Funding you earn now, next payment 05:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h +0.063%
Price spread now: Kraken Futures against Bitget−0.466%48s7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.670% of the position
Funding, last 7 days+0.323%+$32 on $10k
+Price spread, last 4 days (all we have)+0.541%+$54 · spread now −0.466%, 7d avg +0.032%
=Funding pays, the price is against you. Kraken Futures is 0.498% cheaper against Bitget than usual: you would sell low and buy high (spread −0.466% now, against its 7-day average of +0.032%). If the spread goes back, that is −$50 on $10k: about 11 days of funding at the current rate (+$5 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SEIUSDT | 0.06032 | 0.0100 | pay 0.0100% / 8h | 3h 31m | $10.0M | $16.7M | 75x |
| Short | Kraken Futures PF_SEIUSD | 0.06004 | 0.0258 | get 0.0032% / 1h | 31m 28s | $375K | $1.5M | 50x |
Bitget SEIUSDT
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $33.13
- Price spread: −0.466% → +0.032%
- −$49.83
- Slippage, 4 orders
- −$45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$83.7
- Costs to cover
- 0.670%
- Break-even
- 24.7 days
Slippage from Bitget: live order book, 2 min ago; Kraken Futures: live order book, 2 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 Bitget live order book, 2 min ago | 1.67 bp | 13.1 bp −$13 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 8.36 bp | 19.2 bp −$19 | 52.3 bp −$523 | 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 | −0.0209% | 8h | 0.05990 | −0.697% | $319K | $187K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05991 | −0.680% | — | — | 150x | as long as short |
| Bybit SEIUSDT | +0.0034% | 8h | 0.06026 | −0.099% | $14.4M | $36.1M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0044% / S +0.0078% | 1h | 0.05991 | −0.678% | $6K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0084% | 1h | 0.05994 | −0.630% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06018 | −0.232% | $268K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06034 | +0.031% | $3.5M | $5.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06022 | −0.171% | $315K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06026 | −0.099% | $14.8M | $129.9M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06029 | −0.050% | $3.4M | $39.6M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Bybit SEIUSDT
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.06012 | −0.332% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06031 | −0.017% | $34.9M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06019 | −0.216% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDTlong | +0.0100% | 8h | 0.06032 | long leg | $10.0M | $16.7M | 75x | |
| BingX SEI-USDT | +0.0100% | 8h | 0.06020 | −0.199% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06004 | −0.464% | $108K | $632K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05985 | −0.787% | $212K | $2.1M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05980 | −0.862% | $102K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05993 | −0.647% | $2K | $56K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05995 | −0.613% | $22K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06022 | −0.162% | $77K | $547K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.05999 | −0.547% | $43K | $219K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05988 | −0.729% | $754K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0258% | 1h | 0.06004 | −0.466% | $375K | $1.5M | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06032 | −0.005% | $115 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.05975 | −0.945% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1532% | 1h | 0.06013 | −0.307% | $103K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD