Funding you earn now, next payment 05:00 UTC−0.0154%/8h= −16.8% APRpaid last 24h −0.063%
Price spread now: MEXC against Kraken Futures+0.022%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days−0.387%−$39 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.022%, 7d avg −0.036%
=The price spread pays, funding is against you. MEXC is 0.058% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.036%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.06097 | 0.0254 | pay 0.0032% / 1h | 17m 56s | $383K | $1.5M | 50x |
| Short | MEXC SEI_USDT | 0.06098 | 0.0100 | get 0.0100% / 8h | 3h 17m | $35.5M | $28.8M | 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
- −$32.3
- Price spread: +0.022% → −0.036%
- $5.84
- Slippage, 4 orders
- −$59.9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$96.36
- Costs to cover
- 0.699%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; MEXC: live order book, 1 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, 1 min ago | 18.87 bp | 31.0 bp −$31 | 90.9 bp −$909 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.65 bp | 6.1 bp −$6 | 17.8 bp −$178 | 53.7 bp −$5,374 | 87.2 bp −$43.6K |
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 | −0.0193% | 8h | 0.06005 | −1.504% | $321K | $186K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06100 | +0.063% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0047% / S +0.0065% | 1h | 0.06101 | +0.067% | $6K | — | 100x | as long as short |
| Bybit SEIUSDT | +0.0062% | 8h | 0.06103 | +0.104% | $14.6M | $35.2M | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0078% | 1h | 0.06102 | +0.088% | $385 | $82K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06099 | +0.039% | $277K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06098 | +0.016% | $3.5M | $5.1M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06113 | +0.270% | $320K | $333K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06110 | +0.217% | $15.0M | $129.3M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06090 | −0.109% | $3.5M | $39.6M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Bybit SEIUSDT
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06098 | +0.022% | $1.1M | $3.2M | 75x | as long as short |
| MEXC SEI_USDTshort | +0.0100% | 8h | 0.06098 | +0.022% | $35.5M | $28.8M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06100 | +0.055% | $6.6M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06097 | +0.006% | $10.1M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06112 | +0.252% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06102 | +0.088% | $109K | $630K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06012 | −1.389% | $207K | $2.1M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06010 | −1.421% | $102K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06097 | +0.006% | $2K | $60K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06103 | +0.104% | $23K | $4.1M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06097 | +0.003% | $77K | $553K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.06084 | −0.207% | $44K | $226K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06033 | −1.044% | $752K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0254% | 1h | 0.06097 | long leg | $383K | $1.5M | 50x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06095 | −0.023% | $116 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.06027 | −1.142% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1536% | 1h | 0.06071 | −0.422% | $104K | $2K | 5x | as long as short |
Gate SEI_USDT
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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD