Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: KuCoin against Backpack+0.235%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$750.754% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.235%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.260% dearer against Backpack than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SEI_USDC_PERP | 0.05953 | 0.0100 | pay 0.0013% / 1h | 35m 20s | $106K | $642K | 10x |
| Short | KuCoin SEIUSDTM | 0.05967 | 0.0100 | get 0.0100% / 8h | 2h 35m | $6.5M | $14.5M | 75x |
Backpack SEI_USDC_PERP
KuCoin SEIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Backpack. 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
- $0
- Price spread: +0.235% → −0.025%
- $25.98
- Slippage, 4 orders
- −$53.36
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$49.37
- Costs to cover
- 0.754%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 14 min ago; KuCoin: live order book, 8 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 Backpack live order book, 14 min ago | 0.84 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 2.53 bp | 19.8 bp −$20 | 64.1 bp −$641 | 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 | −0.0169% | 8h | 0.05944 | −0.158% | $319K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05959 | +0.101% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0012% / S +0.0029% | 1h | 0.05958 | +0.087% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05964 | +0.185% | $271K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05972 | +0.314% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05961 | +0.133% | $312K | $351K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05960 | +0.120% | $14.3M | $127.2M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05958 | +0.084% | $14.2M | $34.5M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05954 | +0.017% | $3.4M | $37.1M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05963 | +0.168% | $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 | 0.05965 | +0.202% | $34.2M | $27.5M | 300x | as long as short |
| KuCoin SEIUSDTMshort | +0.0100% | 8h | 0.05967 | +0.235% | $6.5M | $14.5M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05962 | +0.151% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05959 | +0.101% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERPlong | +0.0100% | 1h | 0.05953 | long leg | $106K | $642K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05946 | −0.117% | $211K | $2.2M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | −0.050% | $101K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05962 | +0.151% | $2K | $99K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05977 | +0.403% | $22K | $4.0M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05962 | +0.154% | $79K | $565K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0253% | 1h | 0.05965 | +0.202% | $377 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05960 | +0.118% | $42K | $225K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05969 | +0.266% | $114 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0367% | 8h | 0.05966 | +0.218% | $736K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05942 | −0.185% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0540% | 1h | 0.05960 | +0.116% | $368K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1493% | 1h | 0.05962 | +0.152% | $102K | $2K | 5x | as long as short |
MEXC SEI_USDT
Bitget SEIUSDT
BingX SEI-USDT
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
Kraken Futures PF_SEIUSD
dYdX SEI-USD