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+0.0373%/8h= +40.9% APRpaid last 24h +0.066%
Price spread now: Kraken Futures against SunX+0.142%7-day average −0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$880.877% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.270%+$27 on $10k
Price spread, last 3 days (all we have)−0.218%−$22 · spread now +0.142%, 7d avg −0.080%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Kraken Futures is 0.222% dearer against SunX than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SEI-USDT0.060070.0100pay 0.0100% / 8h5h 55m$23K$4.4M30x
ShortKraken Futures PF_SEIUSD0.060160.0473get 0.0059% / 1h55m 39s$378K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. 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
$78.4
Price spread: +0.142% → −0.080%
$22.17
Slippage, 4 orders
−$69.72
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$12.85
Costs to cover
0.877%
Break-even
5.9 days
Slippage from SunX: live order book, 3 min ago; Kraken Futures: live order book, 3 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 SunX live order book, 3 min ago15.05 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago2.51 bp20.2 bp −$2060.1 bp −$601doesn't fitdoesn'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%1h0.06012+0.090%$23K100xas long as short
Variational Omni SEI−0.0115%8h0.06010+0.042%$319K$187Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06011+0.061%150xas long as short
Deribit SEI_USDC-PERPETUAL+0.0083%1h0.06016+0.150%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.05998−0.150%$272K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06002−0.078%$3.5M$5.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.06002−0.081%$314K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.05994−0.212%$14.3M$127.9M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05986−0.350%$14.2M$35.6M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05988−0.316%$3.2M$39.6M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06001−0.100%$1.1M$3.3M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05995−0.200%$34.5M$27.4M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06001−0.100%$6.4M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05994−0.216%$9.5M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.05994−0.216%$31.2Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06011+0.067%$121K$567K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05982−0.413%$205K$1.7M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05970−0.616%$109K$664K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06014+0.117%$2K$97K20xas long as short
SunX SEI-USDTlong+0.0100%8h0.06007long leg$23K$4.4M30x
Extended SEI-USD+0.0104%1h0.05991−0.265%$77K$546K25xas long as short
Coinbase International SEI-PERP-INTX+0.0128%1h0.05977−0.499%$34K$207K50xas long as short
Injective SEI/USDC PERP+0.0156%1h0.05990−0.283%$9K$43K12xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06016+0.150%$11520xas long as short
Kraken Futures PF_SEIUSDshort+0.0473%1h0.06016+0.142%$378K$1.6M50x
dYdX SEI-USD+0.1535%1h0.05994−0.216%$102K$2K5xas long as short