Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Backpack against KuCoin−0.252%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$710.710% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.294%+$29 · spread now −0.252%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.275% cheaper against KuCoin than usual: you would sell low and buy high, −$28 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SEIUSDTM | 0.05949 | 0.0100 | pay 0.0100% / 8h | 30m 16s | $6.2M | $14.3M | 75x |
| Short | Backpack SEI_USDC_PERP | 0.05934 | 0.0100 | get 0.0013% / 1h | 30m 16s | $117K | $564K | 10x |
KuCoin SEIUSDTM
Backpack SEI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against KuCoin. 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
- $0
- Price spread: −0.252% → +0.023%
- −$27.54
- Slippage, 4 orders
- −$48.97
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$98.51
- Costs to cover
- 0.710%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Backpack: live order book, 49 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 KuCoin live order book, 3 min ago | 0.84 bp | 21.0 bp −$21 | 90.3 bp −$903 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 49 min ago | 0.85 bp | 9.1 bp −$9 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05949 | +0.003% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0045% | 8h | 0.05928 | −0.356% | $317K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05949 | +0.001% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0086% | 1h | 0.05956 | +0.118% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05952 | +0.050% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05952 | +0.050% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05954 | +0.087% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05949 | −0.003% | $311K | $363K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05951 | +0.034% | $14.1M | $126.2M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05943 | −0.101% | $14.0M | $36.0M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05947 | −0.034% | $3.1M | $40.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05945 | −0.067% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05950 | +0.017% | $35.2M | $26.2M | 300x | as long as short |
| KuCoin SEIUSDTMlong | +0.0100% | 8h | 0.05949 | long leg | $6.2M | $14.3M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05953 | +0.067% | $9.4M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05947 | −0.034% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERPshort | +0.0100% | 1h | 0.05934 | −0.252% | $117K | $564K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05939 | −0.162% | $203K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | −0.151% | $108K | $673K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05955 | +0.101% | $23K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05952 | +0.049% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05933 | −0.269% | $710K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0322% | 1h | 0.05952 | +0.054% | $370K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05923 | −0.437% | $33K | $207K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05948 | −0.012% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05926 | −0.387% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.2435% | 1h | 0.05934 | −0.251% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD