Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: KuCoin against Backpack−0.066%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.066%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.041% cheaper against Backpack than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SEI_USDC_PERP | 0.06065 | 0.0100 | pay 0.0013% / 1h | 52m 40s | $112K | $658K | 10x |
| Short | KuCoin SEIUSDTM | 0.06061 | 0.0100 | get 0.0100% / 8h | 52m 40s | $6.7M | $14.4M | 75x |
Backpack SEI_USDC_PERP
KuCoin SEIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.066% → −0.025%
- −$4.08
- Slippage, 4 orders
- −$46.55
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$72.63
- Costs to cover
- 0.686%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 51 min ago; KuCoin: live order book, 6 min ago.
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 Backpack live order book, 51 min ago | 0.84 bp | 9.0 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.66 bp | 24.4 bp −$24 | 77.5 bp −$775 | doesn't fit | doesn't fit |
SEI on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0084% | 8h | 0.06047 | −0.290% | $319K | $180K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06062 | −0.057% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06062 | −0.049% | $383 | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0077% / S −0.0169% | 1h | 0.06060 | −0.089% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06065 | 0.000% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06067 | +0.030% | $3.6M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06064 | −0.016% | $331K | $353K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06060 | −0.089% | $14.7M | $123.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06051 | −0.231% | $14.3M | $34.1M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06055 | −0.165% | $3.4M | $36.0M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06064 | −0.016% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06057 | −0.132% | $35.7M | $27.0M | 300x | as long as short |
| KuCoin SEIUSDTMshort | +0.0100% | 8h | 0.06061 | −0.066% | $6.7M | $14.4M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06061 | −0.066% | $10.0M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06058 | −0.115% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERPlong | +0.0100% | 1h | 0.06065 | long leg | $112K | $658K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06052 | −0.214% | $213K | $2.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06070 | +0.082% | $101K | $670K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06061 | −0.066% | $2K | $192K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06070 | +0.082% | $23K | $3.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06070 | +0.081% | $77K | $428K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0254% | 1h | 0.06063 | −0.031% | $377K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0288% | 1h | 0.06070 | +0.082% | $44K | $236K | 50x | as long as short |
| BloFin SEI-USDT | +0.0326% | 8h | 0.06066 | +0.016% | $742K | $1.5M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06066 | +0.015% | $116 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0454% | 1h | 0.06080 | +0.247% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.1237% | 1h | 0.06065 | −0.002% | $103K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD