A crypto derivatives contract is an agreement between a buyer and a seller that represents opposite views on the future value of a cryptocurrency. Traders use derivatives to take a view on future price changes of a digital currency by taking long or short positions.
Sei derivatives contracts track the spot market price of SEI, allowing traders to gain market exposure to the Sei price without having to hold the underlying digital asset.
Individual traders and institutional investors who hold Sei can use crypto derivatives to hedge against spot price fluctuations and safeguard against volatile price swings.
If you have an Intermediate or Pro verified Kraken account, you can start trading Sei derivatives on Kraken Derivatives today. Open the Kraken Derivatives platform, transfer funds to your derivatives wallet, and submit a Buy/Long or Sell/Short order depending on your view of the market.
Note: Kraken Derivatives is currently not available to clients in the US and other countries.
Check your eligibility here.
Traders can “go long” on Sei using derivatives contracts when they believe the price of the underlying asset will increase. The strategy is to buy low, then sell when the price moves up.
To open a long derivatives position with supported assets on Kraken Derivatives:
- Transfer funds to Kraken Derivatives, then fund your derivatives wallet with your choice of fiat, stablecoins and/or crypto to collateralize your position.
- Return to the trading page and select Buy/Long from the market selector. Set the parameters of your trade (e.g., limit price, quantity).
- Click the “Place Buy Order” button in the order form.
Traders can “go short” on Sei using derivatives contracts when they believe the price of the underlying asset will decrease. Their strategy is to sell high, then buy when the price moves down.
To open a short derivatives position:
- Transfer funds to Kraken Derivatives, then fund your derivatives wallet with your choice of fiat, stablecoins and/or crypto to collateralize your position.
- Return to the trading page and select Sell/Short from the order form. Set the parameters of your trade (e.g., limit price, quantity).
- Click the “Place Sell Order” button in the order form.








