Funding you earn now, next payment 00:00 UTC+0.2745%/8h= +300.6% APRpaid last 24h +0.474%
Price spread now: dYdX against MEXC−0.029%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$336as in the Price arb table
costs, in and out, $10k−$3333.328% of the position
Funding, last 7 days+1.722%+$172 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.029%, 7d avg +0.002%
=Funding pays, the price is against you. dYdX is 0.030% cheaper against MEXC than usual: you would sell low and buy high (spread −0.029% now, against its 7-day average of +0.002%). If the spread goes back, that is −$3 on $10k: about under an hour of funding at the current rate (+$82 a day). At the pace of the last 7 days (+1.722% in total) that is about 3 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.722% in total (about 89.8% a year). A funding rate is set anew for every payment. 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 | 0.05942 | 0.0100 | pay 0.0100% / 8h | 43m 56s | $29.1M | $25.4M | 300x |
| Short | dYdX SEI-USD | 0.05940 | 0.2845 | get 0.0356% / 1h | 43m 56s | $101K | $2K | 5x |
MEXC SEI_USDT
dYdX SEI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $576.46
- Price spread: −0.029% → +0.002%
- −$3.03
- Slippage, 4 orders
- −$322.81
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $240.62
- Costs to cover
- 3.328%
- Break-even
- 4.1 days
Slippage from MEXC: live order book, 5 min ago; dYdX: live order book, 35 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 | 0.84 bp | 1.9 bp −$2 | 7.5 bp −$75 | 37.8 bp −$3,775 | 76.2 bp −$38.1K |
| Sell dYdX live order book, 35 min ago | 158.65 bp | 163.7 bp −$164 | 340.7 bp −$3,407 | 549.2 bp −$54.9K | 987.7 bp −$493.9K |
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 | 0.05941 | −0.013% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0020% | 8h | 0.05942 | −0.004% | $318K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05941 | −0.017% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05943 | +0.017% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05944 | +0.034% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05942 | 0.000% | $1K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05944 | +0.040% | $3.4M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05944 | +0.029% | $310K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05939 | −0.058% | $13.9M | $125.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05931 | −0.185% | $14.0M | $36.0M | 50x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
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 | 0.05932 | −0.168% | $3.1M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05940 | −0.034% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDTlong | +0.0100% | 8h | 0.05942 | long leg | $29.1M | $25.4M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05943 | +0.017% | $6.2M | $14.2M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05942 | 0.000% | $9.3M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05937 | −0.084% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05943 | +0.017% | $119K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05946 | +0.073% | $204K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | −0.034% | $108K | $672K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05950 | +0.135% | $23K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05941 | −0.013% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05942 | 0.000% | $698K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0323% | 1h | 0.05943 | +0.025% | $372K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05920 | −0.370% | $33K | $208K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05942 | +0.004% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05936 | −0.101% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USDshort | +0.2845% | 1h | 0.05940 | −0.029% | $101K | $2K | 5x |
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
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP