Funding you earn now, next payment 08:00 UTC+0.0277%/8h= +30.3% APRnext payment +$2.77 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against KuCoin+0.115%80s7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as 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−$790.795% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.115%, 7d avg −0.014%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BloFin is 0.130% dearer against KuCoin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.014%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
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 +$2.77 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 | KuCoin SEIUSDTM | 0.06061 | 0.0100 | pay 0.0100% / 8h | 55m 59s | $6.7M | $14.4M | 75x |
| Short | BloFin SEI-USDT | 0.06068 | 0.0377 | get 0.0377% / 8h | 55m 59s | $745K | $1.4M | 75x |
KuCoin SEIUSDTM
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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
- $58.18
- Price spread: +0.115% → −0.014%
- $12.99
- Slippage, 4 orders
- −$55.5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$8.33
- Costs to cover
- 0.795%
- Break-even
- 8.0 days
Slippage from KuCoin: live order book, 3 min ago; BloFin: 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 KuCoin live order book, 3 min ago | 1.66 bp | 24.5 bp −$25 | 115.3 bp −$1,153 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.65 bp | 17.3 bp −$17 | 24.2 bp −$242 | 71.9 bp −$7,190 | 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 | −0.0083% | 8h | 0.06053 | −0.125% | $320K | $180K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06054 | −0.111% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06052 | −0.148% | $382 | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0075% / S −0.0162% | 1h | 0.06054 | −0.115% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06057 | −0.066% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06065 | +0.061% | $3.6M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06063 | +0.031% | $331K | $353K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06058 | −0.055% | $14.7M | $122.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06052 | −0.148% | $14.3M | $34.0M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06057 | −0.066% | $3.4M | $36.1M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]
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 | 0.06059 | −0.033% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06061 | 0.000% | $35.8M | $27.0M | 300x | as long as short |
| KuCoin SEIUSDTMlong | +0.0100% | 8h | 0.06061 | long leg | $6.7M | $14.4M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06058 | −0.049% | $9.9M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06058 | −0.049% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06060 | −0.016% | $112K | $653K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06045 | −0.264% | $213K | $2.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06060 | −0.016% | $100K | $670K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06051 | −0.165% | $2K | $190K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06077 | +0.264% | $23K | $3.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06054 | −0.111% | $77K | $417K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0254% | 1h | 0.06055 | −0.106% | $376K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0288% | 1h | 0.06080 | +0.313% | $44K | $235K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06055 | −0.091% | $116 | — | 20x | as long as short |
| BloFin SEI-USDTshort | +0.0377% | 8h | 0.06068 | +0.115% | $745K | $1.4M | 75x | |
| Injective SEI/USDC PERP | +0.0454% | 1h | 0.06091 | +0.495% | $9K | $39K | 12x | as long as short |
| dYdX SEI-USD | +0.1296% | 1h | 0.06068 | +0.122% | $104K | $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
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD