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
Funding, last 7 days+2.314%+$231 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SEI/USDC PERP | 0.05927 | 0.0863 | pay 0.0108% / 1h | 29m 47s | $9K | $42K | 12x |
| Short | Kraken Futures PF_SEIUSD | 0.05919 | 0.0214 | get 0.0027% / 1h | 29m 47s | $376K | $1.7M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 7.58 bp | 17.9 bp −$18 | 49.9 bp −$499 | doesn't fit | doesn'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.| 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 | 0.05919 | −0.140% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.557% | $33K | $210K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05917 | −0.162% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05917 | −0.169% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0037% | 8h | 0.05929 | +0.038% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05926 | −0.017% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05917 | −0.169% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05927 | +0.003% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05927 | −0.004% | $310K | $371K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05927 | −0.008% | $13.8M | $128.3M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05921 | −0.101% | $13.9M | $36.5M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05924 | −0.051% | $3.0M | $40.3M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05923 | −0.067% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05928 | +0.017% | $29.5M | $26.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05925 | −0.034% | $7.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05928 | +0.017% | $9.3M | $17.2M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05921 | −0.101% | — | $33.0M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05921 | −0.101% | $118K | $564K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05938 | +0.186% | $200K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.219% | $108K | $669K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05932 | +0.084% | $23K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05924 | −0.055% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0214% | 1h | 0.05919 | −0.137% | $376K | $1.7M | 50x | |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05935 | +0.135% | $711K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05921 | −0.105% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERPlong | +0.0863% | 1h | 0.05927 | long leg | $9K | $42K | 12x | |
| dYdX SEI-USD | +0.2038% | 1h | 0.05922 | −0.087% | $101K | $2K | 5x | as long as short |
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
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
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT