Funding you earn now, next payment 07:00 UTC−0.0016%/8h= −1.7% APRpaid last 24h +0.025%
Price spread now: Kraken Futures against BloFin+0.113%57s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as 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−$570.567% of the position
Funding, last 7 days+0.234%+$23 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.113%, 7d avg +0.010%
=The price spread pays, funding is against you. Kraken Futures is 0.103% dearer against BloFin than usual: you sell high and buy low (spread +0.113% now, against its 7-day average of +0.010%): +$10 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 22 days. Mind the row above: over the last 7 days funding on this pair paid +0.234%, so the current rate has only just turned against you. The two prices were read 57 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 | BloFin SEI-USDT | 0.05955 | 0.0367 | pay 0.0367% / 8h | 1h 28m | $730K | $1.4M | 75x |
| Short | Kraken Futures PF_SEIUSD | 0.05962 | 0.0351 | get 0.0044% / 1h | 28m 00s | $366K | $1.6M | 50x |
BloFin SEI-USDT
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- −$3.26
- Price spread: +0.113% → +0.010%
- $10.28
- Slippage, 4 orders
- −$34.66
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$49.64
- Costs to cover
- 0.567%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Kraken Futures: live order book, just now.
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 BloFin live order book, 5 min ago | 0.84 bp | 9.7 bp −$10 | 19.2 bp −$192 | 64.4 bp −$6,438 | doesn't fit |
| Sell Kraken Futures live order book, just now | 3.35 bp | 17.6 bp −$18 | 49.0 bp −$490 | 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 | −0.0103% | 8h | 0.05940 | −0.244% | $310K | $177K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05955 | 0.000% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0049% / S −0.0083% | 1h | 0.05961 | +0.101% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05966 | +0.185% | $270K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05967 | +0.200% | $3.4M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05963 | +0.132% | $312K | $367K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05969 | +0.228% | $14.4M | $124.2M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05963 | +0.134% | $14.1M | $33.9M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05964 | +0.151% | $3.3M | $35.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05963 | +0.134% | $1.1M | $3.0M | 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 | 0.05964 | +0.151% | $35.5M | $27.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05967 | +0.202% | $6.5M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05969 | +0.235% | $9.7M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05965 | +0.168% | — | $31.4M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05947 | −0.134% | $201K | $2.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | −0.084% | $101K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05960 | +0.084% | $2K | $153K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05967 | +0.202% | $23K | $3.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05963 | +0.136% | $76K | $447K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0162% | 1h | 0.05967 | +0.202% | $111K | $648K | 10x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0253% | 1h | 0.05965 | +0.168% | $377 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0272% | 1h | 0.05980 | +0.420% | $43K | $230K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05956 | +0.018% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0351% | 1h | 0.05962 | +0.113% | $366K | $1.6M | 50x | |
| BloFin SEI-USDTlong | +0.0367% | 8h | 0.05955 | long leg | $730K | $1.4M | 75x | |
| Injective SEI/USDC PERP | +0.0402% | 1h | 0.05965 | +0.168% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.2062% | 1h | 0.05945 | −0.169% | $101K | $2K | 5x | as long as short |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD