Funding you earn now, next payment 01:00 UTC−0.0082%/8h= −8.9% APRpaid last 24h −0.071%
Price spread now: OKX against Kraken Futures−0.213%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 7 days−0.240%−$24 on $10k
+Price spread, last 3 days (all we have)+0.165%+$16 · spread now −0.213%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.180% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05872 | 0.0182 | pay 0.0023% / 1h | 52m 10s | $360K | $1.6M | 50x |
| Short | OKX SEI-USDT-SWAP | 0.05859 | 0.0100 | get 0.0050% / 4h | 3h 52m | $3.1M | $39.4M | 50x |
Kraken Futures PF_SEIUSD
OKX SEI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$17.12
- Price spread: −0.213% → −0.033%
- −$18.05
- Slippage, 4 orders
- −$45.63
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$100.8
- Costs to cover
- 0.656%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago | 3.40 bp | 17.9 bp −$18 | 59.7 bp −$597 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.85 bp | 13.9 bp −$14 | 34.8 bp −$348 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05878 | +0.109% | $23K | — | 100x | as long as short |
| Gate SEI_USDT | −0.0282% | 8h | 0.05863 | −0.145% | $1.1M | $3.4M | 75x | as long as short |
| Bybit SEIUSDT | −0.0217% | 8h | 0.05857 | −0.247% | $13.9M | $36.0M | 50x | as long as short |
| Variational Omni SEI | −0.0105% | 8h | 0.05922 | +0.855% | $316K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05878 | +0.109% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05866 | −0.094% | $9K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05875 | +0.059% | $264K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05873 | +0.025% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05867 | −0.075% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05874 | +0.040% | $307K | $349K | 20x | as long as short |
GMX SEI/USD [ETH-USDC]
Gate SEI_USDT
Bybit SEIUSDT
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SEIUSDT | +0.0100% | 8h | 0.05867 | −0.075% | $14.4M | $127.6M | 75x | as long as short |
| OKX SEI-USDT-SWAPshort | +0.0100% | 4h | 0.05859 | −0.213% | $3.1M | $39.4M | 50x | |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05867 | −0.077% | $33.1M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05871 | −0.009% | $6.0M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05862 | −0.162% | $9.2M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05859 | −0.213% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05866 | −0.094% | $115K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05912 | +0.693% | $204K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | +0.826% | $108K | $675K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05886 | +0.247% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05870 | −0.026% | $78K | $486K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05888 | +0.281% | $33K | $204K | 50x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0182% | 1h | 0.05872 | long leg | $360K | $1.6M | 50x | |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05888 | +0.281% | $723K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05880 | +0.142% | $112 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0682% | 1h | 0.05883 | +0.195% | $100K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05915 | +0.741% | $8K | $43K | 12x | as long as short |
Binance SEIUSDT
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
BloFin SEI-USDT
Reya SEIRUSDPERP
dYdX SEI-USD
Injective SEI/USDC PERP