Funding you earn now, next payment 04:00 UTC−0.0211%/8h= −23.2% APRnext payment −$0.26 per $10,000 · paid last 24h −0.060%
Price spread now: ApeX Omni against Kraken Futures−0.647%45s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$990.986% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 4 days (all we have)+0.692%+$69 · spread now −0.647%, 7d avg −0.050%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.596% cheaper against Kraken Futures than usual: you would sell low and buy high (−$60 if the spread goes back to its 7-day average of −0.050%). Swap the legs. The two prices were read 45 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 | Kraken Futures PF_SEIUSD | 0.06079 | 0.0311 | pay 0.0039% / 1h | 43m 31s | $376K | $1.5M | 50x |
| Short | ApeX Omni SEIUSDT | 0.06040 | 0.0100 | get 0.0013% / 1h | 43m 31s | $109K | $667K | 50x |
Kraken Futures PF_SEIUSD
ApeX Omni SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- −$44.4
- Price spread: −0.647% → −0.050%
- −$59.65
- Slippage, 4 orders
- −$78.6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$202.65
- Costs to cover
- 0.986%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; ApeX Omni: live order book, 15 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 Kraken Futures live order book, 5 min ago | 9.07 bp | 26.0 bp −$26 | 55.3 bp −$553 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 15 min ago | 16.39 bp | 27.1 bp −$27 | 131.9 bp −$1,319 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0185% | 8h | 0.06054 | −0.410% | $328K | $184K | — | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0032% | 1h | 0.06149 | +1.146% | $43K | $223K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06053 | −0.426% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06071 | −0.137% | $10K | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0036% / S +0.0141% | 1h | 0.06077 | −0.043% | $6K | — | 100x | as long as short |
| Bybit SEIUSDT | +0.0091% | 8h | 0.06047 | −0.532% | $14.5M | $36.2M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06069 | −0.170% | $276K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06055 | −0.398% | $3.5M | $5.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06073 | −0.109% | $318K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06052 | −0.458% | $15.0M | $130.5M | 75x | as long as short |
Variational Omni SEI
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.06052 | −0.449% | $3.5M | $40.2M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06067 | −0.203% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06050 | −0.482% | $35.1M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06054 | −0.416% | $6.5M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06053 | −0.433% | $10.0M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06061 | −0.301% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06080 | +0.011% | $109K | $609K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06040 | −0.654% | $204K | $1.9M | 10x | as long as short |
| ApeX Omni SEIUSDTshort | +0.0100% | 1h | 0.06040 | −0.647% | $109K | $667K | 50x | |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06076 | −0.055% | $2K | $83K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06081 | +0.028% | $23K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06061 | −0.307% | $78K | $547K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06038 | −0.680% | $773K | $1.3M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0267% | 1h | 0.06058 | −0.351% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0311% | 1h | 0.06079 | long leg | $376K | $1.5M | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06050 | −0.479% | $115 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0583% | 1h | 0.06069 | −0.171% | $104K | $2K | 5x | 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
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Injective SEI/USDC PERP
Reya SEIRUSDPERP
dYdX SEI-USD