Funding you earn now, next payment 01:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.071%
Price spread now: Kraken Futures against Bitget+0.054%48s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as 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−$610.612% of the position
Funding, last 7 days+0.301%+$30 on $10k
+Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.054%, 7d avg +0.030%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.024% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.030%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SEIUSDT | 0.05912 | 0.0100 | pay 0.0100% / 8h | 7h 36m | $9.3M | $16.9M | 75x |
| Short | Kraken Futures PF_SEIUSD | 0.05915 | 0.0180 | get 0.0023% / 1h | 36m 26s | $365K | $1.6M | 50x |
Bitget SEIUSDT
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $16.84
- Price spread: +0.054% → +0.030%
- $2.41
- Slippage, 4 orders
- −$39.17
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$41.92
- Costs to cover
- 0.612%
- Break-even
- 24.4 days
Slippage from Bitget: 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 Bitget live order book, 2 min ago | 0.85 bp | 14.2 bp −$14 | 22.3 bp −$223 | 86.4 bp −$8,644 | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 3.39 bp | 18.9 bp −$19 | 47.0 bp −$470 | 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 | 0.05915 | +0.054% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0114% | 8h | 0.05902 | −0.176% | $316K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05915 | +0.051% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0088% | 1h | 0.05919 | +0.118% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05918 | +0.101% | $269K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05919 | +0.118% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05919 | +0.117% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05914 | +0.029% | $309K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05919 | +0.112% | $14.2M | $127.6M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05914 | +0.034% | $13.9M | $35.9M | 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-SWAP | +0.0100% | 4h | 0.05910 | −0.034% | $3.1M | $39.5M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05914 | +0.034% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05915 | +0.051% | $33.1M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05914 | +0.034% | $6.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDTlong | +0.0100% | 8h | 0.05912 | long leg | $9.3M | $16.9M | 75x | |
| BingX SEI-USDT | +0.0100% | 8h | 0.05916 | +0.068% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05917 | +0.085% | $116K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05900 | −0.203% | $206K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05900 | −0.203% | $107K | $672K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05925 | +0.220% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05910 | −0.034% | $75K | $575K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05916 | +0.068% | $34K | $205K | 50x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0180% | 1h | 0.05915 | +0.054% | $365K | $1.6M | 50x | |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05916 | +0.068% | $725K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05912 | −0.007% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05910 | −0.034% | $8K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1234% | 1h | 0.05912 | +0.002% | $101K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD