Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: MEXC against Backpack+0.113%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$290.288% of the position
Funding, last 7 days−0.218%−$22 on $10k
+Price spread, last 4 days (all we have)−0.155%−$16 · spread now +0.113%, 7d avg −0.065%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.178% dearer against Backpack than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SEI_USDC_PERP | 0.06191 | 0.0100 | pay 0.0013% / 1h | 3m 25s | $122K | $695K | 10x |
| Short | MEXC SEI_USDT | 0.06198 | 0.0100 | get 0.0100% / 8h | 7h 03m | $32.6M | $29.1M | 300x |
Backpack SEI_USDC_PERP
MEXC SEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Backpack. 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
- $0
- Price spread: +0.113% → −0.065%
- $17.84
- Slippage, 4 orders
- −$18.85
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$11.01
- Costs to cover
- 0.288%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 30 min ago; MEXC: 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 Backpack live order book, 30 min ago | 0.83 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.61 bp | 4.1 bp −$4 | 9.8 bp −$98 | 47.4 bp −$4,744 | 81.9 bp −$40.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SEI/USDC PERP | −0.0302% | 1h | 0.06192 | +0.016% | $9K | $40K | 12x | as long as short |
| Variational Omni SEI | −0.0113% | 8h | 0.06187 | −0.057% | $323K | $183K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06191 | +0.007% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0073% | 1h | 0.06201 | +0.162% | $392 | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06190 | −0.016% | $273K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06205 | +0.234% | $4.1M | $4.7M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06200 | +0.145% | $341K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06197 | +0.101% | $15.1M | $120.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06192 | +0.016% | $14.8M | $34.1M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06189 | −0.032% | $3.5M | $36.6M | 50x | as long as short |
Injective SEI/USDC PERP
Variational Omni SEI
gTrade (Gains Network) SEI/USD
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 | 0.06195 | +0.065% | $1.1M | $3.0M | 75x | as long as short |
| MEXC SEI_USDTshort | +0.0100% | 8h | 0.06198 | +0.113% | $32.6M | $29.1M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06194 | +0.048% | $6.9M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06198 | +0.113% | $9.9M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06197 | +0.097% | — | $16.2M | — | as long as short |
| Backpack SEI_USDC_PERPlong | +0.0100% | 1h | 0.06191 | long leg | $122K | $695K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06200 | +0.146% | $216K | $2.8M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06210 | +0.307% | $104K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06200 | +0.145% | $2K | $290K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06206 | +0.242% | $23K | $3.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06197 | +0.103% | $69K | $433K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.06192 | +0.016% | $68K | $272K | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0203% / S −0.0592% | 1h | 0.06198 | +0.116% | $3K | — | 100x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06213 | +0.355% | $747K | $1.6M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0262% | 1h | 0.06200 | +0.144% | $376K | $1.7M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06195 | +0.072% | $118 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0831% | 1h | 0.06196 | +0.080% | $106K | $2K | 5x | as long as short |
Gate SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
GMX SEI/USD [ETH-USDC]
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
dYdX SEI-USD