Funding you earn now, next payment 05:00 UTC−0.0157%/8h= −17.2% APRpaid last 24h −0.063%
Price spread now: GRVT against Kraken Futures+0.745%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$790.788% of the position
Funding, last 7 days−0.205%−$21 on $10k
+Price spread, last 4 days (all we have)−0.798%−$80 · spread now +0.745%, 7d avg +0.044%
=Together, before fees−1.003%+ Points / potential airdropGRVT: Active · farm board−$100 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.701% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.745% now, against its 7-day average of +0.044%): +$70 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.06029 | 0.0257 | pay 0.0032% / 1h | 9m 36s | $375K | $1.6M | 50x |
| Short | GRVT SEI_USDT_Perp | 0.06074 | 0.0100 | get 0.0100% / 8h | 3h 09m | $207K | $2.2M | 10x |
Kraken Futures PF_SEIUSD
GRVT SEI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$32.9
- Price spread: +0.745% → +0.044%
- $70.08
- Slippage, 4 orders
- −$59.79
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$41.61
- Costs to cover
- 0.788%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; GRVT: live order book, 4 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 | 14.80 bp | 22.3 bp −$22 | 62.0 bp −$620 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 2.47 bp | 8.6 bp −$9 | 35.0 bp −$350 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit SEI_USDC-PERPETUAL | −0.0248% | 1h | 0.06021 | −0.134% | $380 | $72K | 25x | as long as short |
| Variational Omni SEI | −0.0198% | 8h | 0.06022 | −0.111% | $325K | $186K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06022 | −0.109% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0047% / S +0.0057% | 1h | 0.06022 | −0.111% | $6K | — | 100x | as long as short |
| Bybit SEIUSDT | +0.0055% | 8h | 0.06001 | −0.466% | $14.4M | $34.6M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06020 | −0.151% | $274K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06020 | −0.152% | $3.5M | $5.1M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06012 | −0.282% | $314K | $333K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06010 | −0.317% | $14.8M | $128.3M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06004 | −0.416% | $3.4M | $38.5M | 50x | as long as short |
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.06014 | −0.250% | $1.1M | $3.2M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06015 | −0.234% | $34.9M | $28.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06019 | −0.167% | $6.5M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06014 | −0.250% | $10.0M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06007 | −0.366% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06022 | −0.118% | $106K | $630K | 10x | as long as short |
| GRVT SEI_USDT_Perpshort | +0.0100% | 8h | 0.06074 | +0.745% | $207K | $2.2M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06080 | +0.844% | $104K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06023 | −0.101% | $2K | $66K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06028 | −0.018% | $23K | $4.1M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06009 | −0.334% | $77K | $564K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.06108 | +1.309% | $43K | $228K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06031 | +0.032% | $742K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0257% | 1h | 0.06029 | long leg | $375K | $1.6M | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06022 | −0.115% | $115 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.06056 | +0.446% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1349% | 1h | 0.06021 | −0.127% | $103K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD