Funding you earn now, next payment 02:00 UTC+0.0277%/8h= +30.3% APRpaid last 24h +0.066%
Price spread now: Kraken Futures against OKX+0.113%45s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$700.702% of the position
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 3 days (all we have)−0.068%−$7 · spread now +0.113%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.073% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.039%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SEI-USDT-SWAP | 0.05944 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $3.2M | $39.9M | 50x |
| Short | Kraken Futures PF_SEIUSD | 0.05951 | 0.0377 | get 0.0047% / 1h | 25m 26s | $379K | $1.6M | 50x |
OKX SEI-USDT-SWAP
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $58.13
- Price spread: +0.113% → +0.039%
- $7.32
- Slippage, 4 orders
- −$50.2
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$4.74
- Costs to cover
- 0.702%
- Break-even
- 7.6 days
Slippage from OKX: live order book, 3 min ago; Kraken Futures: live order book, 3 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 OKX live order book, 3 min ago | 0.84 bp | 12.6 bp −$13 | 36.9 bp −$369 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 10.09 bp | 17.1 bp −$17 | 60.4 bp −$604 | doesn't fit | doesn't fit |
SEI on 26 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 −0.0815% / S +0.0444% | 1h | 0.05946 | +0.034% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0124% | 8h | 0.05942 | −0.042% | $318K | $208K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05946 | +0.041% | — | — | 150x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05948 | +0.067% | $34K | $206K | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05940 | −0.067% | $270K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05945 | +0.024% | $3.4M | $6.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05940 | −0.076% | $311K | $355K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05944 | +0.001% | $14.2M | $129.1M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05939 | −0.084% | $14.0M | $36.1M | 50x | as long as short |
| OKX SEI-USDT-SWAPlong | +0.0100% | 4h | 0.05944 | long leg | $3.2M | $39.9M | 50x |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Coinbase International SEI-PERP-INTX
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.05935 | −0.151% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05943 | −0.017% | $34.6M | $28.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05944 | 0.000% | $6.3M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05944 | 0.000% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05937 | −0.118% | — | $31.5M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05950 | +0.101% | $119K | $571K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05945 | +0.011% | $201K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | −0.404% | $108K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05949 | +0.084% | $2K | $98K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05955 | +0.185% | $23K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05939 | −0.091% | $79K | $546K | 25x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05942 | −0.033% | $113 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0377% | 1h | 0.05951 | +0.113% | $379K | $1.6M | 50x | |
| dYdX SEI-USD | +0.0559% | 1h | 0.05930 | −0.227% | $101K | $2K | 5x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0759% | 1h | 0.05953 | +0.151% | $10K | $72K | 25x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05941 | −0.050% | $9K | $43K | 12x | as long as short |
Gate SEI_USDT
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
Reya SEIRUSDPERP
dYdX SEI-USD
Deribit SEI_USDC-PERPETUAL
Injective SEI/USDC PERP