Funding you earn now, next payment 00:00 UTC+0.0222%/8h= +24.3% APRpaid last 24h +0.076%
Price spread now: Kraken Futures against OKX+0.127%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 3 days (all we have)−0.078%−$8 · spread now +0.127%, 7d avg +0.033%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.094% dearer against OKX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SEI-USDT-SWAP | 0.05952 | 0.0100 | pay 0.0050% / 4h | 41m 17s | $3.1M | $40.0M | 50x |
| Short | Kraken Futures PF_SEIUSD | 0.05960 | 0.0322 | get 0.0040% / 1h | 41m 17s | $368K | $1.6M | 50x |
OKX SEI-USDT-SWAP
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- $46.58
- Price spread: +0.127% → +0.033%
- $9.4
- Slippage, 4 orders
- −$44.37
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$8.38
- Costs to cover
- 0.644%
- Break-even
- 8.3 days
Slippage from OKX: live order book, 2 min ago; Kraken Futures: 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 OKX live order book, 2 min ago | 1.68 bp | 15.6 bp −$16 | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 5.89 bp | 19.6 bp −$20 | 48.7 bp −$487 | 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 | 0.05961 | +0.150% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0020% | 8h | 0.05942 | −0.172% | $318K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05962 | +0.168% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0086% | 1h | 0.05959 | +0.118% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05962 | +0.168% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05961 | +0.151% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05958 | +0.099% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05961 | +0.158% | $311K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05959 | +0.124% | $14.0M | $126.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05952 | 0.000% | $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-SWAPlong | +0.0100% | 4h | 0.05952 | long leg | $3.1M | $40.0M | 50x | |
| Gate SEI_USDT | +0.0100% | 8h | 0.05955 | +0.050% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05960 | +0.134% | $29.1M | $25.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05960 | +0.134% | $6.2M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05959 | +0.118% | $9.3M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05957 | +0.084% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05942 | −0.168% | $119K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05949 | −0.054% | $203K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | −0.202% | $108K | $672K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05948 | −0.067% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05957 | +0.079% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05964 | +0.202% | $710K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0322% | 1h | 0.05960 | +0.127% | $368K | $1.6M | 50x | |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05920 | −0.538% | $33K | $208K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05952 | +0.004% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05932 | −0.336% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2824% | 1h | 0.05939 | −0.219% | $101K | $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
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD