Settings8H · net · $10k
Funding arb · Price arb /

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0121%/8h= +13.2% APRnext payment +$0.15 per $10,000 · paid last 24h −0.014%
Price spread now: Kraken Futures against Reya+0.381%48s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.381% dearer against Reya than usual: you sell high and buy low: +$38 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SEIRUSDPERP0.060790.0346pay 0.0043% / 1h2m 20s$11620x
ShortKraken Futures PF_SEIUSD0.061020.0467get 0.0058% / 1h2m 20s$377K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Reya. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$25.36
Price spread: +0.381% → 0.000%
$38.14
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$47.5
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Reya: no order-book sample; Kraken Futures: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Kraken Futures live order book, 1 min ago5.74 bp16.2 bp −$1654.6 bp −$546doesn't fitdoesn't fit
Reya: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SEI−0.0166%8h0.06091+0.199%$331K$184Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06087+0.144%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06081+0.038%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]L +0.0009% / S +0.0162%1h0.06088+0.146%$7K100xas long as short
Lighter SEI+0.0096%1h0.06093+0.235%$277K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06084+0.092%$3.5M$5.7M5xas long as short
Aster SEIUSDT+0.0100%8h0.06092+0.214%$319K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.06088+0.153%$15.1M$130.2M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06079+0.005%$14.6M$36.2M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.06086+0.120%$3.4M$40.5M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06079+0.005%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06082+0.054%$35.6M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06081+0.038%$6.4M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06090+0.186%$9.9M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.06083+0.071%$31.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06104+0.416%$110K$604K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06107+0.467%$213K$1.8M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06110+0.515%$108K$666K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06087+0.137%$2K$84K20xas long as short
SunX SEI-USDT+0.0100%8h0.06088+0.153%$23K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06084+0.083%$77K$546K25xas long as short
Coinbase International SEI-PERP-INTX+0.0128%1h0.06109+0.499%$43K$222K50xas long as short
Injective SEI/USDC PERP+0.0156%1h0.06110+0.515%$9K$43K12xas long as short
BloFin SEI-USDT+0.0220%8h0.06103+0.400%$784K$1.2M75xas long as short
Reya SEIRUSDPERPlong+0.0346%1h0.06079long leg$11620x
Kraken Futures PF_SEIUSDshort+0.0467%1h0.06102+0.381%$377K$1.6M50x
dYdX SEI-USD+0.0706%1h0.06089+0.167%$104K$2K5xas long as short