Funding you earn now, next payment 23:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h −0.146%
Price spread now: Coinbase International against Kraken Futures−0.410%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$830.826% of the position
Funding, last 7 days−0.756%−$76 on $10k
+Price spread, last 3 days (all we have)+0.137%+$14 · spread now −0.410%, 7d avg −0.079%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.331% cheaper against Kraken Futures than usual: you would sell low and buy high, −$33 on $10k if it goes back to its 7-day average of −0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05944 | 0.0323 | pay 0.0040% / 1h | 44m 57s | $372K | $1.6M | 50x |
| Short | Coinbase International SEI-PERP-INTX | 0.05920 | 0.0328 | get 0.0041% / 1h | 44m 57s | $33K | $208K | 50x |
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $1.13
- Price spread: −0.410% → −0.079%
- −$33.1
- Slippage, 4 orders
- −$62.62
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$114.6
- Costs to cover
- 0.826%
- Break-even
- 719.9 days
Slippage from Kraken Futures: live order book, 4 min ago; Coinbase International: live order book, 33 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, 4 min ago | 5.89 bp | 16.2 bp −$16 | 39.3 bp −$393 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 33 min ago | 11.90 bp | 30.2 bp −$30 | doesn't fit | 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 | 0.05942 | −0.048% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0020% | 8h | 0.05942 | −0.044% | $318K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05942 | −0.040% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05944 | −0.006% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05946 | +0.027% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05943 | −0.023% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05947 | +0.039% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05945 | +0.007% | $311K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05943 | −0.026% | $13.9M | $125.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05934 | −0.174% | $14.0M | $36.0M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
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 | 0.05937 | −0.124% | $3.1M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05942 | −0.040% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05942 | −0.040% | $29.1M | $25.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05942 | −0.040% | $6.3M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05942 | −0.040% | $9.3M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05939 | −0.090% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05944 | −0.006% | $119K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05946 | +0.033% | $204K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | −0.074% | $108K | $672K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05950 | +0.095% | $23K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05941 | −0.058% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05942 | −0.040% | $698K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0323% | 1h | 0.05944 | long leg | $372K | $1.6M | 50x | |
| Coinbase International SEI-PERP-INTXshort | +0.0328% | 1h | 0.05920 | −0.410% | $33K | $208K | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05942 | −0.036% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05936 | −0.141% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2841% | 1h | 0.05946 | +0.023% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD