Funding you earn now, next payment 06:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h +0.059%
Price spread now: KuCoin against Coinbase International−0.516%51s7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as 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−$1911.912% of the position
Funding, last 7 days+0.597%+$60 on $10k
+Price spread, last 4 days (all we have)+0.817%+$82 · spread now −0.516%, 7d avg +0.088%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.604% cheaper against Coinbase International than usual: you would sell low and buy high (−$60 if the spread goes back to its 7-day average of +0.088%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.597%, so the current rate has only just turned against you. The two prices were read 51 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 | Coinbase International SEI-PERP-INTX | 0.06010 | 0.0272 | pay 0.0034% / 1h | 54m 23s | $43K | $230K | 50x |
| Short | KuCoin SEIUSDTM | 0.05979 | 0.0100 | get 0.0100% / 8h | 1h 54m | $6.5M | $14.4M | 75x |
Coinbase International SEI-PERP-INTX
KuCoin SEIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Coinbase International. 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
- −$36.12
- Price spread: −0.516% → +0.088%
- −$60.42
- Slippage, 4 orders
- −$169.22
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$287.76
- Costs to cover
- 1.912%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 53 min ago; KuCoin: live order book, 4 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 Coinbase International live order book, 53 min ago | 15.97 bp | 70.8 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.66 bp | 28.9 bp −$29 | 85.5 bp −$855 | 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 | −0.0131% | 8h | 0.05986 | −0.392% | $316K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05980 | −0.506% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0030% / S −0.0028% | 1h | 0.05979 | −0.522% | $3K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0084% | 1h | 0.05982 | −0.466% | $378 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05982 | −0.466% | $270K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05982 | −0.473% | $3.4M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05984 | −0.430% | $313K | $360K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05980 | −0.499% | $14.6M | $126.2M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05975 | −0.582% | $14.1M | $34.3M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05976 | −0.566% | $3.4M | $36.5M | 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
Bybit 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 | 0.05976 | −0.566% | $1.1M | $3.0M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05975 | −0.582% | $35.7M | $27.5M | 300x | as long as short |
| KuCoin SEIUSDTMshort | +0.0100% | 8h | 0.05979 | −0.516% | $6.5M | $14.4M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05981 | −0.483% | $9.7M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05979 | −0.516% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05990 | −0.333% | $107K | $647K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05999 | −0.183% | $203K | $2.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06000 | −0.166% | $102K | $671K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05980 | −0.499% | $2K | $137K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05985 | −0.416% | $23K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05975 | −0.584% | $76K | $558K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0272% | 1h | 0.06010 | long leg | $43K | $230K | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05978 | −0.532% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0350% | 1h | 0.05986 | −0.398% | $361K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0369% | 8h | 0.05990 | −0.333% | $735K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0402% | 1h | 0.06003 | −0.116% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.1455% | 1h | 0.05977 | −0.542% | $102K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
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
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Injective SEI/USDC PERP
dYdX SEI-USD