Funding you earn now, next payment 22:00 UTC−0.0113%/8h= −12.4% APRpaid last 24h −0.080%
Price spread now: Bitget against Kraken Futures−0.060%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 7 days−0.290%−$29 on $10k
+Price spread, last 3 days (all we have)+0.075%+$7 · spread now −0.060%, 7d avg −0.029%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.031% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05937 | 0.0213 | pay 0.0027% / 1h | 37m 01s | $377K | $1.7M | 50x |
| Short | Bitget SEIUSDT | 0.05933 | 0.0100 | get 0.0100% / 8h | 2h 37m | $9.3M | $17.3M | 75x |
Kraken Futures PF_SEIUSD
Bitget SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$23.77
- Price spread: −0.060% → −0.029%
- −$3.13
- Slippage, 4 orders
- −$37.92
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$86.82
- Costs to cover
- 0.599%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Bitget: live order book, 2 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, 1 min ago | 7.58 bp | 18.9 bp −$19 | 44.7 bp −$447 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.84 bp | 12.3 bp −$12 | 27.6 bp −$276 | 95.4 bp −$9,536 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05942 | +0.093% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.394% | $33K | $210K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05942 | +0.098% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05942 | +0.091% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0037% | 8h | 0.05919 | −0.296% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05938 | +0.024% | $267K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05942 | +0.091% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05939 | +0.046% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05939 | +0.043% | $311K | $382K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05932 | −0.076% | $13.8M | $128.3M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05930 | −0.111% | $13.9M | $36.5M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05931 | −0.094% | $3.0M | $40.4M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05937 | +0.007% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05933 | −0.060% | $29.6M | $26.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05936 | −0.010% | $7.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDTshort | +0.0100% | 8h | 0.05933 | −0.060% | $9.3M | $17.3M | 75x | |
| BingX SEI-USDT | +0.0100% | 8h | 0.05931 | −0.094% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05938 | +0.024% | $118K | $565K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05924 | −0.212% | $200K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | −0.111% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05950 | +0.226% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05932 | −0.079% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0213% | 1h | 0.05937 | long leg | $377K | $1.7M | 50x | |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05933 | −0.060% | $717K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05941 | +0.072% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05958 | +0.361% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.1863% | 1h | 0.05938 | +0.021% | $101K | $2K | 5x | as long as short |
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD