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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0874%/8h= −95.7% APRpaid last 24h +0.069%
Price spread now: SunX against Injective−0.471%61s7-day average · you buy dearer than you sell
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+2.000%+$200 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and SunX is 0.471% cheaper against Injective than usual: you would sell low and buy high (−$47 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.000%, so the current rate has only just turned against you. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SEI/USDC PERP0.059420.0974pay 0.0122% / 1h33m 27s$9K$43K12x
ShortSunX SEI-USDT0.059140.0100get 0.0100% / 8h7h 33m$22K$4.5M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$183.46
Price spread: −0.471% → 0.000%
−$47.12
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee SunX: 4 bp × 2 orders
−$8
Net
−$238.6
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; SunX: live order book, 5 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 SunX live order book, 5 min ago501.52 bpdoesn't fitdoesn't fitdoesn'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%1h0.05907−0.594%$23K100xas long as short
Variational Omni SEI−0.0105%8h0.05908−0.579%$316K$215Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05908−0.574%150xas long as short
Lighter SEI+0.0096%1h0.05918−0.404%$269K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05911−0.522%$1K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.05919−0.394%$3.4M$6.4M5xas long as short
Aster SEIUSDT+0.0100%8h0.05914−0.473%$310K$349K20xas long as short
Binance SEIUSDT+0.0100%8h0.05911−0.522%$14.3M$127.3M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05903−0.656%$13.9M$35.8M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05904−0.640%$3.1M$39.4M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05911−0.522%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05914−0.471%$33.1M$27.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05916−0.438%$6.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05914−0.471%$9.3M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.05909−0.555%$33.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05907−0.589%$116K$559K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05914−0.479%$207K$1.6M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05920−0.370%$108K$671K50xas long as short
SunX SEI-USDTshort+0.0100%8h0.05914−0.471%$22K$4.5M30x
Extended SEI-USD+0.0104%1h0.05908−0.567%$75K$575K25xas long as short
Coinbase International SEI-PERP-INTX+0.0144%1h0.05904−0.640%$34K$204K50xas long as short
Kraken Futures PF_SEIUSD+0.0180%1h0.05907−0.596%$364K$1.6M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05906−0.606%$719K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05910−0.537%$11320xas long as short
Deribit SEI_USDC-PERPETUAL+0.0597%1h0.05909−0.555%$10K$72K25xas long as short
Injective SEI/USDC PERPlong+0.0974%1h0.05942long leg$9K$43K12x
dYdX SEI-USD+0.1216%1h0.05914−0.479%$101K$2K5xas long as short