Funding you earn now, next payment 05:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h −0.059%
Price spread now: Coinbase International against MEXC−0.505%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$1431.429% of the position
Funding, last 7 days−0.407%−$41 on $10k
+Price spread, last 4 days (all we have)+0.261%+$26 · spread now −0.505%, 7d avg −0.049%
=Funding pays, the price is against you. Coinbase International is 0.456% cheaper against MEXC than usual: you would sell low and buy high (spread −0.505% now, against its 7-day average of −0.049%). If the spread goes back, that is −$46 on $10k: about 8.4 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.407%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SEI_USDT | 0.05942 | 0.0100 | pay 0.0100% / 8h | 2h 22m | $34.1M | $27.6M | 300x |
| Short | Coinbase International SEI-PERP-INTX | 0.05912 | 0.0280 | get 0.0035% / 1h | 22m 48s | $41K | $224K | 50x |
MEXC SEI_USDT
Coinbase International SEI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $37.8
- Price spread: −0.505% → −0.049%
- −$45.61
- Slippage, 4 orders
- −$132.86
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$150.67
- Costs to cover
- 1.429%
- Break-even
- 34.9 days
Slippage from MEXC: live order book, 1 min ago; Coinbase International: live order book, 25 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, 1 min ago | 0.84 bp | 4.8 bp −$5 | 14.4 bp −$144 | 56.2 bp −$5,618 | 93.0 bp −$46.5K |
| Sell Coinbase International live order book, 25 min ago | 15.97 bp | 63.4 bp −$63 | 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 | −0.0158% | 8h | 0.05911 | −0.530% | $317K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05933 | −0.160% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0014% / S +0.0022% | 1h | 0.05933 | −0.157% | $3K | — | 100x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05940 | −0.034% | $270K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05941 | −0.024% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05936 | −0.106% | $310K | $355K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05941 | −0.012% | $14.2M | $127.1M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05939 | −0.050% | $14.1M | $34.6M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05942 | 0.000% | $3.4M | $36.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05937 | −0.084% | $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 | 0.05942 | long leg | $34.1M | $27.6M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05943 | +0.017% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05937 | −0.084% | $9.7M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05935 | −0.118% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05941 | −0.017% | $106K | $648K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05928 | −0.234% | $203K | $2.3M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05920 | −0.370% | $100K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05932 | −0.168% | $2K | $111K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05942 | 0.000% | $22K | $4.0M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05945 | +0.049% | $76K | $561K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0256% | 1h | 0.05935 | −0.118% | $375 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXshort | +0.0280% | 1h | 0.05912 | −0.505% | $41K | $224K | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05934 | −0.143% | $113 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0368% | 8h | 0.05933 | −0.151% | $724K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05940 | −0.034% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0542% | 1h | 0.05935 | −0.116% | $365K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1307% | 1h | 0.05939 | −0.050% | $101K | $2K | 5x | as long as short |
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Deribit SEI_USDC-PERPETUAL
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD