Funding you earn now, next payment 23:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h −0.080%
Price spread now: Gate against Kraken Futures−0.046%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$730.731% of the position
Funding, last 7 days−0.307%−$31 on $10k
+Price spread, last 3 days (all we have)+0.060%+$6 · spread now −0.046%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.022% cheaper against Kraken Futures than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05894 | 0.0189 | pay 0.0024% / 1h | 58m 30s | $373K | $1.6M | 50x |
| Short | Gate SEI_USDT | 0.05891 | 0.0100 | get 0.0100% / 8h | 1h 58m | $1.1M | $3.5M | 75x |
Kraken Futures PF_SEIUSD
Gate SEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$18.78
- Price spread: −0.046% → −0.024%
- −$2.17
- Slippage, 4 orders
- −$48.11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$94.07
- Costs to cover
- 0.731%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Gate: 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 | 6.77 bp | 15.4 bp −$15 | 38.8 bp −$388 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 6.78 bp | 18.0 bp −$18 | 52.2 bp −$522 | 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 | 0.05895 | +0.024% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05895 | +0.027% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05892 | −0.029% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0023% | 8h | 0.05894 | +0.010% | $313K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05891 | −0.046% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05892 | −0.029% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05896 | +0.034% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05896 | +0.042% | $308K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05893 | −0.010% | $13.6M | $126.6M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05885 | −0.148% | $13.9M | $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 | 0.05887 | −0.114% | $3.0M | $39.8M | 50x | as long as short |
| Gate SEI_USDTshort | +0.0100% | 8h | 0.05891 | −0.046% | $1.1M | $3.5M | 75x | |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05892 | −0.029% | $29.0M | $25.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05892 | −0.029% | $6.9M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05890 | −0.063% | $9.3M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05890 | −0.063% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05893 | −0.012% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05898 | +0.072% | $209K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05900 | +0.107% | $107K | $669K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05905 | +0.192% | $22K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05891 | −0.049% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0189% | 1h | 0.05894 | long leg | $373K | $1.6M | 50x | |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05960 | +1.125% | $33K | $209K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05893 | −0.012% | $706K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05891 | −0.044% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05923 | +0.497% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2536% | 1h | 0.05890 | −0.067% | $100K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD