Funding you earn now, next payment 02:00 UTC+0.0277%/8h= +30.4% APRnext payment +$0.35 per $10,000 · paid last 24h +0.039%
Price spread now: Kraken Futures against Hyperliquid−0.048%7-day average −0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.048%, 7d avg −0.004%
=Together, before fees+0.299%+ Points / potential airdropHyperliquid: Season 2 · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.044% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of −0.004%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.203% in total) that is about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SEI | 0.05947 | 0.0100 | pay 0.0013% / 1h | 32m 01s | $3.4M | $6.3M | 5x |
| Short | Kraken Futures PF_SEIUSD | 0.05944 | 0.0377 | get 0.0047% / 1h | 32m 01s | $371K | $1.6M | 50x |
Hyperliquid SEI
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Hyperliquid. 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
- $58.23
- Price spread: −0.048% → −0.004%
- −$4.44
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $34.79
- Costs to cover
- 0.190%
- Break-even
- 2.8 days
Slippage unknown: Hyperliquid: live order book, 10 min ago; Kraken Futures: live order book, 1 min ago. Net counts fees only.
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 Hyperliquid live order book, 10 min ago | 1.27 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 5.06 bp | 17.3 bp −$17 | 53.5 bp −$535 | 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 | 0.05945 | −0.022% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0132% | 8h | 0.05935 | −0.202% | $317K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05945 | −0.035% | — | — | 150x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05950 | +0.057% | $34K | $206K | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0086% | 1h | 0.05945 | −0.027% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05944 | −0.044% | $270K | $1.2M | 10x | as long as short |
| Hyperliquid SEIlong | +0.0100% | 1h | 0.05947 | long leg | $3.4M | $6.3M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05943 | −0.065% | $311K | $355K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05945 | −0.027% | $14.2M | $129.5M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05938 | −0.145% | $14.0M | $36.2M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Coinbase International SEI-PERP-INTX
Deribit SEI_USDC-PERPETUAL
Lighter 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 | 0.05943 | −0.061% | $3.2M | $40.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05942 | −0.077% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05940 | −0.111% | $34.6M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05939 | −0.128% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05941 | −0.094% | $9.4M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05942 | −0.077% | — | $31.6M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05947 | +0.007% | $119K | $571K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05943 | −0.061% | $201K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | −0.111% | $108K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05948 | +0.024% | $2K | $103K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05956 | +0.158% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05938 | −0.146% | $75K | $540K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05948 | +0.029% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0377% | 1h | 0.05944 | −0.048% | $371K | $1.6M | 50x | |
| dYdX SEI-USD | +0.0529% | 1h | 0.05941 | −0.102% | $101K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05951 | +0.074% | $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
dYdX SEI-USD
Injective SEI/USDC PERP