Funding you earn now, next payment 02:00 UTC−0.0219%/8h= −24.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.415%
Price spread now: Kraken Futures against dYdX+0.121%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1511.511% of the position
Funding, last 7 days−1.375%−$137 on $10k
+Price spread, last 3 days (all we have)−0.070%−$7 · spread now +0.121%, 7d avg +0.040%
=The price spread pays, funding is against you. Kraken Futures is 0.080% dearer against dYdX than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.040%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 7 days (−1.375% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.05939 | 0.0596 | pay 0.0075% / 1h | 23m 28s | $101K | $2K | 5x |
| Short | Kraken Futures PF_SEIUSD | 0.05947 | 0.0377 | get 0.0047% / 1h | 23m 28s | $378K | $1.6M | 50x |
dYdX SEI-USD
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- −$46
- Price spread: +0.121% → +0.040%
- $8.02
- Slippage, 4 orders
- −$131.14
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$189.12
- Costs to cover
- 1.511%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 45 min ago; Kraken Futures: live order book, 5 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 dYdX live order book, 45 min ago | 38.94 bp | 51.2 bp −$51 | 263.6 bp −$2,636 | 314.3 bp −$31.4K | 459.5 bp −$229.8K |
| Sell Kraken Futures live order book, 5 min ago | 10.09 bp | 17.1 bp −$17 | 60.4 bp −$604 | doesn't fit | doesn't fit |
SEI on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0815% / S +0.0444% | 1h | 0.05931 | −0.138% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0124% | 8h | 0.05942 | +0.036% | $318K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05932 | −0.125% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05928 | −0.192% | $10K | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05933 | −0.108% | $34K | $205K | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05945 | +0.094% | $270K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05942 | +0.050% | $3.4M | $6.1M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05942 | +0.035% | $311K | $355K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05940 | +0.018% | $14.2M | $128.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05938 | −0.024% | $14.0M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05942 | +0.044% | $3.2M | $39.8M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05940 | +0.010% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05943 | +0.061% | $34.6M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05944 | +0.077% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05943 | +0.061% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05940 | +0.010% | — | $31.5M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05948 | +0.145% | $119K | $572K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05944 | +0.085% | $201K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | +0.178% | $108K | $669K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05943 | +0.061% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05951 | +0.195% | $23K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05941 | +0.021% | $79K | $546K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05943 | +0.065% | $113 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0377% | 1h | 0.05947 | +0.121% | $378K | $1.6M | 50x | |
| dYdX SEI-USDlong | +0.0596% | 1h | 0.05939 | long leg | $101K | $2K | 5x | |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05951 | +0.195% | $9K | $43K | 12x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Reya SEIRUSDPERP
Injective SEI/USDC PERP