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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.067%
Price spread now: Coinbase International against MEXC+1.469%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs+$28as in the Price arb table
costs, in and out, $10k−$1241.235% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.407%−$41 on $10k
Price spread, last 4 days (all we have)−1.500%−$150 · spread now +1.469%, 7d avg −0.050%
Together, before fees−1.907%−$191 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 1.519% dearer against MEXC than usual: you sell high and buy low (spread +1.469% now, against its 7-day average of −0.050%): +$152 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 38 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SEI_USDT0.060600.0100pay 0.0100% / 8h4h 18m$35.1M$28.7M300x
ShortCoinbase International SEI-PERP-INTX0.06149−0.0032pay 0.0004% / 1h18m 38s$43K$221K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against MEXC. 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
−$27.72
Price spread: +1.469% → −0.050%
$151.89
Slippage, 4 orders
−$113.51
Fee MEXC: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$0.66
Costs to cover
1.235%
Break-even
from the start
Slippage from MEXC: live order book, 5 min ago; Coinbase International: live order book, 39 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 MEXC live order book, 5 min ago0.82 bp3.8 bp −$415.2 bp −$15254.2 bp −$5,42494.5 bp −$47.3K
Sell Coinbase International live order book, 39 min ago15.58 bp57.9 bp −$58doesn't fitdoesn't fitdoesn'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−0.0199%8h0.06062+0.039%$323K$187Kas long as short
Coinbase International SEI-PERP-INTXshort−0.0032%1h0.06149+1.469%$43K$221K50x
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06067+0.123%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06068+0.132%$10K$72K25xas long as short
Bybit SEIUSDT+0.0035%8h0.06059−0.017%$14.6M$36.3M50xas long as short
GMX SEI/USD [ETH-USDC]L +0.0041% / S +0.0110%1h0.06067+0.117%$6K100xas long as short
Lighter SEI+0.0096%1h0.06062+0.033%$276K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06063+0.051%$3.5M$5.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.06064+0.067%$317K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.06066+0.093%$15.0M$130.2M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06063+0.050%$3.5M$40.2M50xas long as short
Gate SEI_USDT+0.0100%8h0.06061+0.017%$1.1M$3.4M75xas long as short
MEXC SEI_USDTlong+0.0100%8h0.06060long leg$35.1M$28.7M300x
KuCoin SEIUSDTM+0.0100%8h0.06061+0.017%$6.5M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06063+0.050%$10.0M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.06057−0.050%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06067+0.116%$107K$616K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06072+0.201%$205K$1.9M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06080+0.330%$109K$666K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06067+0.116%$2K$74K20xas long as short
SunX SEI-USDT+0.0100%8h0.06075+0.248%$23K$4.2M30xas long as short
Extended SEI-USD+0.0104%1h0.06060−0.006%$77K$552K25xas long as short
BloFin SEI-USDT+0.0220%8h0.06066+0.099%$775K$1.3M75xas long as short
Injective SEI/USDC PERP+0.0267%1h0.06081+0.347%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0312%1h0.06069+0.152%$377K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06069+0.143%$11620xas long as short
dYdX SEI-USD+0.0844%1h0.06063+0.048%$103K$2K5xas long as short