Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against BloFin+0.236%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1as in the Price arb table
costs, in and out, $10k−$270.271% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)−0.257%−$26 · spread now +0.236%, 7d avg −0.028%
=The price spread pays, funding is against you. MEXC is 0.263% dearer against BloFin than usual: you sell high and buy low (spread +0.236% now, against its 7-day average of −0.028%): +$26 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 7.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SEI-USDT | 0.05937 | 0.0220 | pay 0.0220% / 8h | 2h 26m | $711K | $1.3M | 75x |
| Short | MEXC SEI_USDT | 0.05951 | 0.0100 | get 0.0100% / 8h | 2h 26m | $29.6M | $26.8M | 300x |
BloFin SEI-USDT
MEXC SEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$25.2
- Price spread: +0.236% → −0.028%
- $26.34
- Slippage, 4 orders
- −$15.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$25.94
- Costs to cover
- 0.271%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 1 min ago; MEXC: live order book, 2 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 BloFin live order book, 1 min ago | 0.84 bp | 9.2 bp −$9 | 17.6 bp −$176 | 67.6 bp −$6,761 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.84 bp | 3.5 bp −$3 | 11.7 bp −$117 | 50.2 bp −$5,024 | 85.6 bp −$42.8K |
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 | 0.05942 | +0.086% | $23K | — | 100x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.387% | $33K | $210K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05941 | +0.074% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05944 | +0.118% | $20K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0037% | 8h | 0.05929 | −0.131% | $315K | $240K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05953 | +0.269% | $268K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05943 | +0.101% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05955 | +0.301% | $3.5M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05945 | +0.130% | $311K | $371K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05950 | +0.219% | $13.9M | $128.3M | 75x | as long as short |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Variational Omni SEI
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05941 | +0.067% | $14.0M | $36.5M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05943 | +0.101% | $3.0M | $40.4M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05943 | +0.101% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDTshort | +0.0100% | 8h | 0.05951 | +0.236% | $29.6M | $26.8M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05951 | +0.236% | $7.1M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05948 | +0.185% | $9.4M | $17.2M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05945 | +0.135% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05945 | +0.135% | $118K | $564K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05927 | −0.168% | $200K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.051% | $108K | $669K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05946 | +0.152% | $23K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05945 | +0.132% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0213% | 1h | 0.05943 | +0.103% | $377K | $1.7M | 50x | as long as short |
| BloFin SEI-USDTlong | +0.0220% | 8h | 0.05937 | long leg | $711K | $1.3M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05936 | −0.025% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05963 | +0.438% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2108% | 1h | 0.05947 | +0.164% | $101K | $2K | 5x | as long as short |
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate 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
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD