Funding you earn now, next payment 08:00 UTC−0.0269%/8h= −29.5% APRnext payment −$2.69 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against BloFin−0.068%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$810.814% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.068%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.082% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.69 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 | BloFin SEI-USDT | 0.05920 | 0.0369 | pay 0.0369% / 8h | 2h 26m | $724K | $1.4M | 75x |
| Short | KuCoin SEIUSDTM | 0.05916 | 0.0100 | get 0.0100% / 8h | 2h 26m | $6.4M | $14.5M | 75x |
BloFin SEI-USDT
KuCoin SEIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$56.53
- Price spread: −0.068% → +0.014%
- −$8.2
- Slippage, 4 orders
- −$57.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$146.08
- Costs to cover
- 0.814%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; KuCoin: live order book, 2 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 BloFin live order book, 1 min ago | 1.69 bp | 14.7 bp −$15 | 26.2 bp −$262 | 85.5 bp −$8,553 | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 0.84 bp | 22.5 bp −$22 | 62.9 bp −$629 | 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 SEI | −0.0161% | 8h | 0.05932 | +0.204% | $318K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05920 | 0.000% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0013% / S +0.0024% | 1h | 0.05919 | −0.010% | $3K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0088% | 1h | 0.05920 | 0.000% | $374 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05917 | −0.051% | $269K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05914 | −0.095% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05918 | −0.034% | $309K | $355K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05915 | −0.090% | $14.2M | $127.1M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05909 | −0.186% | $14.1M | $34.6M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05913 | −0.118% | $3.4M | $36.8M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.05910 | −0.169% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05915 | −0.084% | $33.9M | $27.6M | 300x | as long as short |
| KuCoin SEIUSDTMshort | +0.0100% | 8h | 0.05916 | −0.068% | $6.4M | $14.5M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05914 | −0.101% | $9.7M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05913 | −0.118% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05914 | −0.101% | $105K | $645K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05935 | +0.251% | $203K | $2.3M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.338% | $101K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05918 | −0.034% | $2K | $107K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05930 | +0.169% | $22K | $4.0M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05910 | −0.172% | $78K | $564K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05912 | −0.135% | $41K | $224K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05923 | +0.052% | $113 | — | 20x | as long as short |
| BloFin SEI-USDTlong | +0.0369% | 8h | 0.05920 | long leg | $724K | $1.4M | 75x | |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05923 | +0.051% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0544% | 1h | 0.05919 | −0.020% | $364K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1354% | 1h | 0.05915 | −0.084% | $101K | $2K | 5x | as long as short |
Gate SEI_USDT
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
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD