Spread before costs (cost unknown: a leg has no order-book sample)+0.069%
7d average+0.068%if it closes, per $10,000$7funding while held, a day+$0.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SEI_USDC | 0.05839 | 0.0097 | pay 0.0097% / 8h | 18m 54s | $1K | $112K | 20x |
| Short | Backpack SEI_USDC_PERP | 0.05843 | 0.0100 | get 0.0013% / 1h | 18m 54s | $122K | $573K | 10x |
Orderly PERP_SEI_USDC
Backpack SEI_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $6.85
- Funding while held
- $0.1
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$9.05
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; Backpack: live order book, 31 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0003%
- Per $10,000 a day
- +$0.10
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 31 min ago | 1.68 bp | 12.1 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.05767cheapestApeX Omni0.05810+0.746%Variational Omni0.05819+0.902%Bitget0.05827+1.040%Bybit0.05828+1.058%OKX0.05828+1.058%dYdX0.05828+1.059%Binance0.05830+1.085%BingX0.05830+1.092%Extended0.05830+1.095%Gate0.05831+1.110%MEXC0.05831+1.110%Hyperliquid0.05832+1.132%Reya0.05834+1.162%KuCoin0.05835+1.179%gTrade (Gains Network)0.05837+1.214%GMX0.05837+1.216%Aster0.05838+1.235%
Coinbase International
ApeX Omni
Variational Omni
Bitget
Bybit
OKX
dYdX
Binance
BingX
Extended
Gate
MEXC
Hyperliquid
Reya
KuCoin
gTrade (Gains Network)
GMX
AsterOrderly0.05839+1.248%
Deribit0.05841+1.283%BloFin0.05841+1.283%Lighter0.05843+1.318%
Deribit
BloFin
LighterBackpack0.05843+1.318%
SunX0.05843+1.318%Kraken Futures0.05845+1.355%Injective0.05857+1.561%
SunX
Kraken Futures
InjectiveSEI 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 | −1.233% | −0.0584% | 1h | $31K | $261K | 50x | as long as short |
| ApeX Omni SEIUSDT | −0.497% | +0.0100% | 1h | $103K | $678K | 50x | as long as short |
| Variational Omni SEI | −0.342% | +0.0099% | 8h | $305K | $256K | — | as long as short |
| Bitget SEIUSDT | −0.206% | +0.0100% | 8h | $9.2M | $18.3M | 75x | as long as short |
| Bybit SEIUSDT | −0.188% | +0.0100% | 8h | $13.5M | $38.4M | 50x | as long as short |
| OKX SEI-USDT-SWAP | −0.188% | +0.0100% | 4h | $3.1M | $39.4M | 50x | as long as short |
| dYdX SEI-USD | −0.187% | +0.0674% | 1h | $99K | $2K | 5x | as long as short |
| Binance SEIUSDT | −0.162% | +0.0100% | 8h | $13.9M | $129.9M | 75x | as long as short |
| BingX SEI-USDT | −0.154% | +0.0100% | 8h | — | $26.3M | — | as long as short |
| Extended SEI-USD | −0.152% | +0.0104% | 1h | $75K | $484K | 25x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | −0.137% | +0.0100% | 8h | $1.1M | $3.8M | 75x | as long as short |
| MEXC SEI_USDT | −0.137% | +0.0100% | 8h | $26.4M | $27.8M | 300x | as long as short |
| Hyperliquid SEI | −0.115% | +0.0100% | 1h | $3.4M | $7.5M | 5x | as long as short |
| Reya SEIRUSDPERP | −0.085% | +0.0346% | 1h | $111 | — | 20x | as long as short |
| KuCoin SEIUSDTM | −0.069% | +0.0100% | 8h | $6.8M | $14.6M | 75x | as long as short |
| gTrade (Gains Network) SEI/USD | −0.034% | L −0.0005% / S +0.0006% | 1h | $22K | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | −0.033% | L +0.0083% / S +0.0219% | 1h | $22K | — | 100x | as long as short |
| Aster SEIUSDT | −0.014% | +0.0100% | 8h | $303K | $626K | 20x | as long as short |
| Orderly PERP_SEI_USDClong | 0.000% | +0.0097% | 8h | $1K | $112K | 20x | |
| Deribit SEI_USDC-PERPETUAL | +0.034% | −0.0092% | 1h | $29K | $50K | 25x | as long as short |
| BloFin SEI-USDT | +0.034% | +0.0220% | 8h | $777K | $1.4M | 75x | as long as short |
| Lighter SEI | +0.069% | +0.0096% | 1h | $270K | $1.4M | 10x | as long as short |
| Backpack SEI_USDC_PERPshort | +0.069% | +0.0100% | 1h | $122K | $573K | 10x | |
| SunX SEI-USDT | +0.069% | +0.0100% | 8h | $22K | $5.2M | 30x | as long as short |
| Kraken Futures PF_SEIUSD | +0.105% | +0.0489% | 1h | $396K | $1.8M | 50x | as long as short |
| Injective SEI/USDC PERP | +0.308% | +0.0746% | 1h | $35K | $91K | 12x | as long as short |