Funding you earn now, next payment 08:00 UTC+0.0195%/8h= +21.3% APRnext payment +$1.95 per $10,000 · paid last 24h +0.031%
Price spread now: KuCoin against Variational Omni+0.022%7-day average +0.134% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)−0.572%−$57 · spread now +0.022%, 7d avg +0.134%
=Together, before fees−0.532%+ Points / potential airdropVariational Omni: Active · farm board−$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.112% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.134%). If the spread goes back, that is −$11 on $10k: about 46 hours of funding at the current rate (+$6 a day). At the pace of the last 4 days (+0.040% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.040% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SEI | 0.06132 | −0.0095 | get 0.0095% / 8h | 1m 14s | $324K | $175K | — |
| Short | KuCoin SEIUSDTM | 0.06133 | 0.0100 | get 0.0100% / 8h | 1m 14s | $6.9M | $14.5M | 75x |
Variational Omni SEI
KuCoin SEIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Variational Omni. 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
- $40.85
- Price spread: +0.022% → +0.134%
- −$11.19
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $17.66
- Costs to cover
- 0.120%
- Break-even
- 4.0 days
Slippage unknown: Variational Omni: RFQ quote, 38 min ago; KuCoin: live order book, 7 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 Variational Omni RFQ quote, 38 min ago | 4.11 bp | doesn't fit | 41.9 bp −$419 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 2.43 bp | 17.2 bp −$17 | 50.6 bp −$506 | 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 SEIlong | −0.0095% | 8h | 0.06132 | long leg | $324K | $175K | — | |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06131 | −0.013% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06132 | +0.005% | $387 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06133 | +0.022% | $278K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06138 | +0.102% | $3.8M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06137 | +0.080% | $336K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06134 | +0.044% | $14.8M | $122.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06126 | −0.093% | $14.6M | $34.2M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06130 | −0.027% | $3.5M | $36.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06127 | −0.076% | $1.1M | $3.2M | 75x | as long as short |
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
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 | 0.06133 | +0.022% | $37.9M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTMshort | +0.0100% | 8h | 0.06133 | +0.022% | $6.9M | $14.5M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06131 | −0.011% | $9.8M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06129 | −0.044% | — | $16.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06135 | +0.054% | $118K | $671K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06138 | +0.103% | $217K | $2.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06130 | −0.027% | $102K | $675K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06130 | −0.027% | $2K | $236K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06136 | +0.071% | $23K | $3.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06130 | −0.035% | $73K | $434K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06134 | +0.038% | $746K | $1.6M | 75x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0240% / S −0.1998% | 1h | 0.06131 | −0.017% | $12K | — | 100x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0251% | 1h | 0.06132 | +0.006% | $379K | $1.7M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0288% | 1h | 0.06131 | −0.011% | $68K | $266K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06130 | −0.033% | $117 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0454% | 1h | 0.06126 | −0.093% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.0622% | 1h | 0.06130 | −0.021% | $105K | $2K | 5x | as long as short |
MEXC SEI_USDT
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
BloFin SEI-USDT
GMX SEI/USD [ETH-USDC]
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD