Funding you earn now, next payment 23:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h −0.079%
Price spread now: Orderly against Kraken Futures−0.007%7-day average −0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 3 days (all we have)−0.082%−$8 · spread now −0.007%, 7d avg −0.030%
=The price spread pays, funding is against you. Orderly is 0.023% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.030%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05887 | 0.0190 | pay 0.0024% / 1h | 4m 48s | $372K | $1.6M | 50x |
| Short | Orderly PERP_SEI_USDC | 0.05887 | 0.0099 | get 0.0099% / 8h | 1h 04m | $2K | $110K | 20x |
Kraken Futures PF_SEIUSD
Orderly PERP_SEI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$19.05
- Price spread: −0.007% → −0.030%
- $2.29
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$32.76
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.
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 | 6.81 bp | 16.6 bp −$17 | 42.9 bp −$429 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.05886 | −0.019% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05887 | −0.008% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05889 | +0.027% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0001% | 8h | 0.05874 | −0.233% | $310K | $232K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05890 | +0.044% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDCshort | +0.0099% | 8h | 0.05887 | −0.007% | $2K | $110K | 20x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.05893 | +0.102% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05891 | +0.059% | $308K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05887 | −0.007% | $13.6M | $125.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05879 | −0.143% | $13.8M | $36.1M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
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 | 0.05881 | −0.109% | $3.0M | $39.6M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05885 | −0.041% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05887 | −0.007% | $28.8M | $26.2M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05888 | +0.010% | $6.7M | $14.1M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05889 | +0.027% | $9.3M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05887 | −0.007% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05889 | +0.027% | $118K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05876 | −0.194% | $208K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05880 | −0.126% | $107K | $665K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05898 | +0.180% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05887 | −0.001% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0190% | 1h | 0.05887 | long leg | $372K | $1.6M | 50x | |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05890 | +0.044% | $33K | $207K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05887 | −0.007% | $695K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05889 | +0.030% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05906 | +0.316% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2670% | 1h | 0.05888 | +0.013% | $100K | $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
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD