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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.101%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$440.441% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 7 days−0.124%−$12 · spread now +0.101%, 7d avg −0.004%
Together, before fees−0.237%+ Points / potential airdropLighter: Season 3 · farm board−$24 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: Bitget is 0.105% dearer against Lighter than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SEI0.059390.0096pay 0.0012% / 1h1m 30s$269K$1.2M10x
ShortBitget SEIUSDT0.059450.0100get 0.0100% / 8h3h 01m$9.8M$16.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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
$0.84
Price spread: +0.101% → −0.004%
$10.51
Slippage, 4 orders
−$32.09
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$32.75
Costs to cover
0.441%
Break-even
279.9 days
Slippage from Lighter: live order book, 4 min ago; Bitget: live order book, 2 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 Lighter live order book, 4 min ago3.34 bp10.6 bp −$1131.5 bp −$315doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago0.84 bp16.2 bp −$1634.9 bp −$349128.3 bp −$12.8Kdoesn'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
Variational Omni SEI−0.0202%8h0.05988+0.833%$323K$185Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05932−0.118%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05938−0.017%$375$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0047% / S +0.0050%1h0.05932−0.114%$6K100xas long as short
Bybit SEIUSDT+0.0060%8h0.05950+0.185%$14.2M$34.5M50xas long as short
Lighter SEIlong+0.0096%1h0.05939long leg$269K$1.2M10x
Hyperliquid SEI+0.0100%1h0.05937−0.032%$3.4M$5.1M5xas long as short
Aster SEIUSDT+0.0100%8h0.05951+0.197%$311K$333K20xas long as short
Binance SEIUSDT+0.0100%8h0.05954+0.254%$14.6M$128.0M75xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05949+0.168%$3.4M$37.7M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05940+0.017%$1.1M$3.2M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05944+0.084%$34.2M$29.0M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05942+0.051%$6.4M$14.5M75xas long as short
Bitget SEIUSDTshort+0.0100%8h0.05945+0.101%$9.8M$16.6M75x
BingX SEI-USDT+0.0100%8h0.05941+0.034%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05937−0.034%$103K$629K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05979+0.674%$204K$2.2M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05960+0.354%$101K$669K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05933−0.101%$2K$70K20xas long as short
SunX SEI-USDT+0.0100%8h0.05937−0.034%$23K$4.1M30xas long as short
Extended SEI-USD+0.0104%1h0.05945+0.108%$77K$552K25xas long as short
Coinbase International SEI-PERP-INTX+0.0200%1h0.05960+0.354%$42K$224K50xas long as short
BloFin SEI-USDT+0.0220%8h0.05942+0.051%$748K$1.3M75xas long as short
Kraken Futures PF_SEIUSD+0.0261%1h0.05933−0.093%$364K$1.6M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05933−0.105%$11320xas long as short
Injective SEI/USDC PERP+0.0510%1h0.05980+0.690%$9K$43K12xas long as short
dYdX SEI-USD+0.1264%1h0.05938−0.018%$101K$2K5xas long as short