Funding you earn now, next payment 05:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.063%
Price spread now: SunX against Kraken Futures+0.130%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$910.906% of the position
Funding, last 7 days−0.287%−$29 on $10k
+Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.130%, 7d avg +0.078%
=The price spread pays, funding is against you. SunX is 0.051% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of +0.078%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05962 | 0.0260 | pay 0.0032% / 1h | 59m 48s | $366K | $1.5M | 50x |
| Short | SunX SEI-USDT | 0.05970 | 0.0100 | get 0.0100% / 8h | 2h 59m | $22K | $4.0M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$33.51
- Price spread: +0.130% → +0.078%
- $5.12
- Slippage, 4 orders
- −$72.64
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$119.03
- Costs to cover
- 0.906%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; SunX: live order book, 9 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 | 8.40 bp | 20.8 bp −$21 | 62.5 bp −$625 | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 14.97 bp | 27.6 bp −$28 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0199% | 8h | 0.05948 | −0.240% | $322K | $185K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05962 | +0.004% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05963 | +0.012% | $377 | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0048% / S +0.0048% | 1h | 0.05963 | +0.009% | $6K | — | 100x | as long as short |
| Bybit SEIUSDT | +0.0063% | 8h | 0.05959 | −0.055% | $14.2M | $34.6M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05962 | −0.005% | $270K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05965 | +0.046% | $3.4M | $5.1M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05967 | +0.082% | $312K | $333K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05961 | −0.020% | $14.6M | $127.7M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05961 | −0.021% | $3.4M | $37.7M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.05957 | −0.088% | $1.1M | $3.2M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05956 | −0.105% | $34.3M | $29.0M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05959 | −0.055% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05964 | +0.029% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05958 | −0.072% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05961 | −0.021% | $103K | $631K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05979 | +0.281% | $204K | $2.2M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | −0.038% | $101K | $669K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05962 | −0.005% | $2K | $75K | 20x | as long as short |
| SunX SEI-USDTshort | +0.0100% | 8h | 0.05970 | +0.130% | $22K | $4.0M | 30x | |
| Extended SEI-USD | +0.0104% | 1h | 0.05955 | −0.115% | $82K | $562K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.05960 | −0.038% | $42K | $224K | 50x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0260% | 1h | 0.05962 | long leg | $366K | $1.5M | 50x | |
| BloFin SEI-USDT | +0.0263% | 8h | 0.05952 | −0.172% | $749K | $1.4M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05964 | +0.034% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.05929 | −0.558% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1253% | 1h | 0.05959 | −0.056% | $102K | $2K | 5x | as long as short |
Kraken Futures PF_SEIUSD
SunX SEI-USDT
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Injective SEI/USDC PERP