Funding you earn now, next payment 23:00 UTC+0.0090%/8h= +9.8% APRpaid last 24h +0.079%
Price spread now: Kraken Futures against MEXC−0.080%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as 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%
=Funding pays, the price is against you. Kraken Futures is 0.110% cheaper against MEXC than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of +0.030%). If the spread goes back, that is −$11 on $10k: about 4.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SEI_USDT | 0.05885 | 0.0100 | pay 0.0100% / 8h | 1h 28m | $28.5M | $26.1M | 300x |
| Short | Kraken Futures PF_SEIUSD | 0.05880 | 0.0190 | get 0.0024% / 1h | 28m 49s | $372K | $1.6M | 50x |
MEXC SEI_USDT
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $18.87
- Price spread: −0.080% → +0.030%
- −$10.99
- Slippage, 4 orders
- −$26.02
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$28.14
- Costs to cover
- 0.360%
- Break-even
- 17.4 days
Slippage from MEXC: live order book, 5 min ago; Kraken Futures: 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 MEXC live order book, 5 min ago | 0.85 bp | 2.4 bp −$2 | 7.3 bp −$73 | 42.0 bp −$4,200 | 88.7 bp −$44.3K |
| Sell Kraken Futures live order book, 5 min ago | 2.55 bp | 16.1 bp −$16 | 42.2 bp −$422 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC] | L −0.0802% / S +0.0440% | 1h | 0.05876 | −0.160% | $23K | — | 100x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05875 | −0.170% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05879 | −0.102% | $19K | $62K | 25x | as long as short |
| Variational Omni SEI | +0.0014% | 8h | 0.05881 | −0.072% | $314K | $228K | — | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05888 | +0.051% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05879 | −0.102% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05889 | +0.063% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05886 | +0.017% | $307K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05888 | +0.043% | $13.7M | $126.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05879 | −0.102% | $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 | −0.085% | $3.0M | $39.7M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05876 | −0.153% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDTlong | +0.0100% | 8h | 0.05885 | long leg | $28.5M | $26.1M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05881 | −0.068% | $6.7M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05887 | +0.034% | $9.3M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05883 | −0.034% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05883 | −0.034% | $119K | $562K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05872 | −0.219% | $201K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05890 | +0.085% | $107K | $667K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05888 | +0.051% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05884 | −0.018% | $74K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0190% | 1h | 0.05880 | −0.080% | $372K | $1.6M | 50x | |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05960 | +1.274% | $33K | $209K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05880 | −0.085% | $700K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05875 | −0.170% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05901 | +0.272% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2640% | 1h | 0.05886 | +0.011% | $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