Settings8H · net · $10k
Funding arb · Price arb /

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0649%/8h= −71.0% APRnext payment $0.81 per $10,000 · paid last 24h +0.228%
Price spread now: Kraken Futures against Injective−0.137%63s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+2.314%+$231 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Kraken Futures is 0.137% cheaper against Injective than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +2.314%, so the current rate has only just turned against you. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SEI/USDC PERP0.059270.0863pay 0.0108% / 1h29m 47s$9K$42K12x
ShortKraken Futures PF_SEIUSD0.059190.0214get 0.0027% / 1h29m 47s$376K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$136.23
Price spread: −0.137% → 0.000%
−$13.71
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$159.96
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Kraken Futures live order book, 4 min ago7.58 bp17.9 bp −$1849.9 bp −$499doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SEI on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SEI/USD [ETH-USDC]L −0.0802% / S +0.0440%1h0.05919−0.140%$23K100xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05960+0.557%$33K$210K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05917−0.162%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05917−0.169%$20K$62K25xas long as short
Variational Omni SEI+0.0037%8h0.05929+0.038%$315K$240Kas long as short
Lighter SEI+0.0096%1h0.05926−0.017%$267K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0098%8h0.05917−0.169%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05927+0.003%$3.4M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05927−0.004%$310K$371K20xas long as short
Binance SEIUSDT+0.0100%8h0.05927−0.008%$13.8M$128.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05921−0.101%$13.9M$36.5M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05924−0.051%$3.0M$40.3M50xas long as short
Gate SEI_USDT+0.0100%8h0.05923−0.067%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05928+0.017%$29.5M$26.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05925−0.034%$7.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05928+0.017%$9.3M$17.2M75xas long as short
BingX SEI-USDT+0.0100%8h0.05921−0.101%$33.0Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05921−0.101%$118K$564K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05938+0.186%$200K$1.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940+0.219%$108K$669K50xas long as short
SunX SEI-USDT+0.0100%8h0.05932+0.084%$23K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05924−0.055%$75K$477K25xas long as short
Kraken Futures PF_SEIUSDshort+0.0214%1h0.05919−0.137%$376K$1.7M50x
BloFin SEI-USDT+0.0220%8h0.05935+0.135%$711K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05921−0.105%$11320xas long as short
Injective SEI/USDC PERPlong+0.0863%1h0.05927long leg$9K$42K12x
dYdX SEI-USD+0.2038%1h0.05922−0.087%$101K$2K5xas long as short