Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Backpack−0.102%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$640.642% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.102%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.081% cheaper against Backpack than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SEI_USDC_PERP | 0.05878 | 0.0100 | pay 0.0013% / 1h | 13m 34s | $118K | $564K | 10x |
| Short | KuCoin SEIUSDTM | 0.05872 | 0.0100 | get 0.0100% / 8h | 1h 13m | $6.6M | $14.1M | 75x |
Backpack SEI_USDC_PERP
KuCoin SEIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Backpack. 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: −0.102% → −0.021%
- −$8.09
- Slippage, 4 orders
- −$42.22
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$72.31
- Costs to cover
- 0.642%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 5 min ago; KuCoin: live order book, 5 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 Backpack live order book, 5 min ago | 0.85 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.85 bp | 25.9 bp −$26 | 68.8 bp −$688 | 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 | 0.05874 | −0.075% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05871 | −0.122% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05876 | −0.034% | $19K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0005% | 8h | 0.05867 | −0.191% | $310K | $232K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05875 | −0.051% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05874 | −0.068% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05874 | −0.075% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05876 | −0.031% | $307K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05872 | −0.102% | $13.6M | $125.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05866 | −0.204% | $13.8M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
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 | 0.05866 | −0.204% | $3.0M | $39.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05871 | −0.119% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05872 | −0.102% | $28.6M | $26.1M | 300x | as long as short |
| KuCoin SEIUSDTMshort | +0.0100% | 8h | 0.05872 | −0.102% | $6.6M | $14.1M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05872 | −0.102% | $9.2M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05870 | −0.136% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERPlong | +0.0100% | 1h | 0.05878 | long leg | $118K | $564K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05872 | −0.102% | $208K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05870 | −0.136% | $107K | $665K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05882 | +0.068% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05869 | −0.152% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0190% | 1h | 0.05878 | +0.002% | $371K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05879 | +0.017% | $33K | $206K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05882 | +0.068% | $697K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05869 | −0.150% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05869 | −0.153% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2645% | 1h | 0.05878 | +0.002% | $100K | $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
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD