Funding you earn now, next payment 08:00 UTC+0.0268%/8h= +29.4% APRnext payment +$2.68 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against MEXC−0.166%49s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.166%, 7d avg +0.025%
=Funding pays, the price is against you. BloFin is 0.191% cheaper against MEXC than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of +0.025%). If the spread goes back, that is −$19 on $10k: about 2.4 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.169% in total) that is about 7.9 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.169% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SEI_USDT | 0.06019 | 0.0100 | pay 0.0100% / 8h | 2h 06m | $35.1M | $27.9M | 300x |
| Short | BloFin SEI-USDT | 0.06009 | 0.0368 | get 0.0368% / 8h | 2h 06m | $723K | $1.4M | 75x |
MEXC SEI_USDT
BloFin SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $56.38
- Price spread: −0.166% → +0.025%
- −$19.14
- Slippage, 4 orders
- −$21.82
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $3.42
- Costs to cover
- 0.338%
- Break-even
- 6.6 days
Slippage from MEXC: live order book, 3 min ago; BloFin: 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 MEXC live order book, 3 min ago | 0.83 bp | 4.9 bp −$5 | 12.6 bp −$126 | 55.3 bp −$5,532 | 96.9 bp −$48.4K |
| Sell BloFin live order book, 1 min ago | 0.83 bp | 13.9 bp −$14 | 20.8 bp −$208 | 58.6 bp −$5,862 | 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 | −0.0136% | 8h | 0.06001 | −0.292% | $322K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06018 | −0.017% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0018% / S +0.0011% | 1h | 0.06016 | −0.047% | $3K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0082% | 1h | 0.06019 | 0.000% | $380 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06018 | −0.017% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06021 | +0.030% | $3.4M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06023 | +0.069% | $315K | $360K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06020 | +0.017% | $14.5M | $126.4M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06014 | −0.083% | $14.2M | $34.4M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06013 | −0.100% | $3.4M | $36.9M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
GMX SEI/USD [ETH-USDC]
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit 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 | 0.06017 | −0.033% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDTlong | +0.0100% | 8h | 0.06019 | long leg | $35.1M | $27.9M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06021 | +0.033% | $6.6M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06022 | +0.050% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06018 | −0.017% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06016 | −0.050% | $108K | $648K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06018 | −0.020% | $213K | $2.3M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06010 | −0.150% | $102K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06019 | 0.000% | $2K | $128K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06026 | +0.116% | $23K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06019 | +0.001% | $77K | $561K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.06015 | −0.066% | $43K | $230K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06019 | +0.004% | $115 | — | 20x | as long as short |
| BloFin SEI-USDTshort | +0.0368% | 8h | 0.06009 | −0.166% | $723K | $1.4M | 75x | |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.06008 | −0.183% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0534% | 1h | 0.06027 | +0.126% | $363K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1285% | 1h | 0.06014 | −0.084% | $103K | $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
Reya SEIRUSDPERP
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD