Funding you earn now, next payment 09:00 UTC−0.0246%/8h= −26.9% APRpaid last 24h −0.074%
Price spread now: MEXC against Reya−0.214%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and MEXC is 0.214% cheaper against Reya than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya SEIRUSDPERP | 0.06098 | 0.0346 | pay 0.0043% / 1h | 50m 36s | $116 | — | 20x |
| Short | MEXC SEI_USDT | 0.06085 | 0.0100 | get 0.0100% / 8h | 7h 50m | $39.2M | $27.3M | 300x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Reya. 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
- −$51.62
- Price spread: −0.214% → 0.000%
- −$21.38
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$78.99
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; MEXC: live order book, 3 min ago. Net counts fees only.
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 Reya no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 3 min ago | 0.82 bp | 4.5 bp −$5 | 10.3 bp −$103 | 56.6 bp −$5,664 | 100.8 bp −$50.4K |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SEI/USDC PERP | −0.0302% | 1h | 0.06110 | +0.196% | $9K | $40K | 12x | as long as short |
| Variational Omni SEI | −0.0098% | 8h | 0.06090 | −0.124% | $321K | $174K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06098 | −0.001% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06092 | −0.099% | $385 | $72K | 25x | as long as short |
| Gate SEI_USDT | +0.0006% | 8h | 0.06081 | −0.279% | $1.1M | $2.9M | 75x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06088 | −0.165% | $271K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06088 | −0.161% | $3.8M | $4.8M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06090 | −0.126% | $333K | $348K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06084 | −0.224% | $14.8M | $123.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06074 | −0.394% | $14.5M | $34.3M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06076 | −0.361% | $3.5M | $36.3M | 50x | as long as short |
| MEXC SEI_USDTshort | +0.0100% | 8h | 0.06085 | −0.214% | $39.2M | $27.3M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06087 | −0.181% | $6.8M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06083 | −0.247% | $9.7M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06084 | −0.230% | — | $16.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06088 | −0.165% | $120K | $679K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06096 | −0.030% | $211K | $2.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06100 | +0.032% | $102K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06096 | −0.033% | $2K | $246K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06102 | +0.065% | $23K | $3.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06083 | −0.239% | $69K | $438K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.06096 | −0.033% | $67K | $265K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06084 | −0.230% | $747K | $1.6M | 75x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0253% / S −0.2252% | 1h | 0.06098 | +0.006% | $12K | — | 100x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0267% | 1h | 0.06096 | −0.028% | $375K | $1.7M | 50x | as long as short |
| Reya SEIRUSDPERPlong | +0.0346% | 1h | 0.06098 | long leg | $116 | — | 20x | |
| dYdX SEI-USD | +0.0521% | 1h | 0.06084 | −0.223% | $104K | $2K | 5x | as long as short |
MEXC SEI_USDT
Injective SEI/USDC PERP
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Gate SEI_USDT
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
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
GMX SEI/USD [ETH-USDC]
Kraken Futures PF_SEIUSD