.39
Average in range /8h: —

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Bybit live order book, 2 min ago	1.71 bp	12.0 bp −$12	30.6 bp −$306	doesn't fit	doesn'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 26 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Coinbase International SEI-PERP-INTX	−1.520%	−0.0584%	1h	$31K	$261K	50x	as long as short
Variational Omni SEI	−0.640%	+0.0100%	8h	$305K	$256K	—	as long as short
Bybit SEIUSDTshort	−0.444%	+0.0100%	8h	$13.5M	$38.4M	50x
MEXC SEI_USDT	−0.427%	+0.0100%	8h	$26.5M	$27.8M	300x	as long as short
Binance SEIUSDT	−0.422%	+0.0100%	8h	$13.9M	$130.1M	75x	as long as short
Bitget SEIUSDT	−0.410%	+0.0100%	8h	$9.2M	$18.3M	75x	as long as short
Extended SEI-USD	−0.402%	+0.0104%	1h	$75K	$484K	25x	as long as short
OKX SEI-USDT-SWAP	−0.393%	+0.0100%	4h	$3.1M	$39.5M	50x	as long as short
BingX SEI-USDT	−0.393%	+0.0100%	8h	—	$26.3M	—	as long as short
Deribit SEI_USDC-PERPETUAL	−0.393%	−0.0264%	1h	$29K	$50K	25x	as long as short

Show all 26 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
dYdX SEI-USD	−0.387%	+0.0654%	1h	$100K	$2K	5x	as long as short
Lighter SEI	−0.376%	+0.0096%	1h	$269K	$1.4M	10x	as long as short
Gate SEI_USDT	−0.376%	+0.0100%	8h	$1.1M	$3.8M	75x	as long as short
Backpack SEI_USDC_PERP	−0.359%	+0.0100%	1h	$122K	$573K	10x	as long as short
Orderly PERP_SEI_USDC	−0.359%	+0.0097%	8h	$1K	$112K	20x	as long as short
Kraken Futures PF_SEIUSD	−0.358%	+0.0490%	1h	$395K	$1.8M	50x	as long as short
KuCoin SEIUSDTM	−0.342%	+0.0100%	8h	$6.8M	$14.6M	75x	as long as short
SunX SEI-USDT	−0.342%	+0.0100%	8h	$22K	$5.2M	30x	as long as short
Hyperliquid SEI	−0.335%	+0.0100%	1h	$3.4M	$7.6M	5x	as long as short
GMX SEI/USD [ETH-USDC]	−0.330%	L +0.0078% / S +0.0221%	1h	$22K	—	100x	as long as short
gTrade (Gains Network) SEI/USD	−0.294%	L −0.0005% / S +0.0006%	1h	$22K	—	150x	as long as short
Aster SEIUSDT	−0.285%	+0.0100%	8h	$303K	$626K	20x	as long as short
ApeX Omni SEIUSDT	−0.273%	+0.0100%	1h	$103K	$679K	50x	as long as short
Reya SEIRUSDPERP	−0.257%	+0.0346%	1h	$111	—	20x	as long as short
BloFin SEI-USDT	−0.239%	+0.0220%	8h	$765K	$1.4M	75x	as long as short
Injective SEI/USDC PERPlong	0.000%	+0.0746%	1h	$35K	$91K	12x

SEI