Funding you earn now, next payment 07:00 UTC+0.0247%/8h= +27.0% APRpaid last 24h +0.061%
Price spread now: Kraken Futures against Orderly+0.029%7-day average +0.031% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.266%+$27 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.029%, 7d avg +0.031%
=The price spread sits at its 7-day average of +0.031%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SEI_USDC | 0.06035 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $2K | $160K | 20x |
| Short | Kraken Futures PF_SEIUSD | 0.06037 | 0.0347 | get 0.0043% / 1h | 23m 35s | $370K | $1.6M | 50x |
Orderly PERP_SEI_USDC
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Orderly. 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
- $51.87
- Price spread: +0.029% → +0.031%
- −$0.21
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $35.66
- Costs to cover
- 0.160%
- Break-even
- 2.2 days
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 5 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 5 min ago | 3.35 bp | 17.6 bp −$18 | 49.0 bp −$490 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0091% | 8h | 0.05995 | −0.655% | $314K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05999 | −0.603% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0052% / S −0.0093% | 1h | 0.06018 | −0.283% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06046 | +0.182% | $273K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06047 | +0.194% | $3.5M | $4.8M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06033 | −0.028% | $315K | $367K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06034 | −0.017% | $14.5M | $123.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06029 | −0.099% | $14.2M | $33.9M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06029 | −0.099% | $3.4M | $36.2M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06040 | +0.083% | $1.1M | $3.1M | 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 | 0.06038 | +0.050% | $36.4M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06048 | +0.215% | $6.6M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06034 | −0.017% | $9.8M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06038 | +0.050% | — | $31.4M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05978 | −0.944% | $212K | $2.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05970 | −1.077% | $101K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDClong | +0.0100% | 8h | 0.06035 | long leg | $2K | $160K | 20x | |
| SunX SEI-USDT | +0.0100% | 8h | 0.06023 | −0.199% | $23K | $3.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06037 | +0.025% | $76K | $375K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0207% | 1h | 0.06041 | +0.099% | $112K | $648K | 10x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0272% | 1h | 0.06030 | −0.083% | $43K | $232K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06002 | −0.554% | $115 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0347% | 1h | 0.06037 | +0.029% | $370K | $1.6M | 50x | |
| BloFin SEI-USDT | +0.0362% | 8h | 0.06016 | −0.315% | $732K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0402% | 1h | 0.06031 | −0.066% | $9K | $40K | 12x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0413% | 1h | 0.06037 | +0.033% | $381 | $72K | 25x | as long as short |
| dYdX SEI-USD | +0.2181% | 1h | 0.06041 | +0.098% | $103K | $2K | 5x | as long as short |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
Deribit SEI_USDC-PERPETUAL
dYdX SEI-USD