Funding you earn now, next payment 00:00 UTC−0.0223%/8h= −24.4% APRpaid last 24h −0.079%
Price spread now: BingX against Kraken Futures+0.002%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days−0.227%−$23 on $10k
+Price spread, last 3 days (all we have)−0.070%−$7 · spread now +0.002%, 7d avg −0.029%
=The price spread pays, funding is against you. BingX is 0.031% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.029%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.227% in total) that is about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05946 | 0.0323 | pay 0.0040% / 1h | 54m 33s | $372K | $1.6M | 50x |
| Short | BingX SEI-USDT | 0.05946 | 0.0100 | get 0.0100% / 8h | 54m 33s | — | $33.2M | — |
Kraken Futures PF_SEIUSD
BingX SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$46.74
- Price spread: +0.002% → −0.029%
- $3.13
- Slippage, 4 orders
- −$40.13
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$103.74
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; BingX: live order book, 9 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, 4 min ago | 5.07 bp | 16.9 bp −$17 | 43.9 bp −$439 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 2.55 bp | 10.7 bp −$11 | 20.9 bp −$209 | 61.1 bp −$6,110 | 365.6 bp −$182.8K |
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 | 0.05947 | +0.026% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0010% | 8h | 0.05930 | −0.272% | $316K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05947 | +0.019% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0086% | 1h | 0.05950 | +0.069% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05949 | +0.053% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05947 | +0.019% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05952 | +0.100% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05950 | +0.066% | $311K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05949 | +0.053% | $13.9M | $125.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05943 | −0.048% | $14.0M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit 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 | 0.05945 | −0.015% | $3.1M | $40.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05947 | +0.019% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05946 | +0.002% | $29.1M | $25.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05947 | +0.019% | $6.6M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05947 | +0.019% | $9.4M | $17.0M | 75x | as long as short |
| BingX SEI-USDTshort | +0.0100% | 8h | 0.05946 | +0.002% | — | $33.2M | — | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05935 | −0.183% | $202K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | −0.435% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05949 | +0.053% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05945 | −0.016% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05949 | +0.053% | $697K | $1.2M | 75x | as long as short |
| Backpack SEI_USDC_PERP | +0.0221% | 1h | 0.05949 | +0.053% | $119K | $563K | 10x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0323% | 1h | 0.05946 | long leg | $372K | $1.6M | 50x | |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05920 | −0.435% | $33K | $208K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05945 | −0.011% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05973 | +0.456% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.3099% | 1h | 0.05945 | −0.012% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Backpack SEI_USDC_PERP
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD