Funding you earn now, next payment 05:00 UTC−0.0037%/8h= −4.0% APRpaid last 24h −0.027%
Price spread now: BloFin against Kraken Futures+0.105%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$650.651% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.105%, 7d avg −0.007%
=The price spread pays, funding is against you. BloFin is 0.112% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of −0.007%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.218% in total) that is about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.06027 | 0.0257 | pay 0.0032% / 1h | 18m 31s | $370K | $1.5M | 50x |
| Short | BloFin SEI-USDT | 0.06033 | 0.0220 | get 0.0220% / 8h | 3h 18m | $752K | $1.3M | 75x |
Kraken Futures PF_SEIUSD
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- −$7.72
- Price spread: +0.105% → −0.007%
- $11.18
- Slippage, 4 orders
- −$43.12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.67
- Costs to cover
- 0.651%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; BloFin: live order book, 4 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 Kraken Futures live order book, 5 min ago | 4.99 bp | 22.0 bp −$22 | 53.0 bp −$530 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.83 bp | 12.2 bp −$12 | 21.0 bp −$210 | 56.9 bp −$5,691 | 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 | −0.0193% | 8h | 0.06005 | −0.361% | $321K | $186K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06100 | +1.224% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0046% / S +0.0065% | 1h | 0.06017 | −0.156% | $6K | — | 100x | as long as short |
| Bybit SEIUSDT | +0.0062% | 8h | 0.06074 | +0.785% | $14.5M | $35.2M | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0082% | 1h | 0.06024 | −0.045% | $380 | $82K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06074 | +0.785% | $276K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06088 | +1.016% | $3.5M | $5.1M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06069 | +0.694% | $317K | $333K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06080 | +0.885% | $14.9M | $129.2M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06080 | +0.885% | $3.5M | $39.5M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.06070 | +0.719% | $1.1M | $3.2M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06095 | +1.134% | $35.5M | $28.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06096 | +1.150% | $6.6M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06096 | +1.150% | $10.1M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06064 | +0.619% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06044 | +0.287% | $107K | $630K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06012 | −0.244% | $207K | $2.1M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06010 | −0.277% | $102K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06020 | −0.111% | $2K | $60K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06022 | −0.078% | $23K | $4.1M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06065 | +0.633% | $77K | $547K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.06020 | −0.111% | $43K | $220K | 50x | as long as short |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.06033 | +0.105% | $752K | $1.3M | 75x | |
| Kraken Futures PF_SEIUSDlong | +0.0257% | 1h | 0.06027 | long leg | $370K | $1.5M | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06095 | +1.138% | $116 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.06027 | +0.005% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1536% | 1h | 0.06071 | +0.734% | $104K | $2K | 5x | 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
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD