Funding you earn now, next payment 06:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.24 per $10,000 · paid last 24h −0.012%
Price spread now: Kraken Futures against Reya−0.098%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Kraken Futures is 0.098% cheaper against Reya than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 41 hours of funding at the current rate (+$6 a day). The two prices were read 48 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 | Reya SEIRUSDPERP | 0.06007 | 0.0346 | pay 0.0043% / 1h | 12m 35s | $115 | — | 20x |
| Short | Kraken Futures PF_SEIUSD | 0.06001 | 0.0536 | get 0.0067% / 1h | 12m 35s | $363K | $1.6M | 50x |
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Reya. 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
- $40.02
- Price spread: −0.098% → 0.000%
- −$9.82
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $14.2
- Costs to cover
- 0.160%
- Break-even
- 4.5 days
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 1 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 1 min ago | 6.66 bp | 20.3 bp −$20 | 48.8 bp −$488 | doesn't fit | doesn't fit |
Reya: 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 | −0.0137% | 8h | 0.05975 | −0.545% | $321K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05999 | −0.138% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0016% / S +0.0016% | 1h | 0.06000 | −0.124% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06012 | +0.079% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06014 | +0.109% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06012 | +0.071% | $314K | $360K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06007 | −0.004% | $14.5M | $126.6M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06002 | −0.088% | $14.3M | $34.5M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06002 | −0.088% | $3.4M | $36.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06008 | +0.012% | $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 | 0.06012 | +0.079% | $35.2M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06010 | +0.045% | $6.5M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06008 | +0.012% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06005 | −0.038% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06010 | +0.045% | $107K | $648K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05992 | −0.260% | $204K | $2.3M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05990 | −0.287% | $102K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06003 | −0.071% | $2K | $121K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06014 | +0.112% | $22K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06008 | +0.005% | $76K | $561K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0250% | 1h | 0.06005 | −0.038% | $379 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05990 | −0.287% | $43K | $229K | 50x | as long as short |
| Reya SEIRUSDPERPlong | +0.0346% | 1h | 0.06007 | long leg | $115 | — | 20x | |
| BloFin SEI-USDT | +0.0370% | 8h | 0.06008 | +0.012% | $721K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05994 | −0.221% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0536% | 1h | 0.06001 | −0.098% | $363K | $1.6M | 50x | |
| dYdX SEI-USD | +0.1250% | 1h | 0.06007 | 0.000% | $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
BloFin SEI-USDT
Injective SEI/USDC PERP
dYdX SEI-USD