Funding you earn now, next payment 06:00 UTC−0.0127%/8h= −13.9% APRnext payment −$0.16 per $10,000 · paid last 24h +0.009%
Price spread now: Injective against Kraken Futures−0.245%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.193%−$219 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Injective is 0.245% cheaper against Kraken Futures than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05998 | 0.0537 | pay 0.0067% / 1h | 19m 06s | $369K | $1.6M | 50x |
| Short | Injective SEI/USDC PERP | 0.05983 | 0.0410 | get 0.0051% / 1h | 19m 06s | $9K | $43K | 12x |
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$26.65
- Price spread: −0.245% → 0.000%
- −$24.47
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$61.14
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
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 | 8.43 bp | 19.3 bp −$19 | 56.0 bp −$560 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0149% | 8h | 0.05959 | −0.637% | $320K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05994 | −0.061% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0015% / S +0.0019% | 1h | 0.05995 | −0.050% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06001 | +0.055% | $273K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06001 | +0.052% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06001 | +0.055% | $314K | $355K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05998 | 0.000% | $14.4M | $127.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05995 | −0.045% | $14.3M | $34.6M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05997 | −0.011% | $3.4M | $37.1M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05995 | −0.045% | $1.1M | $3.1M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.05995 | −0.045% | $35.1M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06001 | +0.055% | $6.5M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05998 | +0.005% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05997 | −0.011% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06002 | +0.072% | $107K | $648K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05942 | −0.928% | $203K | $2.3M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | −1.128% | $101K | $671K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05997 | −0.011% | $2K | $116K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06005 | +0.122% | $22K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05998 | +0.004% | $76K | $561K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0250% | 1h | 0.06000 | +0.039% | $379 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.06007 | +0.155% | $42K | $228K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05997 | −0.011% | $114 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0370% | 8h | 0.05995 | −0.045% | $725K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERPshort | +0.0410% | 1h | 0.05983 | −0.245% | $9K | $43K | 12x | |
| Kraken Futures PF_SEIUSDlong | +0.0537% | 1h | 0.05998 | long leg | $369K | $1.6M | 50x | |
| dYdX SEI-USD | +0.1223% | 1h | 0.05991 | −0.112% | $102K | $2K | 5x | as long as short |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
BloFin SEI-USDT
dYdX SEI-USD