Funding you earn now, next payment 01:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h −0.035%
Price spread now: BloFin against Kraken Futures+0.142%57s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as 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−$660.657% of the position
Funding, last 7 days−0.195%−$20 on $10k
+Price spread, last 3 days (all we have)−0.157%−$16 · spread now +0.142%, 7d avg −0.005%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.147% dearer against Kraken Futures than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.195%, so the current rate has only just turned in your favour. 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 | Kraken Futures PF_SEIUSD | 0.05985 | 0.0178 | pay 0.0022% / 1h | 4m 07s | $370K | $1.6M | 50x |
| Short | BloFin SEI-USDT | 0.05993 | 0.0220 | get 0.0220% / 8h | 7h 04m | $729K | $1.3M | 75x |
Kraken Futures PF_SEIUSD
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $8.8
- Price spread: +0.142% → −0.005%
- $14.71
- Slippage, 4 orders
- −$43.68
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.16
- Costs to cover
- 0.657%
- Break-even
- 40.5 days
Slippage from Kraken Futures: live order book, 4 min ago; BloFin: live order book, 3 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, 4 min ago | 5.83 bp | 20.3 bp −$20 | 56.8 bp −$568 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 5.00 bp | 16.6 bp −$17 | 23.6 bp −$236 | 62.5 bp −$6,255 | 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 −0.0815% / S +0.0444% | 1h | 0.05991 | +0.103% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0115% | 8h | 0.05966 | −0.303% | $319K | $210K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05990 | +0.088% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05987 | +0.042% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05987 | +0.042% | $272K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05988 | +0.058% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05985 | +0.015% | $3.5M | $6.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05989 | +0.083% | $313K | $336K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05982 | −0.042% | $14.3M | $128.1M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05974 | −0.176% | $14.1M | $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 | 0.05974 | −0.176% | $3.2M | $39.8M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05985 | +0.008% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05982 | −0.042% | $35.6M | $28.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05988 | +0.058% | $6.3M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05983 | −0.025% | $9.4M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05981 | −0.059% | — | $33.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05983 | −0.025% | $118K | $561K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06008 | +0.395% | $213K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06010 | +0.426% | $109K | $675K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05994 | +0.159% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05983 | −0.018% | $76K | $540K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05998 | +0.225% | $34K | $208K | 50x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0178% | 1h | 0.05985 | long leg | $370K | $1.6M | 50x | |
| BloFin SEI-USDTshort | +0.0220% | 8h | 0.05993 | +0.142% | $729K | $1.3M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05987 | +0.050% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05968 | −0.276% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1032% | 1h | 0.05993 | +0.148% | $102K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
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
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD