Funding you earn now, next payment 00:00 UTC+0.0223%/8h= +24.4% APRpaid last 24h +0.076%
Price spread now: Kraken Futures against Gate−0.013%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$760.763% of the position
Funding, last 7 days+0.311%+$31 on $10k
+Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.013%, 7d avg +0.025%
=Funding pays, the price is against you. Kraken Futures is 0.038% cheaper against Gate than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.025%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SEI_USDT | 0.05935 | 0.0100 | pay 0.0100% / 8h | 27m 31s | $1.1M | $3.5M | 75x |
| Short | Kraken Futures PF_SEIUSD | 0.05934 | 0.0323 | get 0.0040% / 1h | 27m 31s | $368K | $1.6M | 50x |
Gate SEI_USDT
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $46.87
- Price spread: −0.013% → +0.025%
- −$3.76
- Slippage, 4 orders
- −$51.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$33.19
- Costs to cover
- 0.763%
- Break-even
- 12.0 days
Slippage from Gate: live order book, 5 min ago; Kraken Futures: live order book, 1 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 Gate live order book, 5 min ago | 2.53 bp | 19.3 bp −$19 | 56.5 bp −$565 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 6.74 bp | 18.4 bp −$18 | 49.0 bp −$490 | 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 | 0.05931 | −0.061% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0045% | 8h | 0.05928 | −0.121% | $317K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05932 | −0.052% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05933 | −0.034% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05942 | +0.118% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05933 | −0.034% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05943 | +0.138% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05940 | +0.086% | $310K | $363K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05943 | +0.135% | $14.1M | $126.3M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05935 | 0.000% | $14.0M | $36.0M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05939 | +0.067% | $3.1M | $40.0M | 50x | as long as short |
| Gate SEI_USDTlong | +0.0100% | 8h | 0.05935 | long leg | $1.1M | $3.5M | 75x | |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05942 | +0.118% | $35.1M | $26.2M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05938 | +0.051% | $6.2M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05941 | +0.101% | $9.3M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05941 | +0.101% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05933 | −0.034% | $117K | $564K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05932 | −0.059% | $202K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | +0.253% | $108K | $674K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05945 | +0.168% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05942 | +0.116% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05945 | +0.168% | $712K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0323% | 1h | 0.05934 | −0.013% | $368K | $1.6M | 50x | |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05923 | −0.202% | $33K | $207K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05940 | +0.089% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05943 | +0.135% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.2213% | 1h | 0.05938 | +0.050% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD