Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Backpack against MEXC+0.051%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Funding, last 7 days+0.244%+$24 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.051%, 7d avg +0.063%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SEI_USDT | 0.05916 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $34.0M | $27.5M | 300x |
| Short | Backpack SEI_USDC_PERP | 0.05919 | 0.0100 | get 0.0013% / 1h | 39m 09s | $104K | $639K | 10x |
MEXC SEI_USDT
Backpack SEI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against MEXC. 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
- $0
- Price spread: +0.051% → +0.063%
- −$1.28
- Slippage, 4 orders
- −$22.94
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$34.21
- Costs to cover
- 0.329%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Backpack: live order book, 10 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 MEXC live order book, 5 min ago | 2.53 bp | 6.8 bp −$7 | 17.8 bp −$178 | 61.7 bp −$6,166 | 97.2 bp −$48.6K |
| Sell Backpack live order book, 10 min ago | 0.84 bp | 10.8 bp −$11 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0179% | 8h | 0.05911 | −0.084% | $317K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05916 | −0.005% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0011% / S +0.0031% | 1h | 0.05916 | −0.002% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05917 | +0.017% | $269K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05918 | +0.030% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05919 | +0.055% | $310K | $351K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05915 | −0.017% | $14.3M | $127.1M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05911 | −0.085% | $14.0M | $34.5M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05912 | −0.068% | $3.4M | $36.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05913 | −0.051% | $1.1M | $3.1M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDTlong | +0.0100% | 8h | 0.05916 | long leg | $34.0M | $27.5M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05918 | +0.034% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05916 | 0.000% | $9.7M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05914 | −0.034% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERPshort | +0.0100% | 1h | 0.05919 | +0.051% | $104K | $639K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05909 | −0.110% | $200K | $2.2M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | +0.237% | $101K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05918 | +0.034% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05917 | +0.017% | $22K | $4.0M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05918 | +0.034% | $78K | $565K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0257% | 1h | 0.05920 | +0.068% | $374 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05920 | +0.068% | $42K | $224K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05918 | +0.027% | $113 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0369% | 8h | 0.05921 | +0.085% | $734K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05928 | +0.203% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0544% | 1h | 0.05916 | +0.001% | $366K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1524% | 1h | 0.05908 | −0.134% | $101K | $2K | 5x | as long as short |
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD