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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0274%/8h= −30.0% APRpaid last 24h −0.066%
Price spread now: Bitget against Kraken Futures−0.053%48s7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.635% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.306%−$31 on $10k
Price spread, last 3 days (all we have)+0.005%$0 · spread now −0.053%, 7d avg −0.035%
Together, before fees−0.301%−$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SEIUSD0.059890.0374pay 0.0047% / 1h59m 26s$377K$1.6M50x
ShortBitget SEIUSDT0.059860.0100get 0.0100% / 8h5h 59m$9.5M$16.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Kraken Futures. 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
−$57.63
Price spread: −0.053% → −0.035%
−$1.85
Slippage, 4 orders
−$41.48
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$122.96
Costs to cover
0.635%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Bitget: live order book, 4 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 Kraken Futures live order book, 4 min ago5.85 bp20.4 bp −$2059.6 bp −$596doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago2.51 bp12.5 bp −$1321.3 bp −$21398.5 bp −$9,853doesn'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%1h0.05986−0.053%$23K100xas long as short
Variational Omni SEI−0.0118%8h0.05974−0.246%$319K$199Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05988−0.020%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05988−0.020%$10K$72K25xas long as short
Coinbase International SEI-PERP-INTX+0.0048%1h0.05977−0.204%$34K$207K50xas long as short
Lighter SEI+0.0096%1h0.05994+0.080%$272K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.05988−0.022%$3.4M$5.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.05993+0.065%$313K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.05990+0.016%$14.3M$128.0M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05980−0.154%$14.2M$35.7M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05981−0.137%$3.2M$39.6M50xas long as short
Gate SEI_USDT+0.0100%8h0.05989−0.003%$1.1M$3.3M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05986−0.053%$34.5M$27.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05988−0.020%$6.4M$14.4M75xas long as short
Bitget SEIUSDTshort+0.0100%8h0.05986−0.053%$9.5M$16.5M75x
BingX SEI-USDT+0.0100%8h0.05987−0.037%$31.2Mas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05976−0.220%$211K$1.7M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05980−0.154%$109K$663K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05988−0.020%$2K$97K20xas long as short
SunX SEI-USDT+0.0100%8h0.05997+0.130%$22K$4.4M30xas long as short
Extended SEI-USD+0.0104%1h0.05987−0.031%$77K$546K25xas long as short
Backpack SEI_USDC_PERP+0.0132%1h0.05990+0.013%$119K$568K10xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05984−0.079%$11420xas long as short
Kraken Futures PF_SEIUSDlong+0.0374%1h0.05989long leg$377K$1.6M50x
dYdX SEI-USD+0.0793%1h0.05990+0.010%$102K$2K5xas long as short
Injective SEI/USDC PERP+0.0844%1h0.05978−0.187%$9K$43K12xas long as short