Funding you earn now, next payment 05:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.063%
Price spread now: Kraken Futures against Bybit+0.117%7-day average +0.075% · 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−$61as in the Price arb table
costs, in and out, $10k−$660.655% of the position
Funding, last 7 days+0.325%+$33 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.117%, 7d avg +0.075%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Kraken Futures is 0.041% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SEIUSDT | 0.06006 | 0.0053 | pay 0.0053% / 8h | 3h 21m | $14.3M | $35.1M | 50x |
| Short | Kraken Futures PF_SEIUSD | 0.06013 | 0.0257 | get 0.0032% / 1h | 21m 03s | $374K | $1.5M | 50x |
Bybit SEIUSDT
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- $42.82
- Price spread: +0.117% → +0.075%
- $4.14
- Slippage, 4 orders
- −$44.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$18.55
- Costs to cover
- 0.655%
- Break-even
- 10.0 days
Slippage from Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 0.83 bp | 14.1 bp −$14 | 32.7 bp −$327 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 4.99 bp | 16.7 bp −$17 | 59.9 bp −$599 | 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 | −0.0193% | 8h | 0.06005 | −0.017% | $321K | $186K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06009 | +0.058% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0046% / S +0.0067% | 1h | 0.06009 | +0.043% | $6K | — | 100x | as long as short |
| Bybit SEIUSDTlong | +0.0053% | 8h | 0.06006 | long leg | $14.3M | $35.1M | 50x | |
| Deribit SEI_USDC-PERPETUAL | +0.0083% | 1h | 0.06014 | +0.133% | $380 | $82K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06012 | +0.100% | $273K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06013 | +0.122% | $3.5M | $5.1M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06011 | +0.089% | $314K | $333K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06014 | +0.133% | $14.7M | $129.3M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06008 | +0.033% | $3.4M | $39.1M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06009 | +0.050% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06013 | +0.117% | $35.1M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06014 | +0.133% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06014 | +0.133% | $9.9M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06008 | +0.033% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06015 | +0.150% | $107K | $631K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06019 | +0.209% | $207K | $2.1M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06010 | +0.067% | $102K | $667K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06011 | +0.083% | $2K | $60K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06021 | +0.250% | $22K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06013 | +0.114% | $77K | $547K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.05994 | −0.200% | $43K | $219K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06013 | +0.117% | $744K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0257% | 1h | 0.06013 | +0.117% | $374K | $1.5M | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06020 | +0.232% | $115 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.06013 | +0.117% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1580% | 1h | 0.06003 | −0.051% | $102K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD