Funding you earn now, next payment 06:00 UTC−0.0442%/8h= −48.4% APRpaid last 24h −0.061%
Price spread now: Binance against Kraken Futures+0.120%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$640.636% of the position
Funding, last 7 days−0.393%−$39 on $10k
+Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.120%, 7d avg −0.025%
=The price spread pays, funding is against you. Binance is 0.145% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.120% now, against its 7-day average of −0.025%): +$14 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 7 days (−0.393% in total) that is about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05937 | 0.0542 | pay 0.0068% / 1h | 30m 45s | $365K | $1.6M | 50x |
| Short | Binance SEIUSDT | 0.05944 | 0.0100 | get 0.0100% / 8h | 2h 30m | $14.3M | $127.3M | 75x |
Kraken Futures PF_SEIUSD
Binance SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- −$92.87
- Price spread: +0.120% → −0.025%
- $14.47
- Slippage, 4 orders
- −$43.56
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$141.97
- Costs to cover
- 0.636%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; Binance: live order book, 12 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 Kraken Futures live order book, 3 min ago | 7.58 bp | 21.3 bp −$21 | 53.7 bp −$537 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.84 bp | 13.1 bp −$13 | 25.1 bp −$251 | 104.8 bp −$10.5K | 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 | −0.0161% | 8h | 0.05932 | −0.083% | $318K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05937 | −0.007% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0012% / S +0.0027% | 1h | 0.05937 | −0.009% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05943 | +0.101% | $270K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05945 | +0.139% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05943 | +0.109% | $311K | $354K | 20x | as long as short |
| Binance SEIUSDTshort | +0.0100% | 8h | 0.05944 | +0.120% | $14.3M | $127.3M | 75x | |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05937 | 0.000% | $14.1M | $34.6M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05940 | +0.050% | $3.4M | $37.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05941 | +0.067% | $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
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 | 0.05943 | +0.101% | $34.1M | $27.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05943 | +0.101% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05942 | +0.084% | $9.7M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05941 | +0.067% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05944 | +0.117% | $106K | $645K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05935 | −0.029% | $212K | $2.3M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | −0.118% | $101K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05938 | +0.016% | $2K | $103K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05940 | +0.050% | $22K | $4.0M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05944 | +0.125% | $78K | $565K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0255% | 1h | 0.05941 | +0.067% | $375 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05944 | +0.117% | $41K | $225K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05941 | +0.068% | $113 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0370% | 8h | 0.05937 | 0.000% | $728K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05943 | +0.101% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0542% | 1h | 0.05937 | long leg | $365K | $1.6M | 50x | |
| dYdX SEI-USD | +0.1406% | 1h | 0.05924 | −0.227% | $101K | $2K | 5x | as long as short |
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
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
dYdX SEI-USD