Funding you earn now, next payment 23:00 UTC+0.0090%/8h= +9.9% APRpaid last 24h +0.099%
Price spread now: Kraken Futures against GRVT+0.050%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$680.680% of the position
Funding, last 7 days+0.195%+$20 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.050%, 7d avg +0.100%
=Together, before fees+0.198%+ Points / potential airdropGRVT: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.050% cheaper against GRVT than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.100%). If the spread goes back, that is −$5 on $10k: about 44 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SEI_USDT_Perp | 0.05874 | 0.0100 | pay 0.0100% / 8h | 1h 10m | $208K | $1.5M | 10x |
| Short | Kraken Futures PF_SEIUSD | 0.05877 | 0.0190 | get 0.0024% / 1h | 10m 40s | $371K | $1.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GRVT. 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
- $18.9
- Price spread: +0.050% → +0.100%
- −$4.96
- Slippage, 4 orders
- −$48.98
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$54.04
- Costs to cover
- 0.680%
- Break-even
- 27.0 days
Slippage from GRVT: live order book, 3 min ago; Kraken Futures: 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 GRVT live order book, 3 min ago | 0.85 bp | 22.0 bp −$22 | 33.6 bp −$336 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 4.26 bp | 18.6 bp −$19 | 46.0 bp −$460 | 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 | 0.05873 | −0.013% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05875 | +0.013% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05876 | +0.032% | $19K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0005% | 8h | 0.05867 | −0.125% | $310K | $232K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05875 | +0.015% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05876 | +0.032% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05878 | +0.068% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05880 | +0.101% | $307K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05875 | +0.016% | $13.6M | $125.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05867 | −0.121% | $13.8M | $36.1M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05867 | −0.121% | $3.0M | $39.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05872 | −0.036% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05873 | −0.019% | $28.6M | $26.1M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05876 | +0.032% | $6.6M | $14.1M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05872 | −0.036% | $9.2M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05871 | −0.053% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05878 | +0.067% | $118K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perplong | +0.0100% | 8h | 0.05874 | long leg | $208K | $1.5M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05870 | −0.070% | $107K | $664K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05885 | +0.186% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05870 | −0.077% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0190% | 1h | 0.05877 | +0.050% | $371K | $1.6M | 50x | |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05879 | +0.084% | $33K | $206K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05877 | +0.050% | $697K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05875 | +0.019% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05871 | −0.053% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2654% | 1h | 0.05878 | +0.061% | $100K | $2K | 5x | as long as short |
GRVT SEI_USDT_Perp
Kraken Futures PF_SEIUSD
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Injective SEI/USDC PERP