Funding you earn now, next payment 23:00 UTC−0.0090%/8h= −9.8% APRpaid last 24h −0.079%
Price spread now: MEXC against Kraken Futures+0.080%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days−0.368%−$37 on $10k
+Price spread, last 3 days (all we have)−0.148%−$15 · spread now +0.080%, 7d avg −0.030%
=The price spread pays, funding is against you. MEXC is 0.110% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of −0.030%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05880 | 0.0190 | pay 0.0024% / 1h | 28m 50s | $372K | $1.6M | 50x |
| Short | MEXC SEI_USDT | 0.05885 | 0.0100 | get 0.0100% / 8h | 1h 28m | $28.5M | $26.1M | 300x |
Kraken Futures PF_SEIUSD
MEXC SEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$18.87
- Price spread: +0.080% → −0.030%
- $11
- Slippage, 4 orders
- −$26.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$43.89
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago | 2.55 bp | 14.4 bp −$14 | 41.5 bp −$415 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.85 bp | 3.1 bp −$3 | 9.5 bp −$95 | 47.9 bp −$4,786 | 93.4 bp −$46.7K |
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 | 0.05876 | −0.079% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05875 | −0.090% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05879 | −0.022% | $19K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0014% | 8h | 0.05881 | +0.008% | $314K | $228K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05888 | +0.131% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05879 | −0.022% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05889 | +0.143% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05886 | +0.097% | $307K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05888 | +0.124% | $13.7M | $126.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05879 | −0.022% | $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
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 | 0.05880 | −0.005% | $3.0M | $39.7M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05876 | −0.073% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDTshort | +0.0100% | 8h | 0.05885 | +0.080% | $28.5M | $26.1M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05881 | +0.012% | $6.7M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05887 | +0.114% | $9.3M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05883 | +0.046% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05883 | +0.046% | $119K | $562K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05872 | −0.139% | $201K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05890 | +0.165% | $107K | $667K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05888 | +0.131% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05884 | +0.062% | $74K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0190% | 1h | 0.05880 | long leg | $372K | $1.6M | 50x | |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05960 | +1.356% | $33K | $209K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05880 | −0.005% | $700K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05875 | −0.089% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05901 | +0.352% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2640% | 1h | 0.05886 | +0.091% | $100K | $2K | 5x | as long as short |
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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD