Funding you earn now, next payment 01:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.071%
Price spread now: KuCoin against Kraken Futures−0.027%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$770.773% of the position
Funding, last 7 days−0.175%−$17 on $10k
+Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.027%, 7d avg +0.009%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.036% cheaper against Kraken Futures than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05907 | 0.0180 | pay 0.0023% / 1h | 34m 01s | $364K | $1.6M | 50x |
| Short | KuCoin SEIUSDTM | 0.05905 | 0.0100 | get 0.0100% / 8h | 7h 34m | $6.1M | $14.3M | 75x |
Kraken Futures PF_SEIUSD
KuCoin SEIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$16.89
- Price spread: −0.027% → +0.009%
- −$3.59
- Slippage, 4 orders
- −$55.33
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$97.8
- Costs to cover
- 0.773%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; KuCoin: live order book, 5 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 | 3.39 bp | 15.3 bp −$15 | 39.0 bp −$390 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.85 bp | 20.7 bp −$21 | 67.9 bp −$679 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05903 | −0.063% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0105% | 8h | 0.05908 | +0.017% | $316K | $215K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L +0.0001% / S +0.0006% | 1h | 0.05904 | −0.045% | $4K | — | 150x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05908 | +0.024% | $269K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05906 | −0.010% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05910 | +0.064% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05910 | +0.058% | $309K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05911 | +0.073% | $14.3M | $127.4M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05905 | −0.027% | $13.9M | $35.8M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05907 | +0.007% | $3.1M | $39.5M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Lighter SEI
Orderly PERP_SEI_USDC
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 | 0.05904 | −0.044% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05910 | +0.058% | $33.1M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTMshort | +0.0100% | 8h | 0.05905 | −0.027% | $6.1M | $14.3M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05909 | +0.041% | $9.2M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05907 | +0.007% | — | $33.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05907 | +0.007% | $116K | $559K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05900 | −0.112% | $206K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | +0.227% | $108K | $671K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05914 | +0.125% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05907 | +0.008% | $75K | $575K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05904 | −0.044% | $34K | $204K | 50x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0180% | 1h | 0.05907 | long leg | $364K | $1.6M | 50x | |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05906 | −0.010% | $719K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05902 | −0.072% | $113 | — | 20x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0597% | 1h | 0.05909 | +0.041% | $10K | $72K | 25x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05942 | +0.599% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1250% | 1h | 0.05904 | −0.038% | $101K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Deribit SEI_USDC-PERPETUAL
Injective SEI/USDC PERP
dYdX SEI-USD