Funding you earn now, next payment 07:00 UTC−0.0251%/8h= −27.5% APRpaid last 24h −0.061%
Price spread now: KuCoin against Kraken Futures−0.123%52s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$850.845% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.123%, 7d avg +0.005%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.128% cheaper against Kraken Futures than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.005%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05961 | 0.0351 | pay 0.0044% / 1h | 38m 30s | $366K | $1.6M | 50x |
| Short | KuCoin SEIUSDTM | 0.05954 | 0.0100 | get 0.0100% / 8h | 1h 38m | $6.5M | $14.4M | 75x |
Kraken Futures PF_SEIUSD
KuCoin SEIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$52.79
- Price spread: −0.123% → +0.005%
- −$12.82
- Slippage, 4 orders
- −$62.54
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$150.14
- Costs to cover
- 0.845%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; KuCoin: live order book, 10 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 | 5.03 bp | 18.9 bp −$19 | 51.0 bp −$510 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 1.67 bp | 20.1 bp −$20 | 64.9 bp −$649 | 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 | −0.0118% | 8h | 0.05967 | +0.102% | $311K | $178K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05947 | −0.241% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0040% / S −0.0056% | 1h | 0.05958 | −0.048% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05955 | −0.107% | $270K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05951 | −0.174% | $3.4M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05953 | −0.147% | $311K | $367K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05950 | −0.186% | $14.4M | $125.3M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05945 | −0.274% | $14.0M | $34.2M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05944 | −0.291% | $3.3M | $36.1M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05950 | −0.191% | $1.1M | $3.0M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.05950 | −0.191% | $35.5M | $27.6M | 300x | as long as short |
| KuCoin SEIUSDTMshort | +0.0100% | 8h | 0.05954 | −0.123% | $6.5M | $14.4M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05950 | −0.191% | $9.6M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05947 | −0.241% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05961 | −0.006% | $107K | $647K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05971 | +0.164% | $206K | $2.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05970 | +0.145% | $101K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05958 | −0.056% | $2K | $143K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05972 | +0.179% | $22K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05951 | −0.182% | $76K | $560K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0253% | 1h | 0.05962 | +0.011% | $376 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0272% | 1h | 0.05980 | +0.313% | $43K | $230K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05959 | −0.039% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0351% | 1h | 0.05961 | long leg | $366K | $1.6M | 50x | |
| BloFin SEI-USDT | +0.0366% | 8h | 0.05962 | +0.011% | $733K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0402% | 1h | 0.05978 | +0.279% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.1758% | 1h | 0.05952 | −0.152% | $102K | $2K | 5x | as long as short |
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
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
dYdX SEI-USD