Funding you earn now, next payment 03:00 UTC−0.0250%/8h= −27.4% APRpaid last 24h −0.024%
Price spread now: BloFin against Kraken Futures+0.022%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$660.663% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.022%, 7d avg −0.006%
=The price spread pays, funding is against you. BloFin is 0.028% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.006%): +$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 9 hours. At the pace of the last 7 days (−0.208% 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 | 0.06059 | 0.0470 | pay 0.0059% / 1h | 36m 28s | $381K | $1.6M | 50x |
| Short | BloFin SEI-USDT | 0.06060 | 0.0220 | get 0.0220% / 8h | 5h 36m | $736K | $1.2M | 75x |
Kraken Futures PF_SEIUSD
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$52.5
- Price spread: +0.022% → −0.006%
- $2.84
- Slippage, 4 orders
- −$44.33
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$115.99
- Costs to cover
- 0.663%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; BloFin: live order book, 6 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, 2 min ago | 9.94 bp | 21.4 bp −$21 | 54.8 bp −$548 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 2.48 bp | 15.8 bp −$16 | 29.4 bp −$294 | 95.0 bp −$9,503 | 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 | −0.0108% | 8h | 0.06039 | −0.319% | $323K | $178K | — | as long as short |
| GMX SEI/USD [ETH-USDC] | L −0.0012% / S +0.0191% | 1h | 0.06089 | +0.498% | $6K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06089 | +0.507% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06056 | −0.044% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06072 | +0.220% | $274K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06080 | +0.349% | $3.5M | $5.8M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06071 | +0.198% | $318K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06088 | +0.484% | $14.7M | $128.3M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06083 | +0.402% | $14.6M | $35.8M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06084 | +0.418% | $3.3M | $40.2M | 50x | as long as short |
Variational Omni SEI
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06079 | +0.336% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06078 | +0.319% | $34.9M | $27.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06073 | +0.237% | $6.5M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06080 | +0.352% | $9.6M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06090 | +0.517% | — | $31.2M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06043 | −0.252% | $213K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06030 | −0.473% | $109K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06089 | +0.501% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06072 | +0.220% | $23K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06072 | +0.217% | $78K | $546K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0124% | 1h | 0.06070 | +0.187% | $120K | $595K | 10x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0128% | 1h | 0.05977 | −1.348% | $34K | $207K | 50x | as long as short |
| Injective SEI/USDC PERP | +0.0156% | 1h | 0.06049 | −0.159% | $9K | $43K | 12x | as long as short |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.06060 | +0.022% | $736K | $1.2M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06077 | +0.310% | $116 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0470% | 1h | 0.06059 | long leg | $381K | $1.6M | 50x | |
| dYdX SEI-USD | +0.0973% | 1h | 0.06071 | +0.201% | $104K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
Coinbase International SEI-PERP-INTX
Injective SEI/USDC PERP
Reya SEIRUSDPERP
dYdX SEI-USD