Funding you earn now, next payment 22:00 UTC−0.2126%/8h= −232.9% APRpaid last 24h −0.442%
Price spread now: KuCoin against dYdX−0.078%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$525as in the Funding arb table
Net, price: spread back to 7d avg − costs−$391as in the Price arb table
costs, in and out, $10k−$3793.792% of the position
Funding, last 7 days−1.459%−$146 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now −0.078%, 7d avg +0.040%
=Both sides work against this trade now: funding costs −$64 a day on $10k at the current rate, and KuCoin is 0.118% cheaper against dYdX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.040%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.459% in total (about -76.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SEI-USD | 0.05940 | 0.2226 | pay 0.0278% / 1h | 20m 24s | $101K | $2K | 5x |
| Short | KuCoin SEIUSDTM | 0.05935 | 0.0100 | get 0.0100% / 8h | 2h 20m | $7.1M | $14.2M | 75x |
dYdX SEI-USD
KuCoin SEIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$446.56
- Price spread: −0.078% → +0.040%
- −$11.84
- Slippage, 4 orders
- −$357.19
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$837.59
- Costs to cover
- 3.792%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago | 149.97 bp | 155.0 bp −$155 | 155.0 bp −$1,550 | 162.2 bp −$16.2K | 591.3 bp −$295.7K |
| Sell KuCoin live order book, 3 min ago | 4.20 bp | 29.0 bp −$29 | 74.3 bp −$743 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05933 | −0.110% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.343% | $33K | $210K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05934 | −0.098% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05937 | −0.045% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0030% | 8h | 0.05945 | +0.087% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05940 | +0.006% | $268K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05937 | −0.045% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05942 | +0.033% | $3.5M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05940 | −0.001% | $310K | $371K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05935 | −0.078% | $13.8M | $128.0M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05928 | −0.196% | $14.0M | $36.4M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05931 | −0.146% | $3.0M | $40.3M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05937 | −0.045% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05935 | −0.078% | $29.5M | $26.8M | 300x | as long as short |
| KuCoin SEIUSDTMshort | +0.0100% | 8h | 0.05935 | −0.078% | $7.1M | $14.2M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05933 | −0.112% | $9.3M | $17.2M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05933 | −0.112% | — | $33.0M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05939 | −0.011% | $119K | $564K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05944 | +0.074% | $211K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | +0.174% | $109K | $670K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05955 | +0.259% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05934 | −0.099% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05939 | −0.005% | $377K | $1.7M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05940 | +0.006% | $707K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05932 | −0.121% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05973 | +0.562% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USDlong | +0.2226% | 1h | 0.05940 | long leg | $101K | $2K | 5x |
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP