Funding you earn now, next payment 08:00 UTC−0.0267%/8h= −29.2% APRnext payment −$2.67 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against BloFin0.000%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now 0.000%, 7d avg −0.025%
=The price spread pays, funding is against you. MEXC is 0.025% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.025%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.169% in total) that is about 25 hours.
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 −$2.67 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 | BloFin SEI-USDT | 0.05974 | 0.0367 | pay 0.0367% / 8h | 1h 45m | $737K | $1.4M | 75x |
| Short | MEXC SEI_USDT | 0.05974 | 0.0100 | get 0.0100% / 8h | 1h 45m | $35.7M | $27.6M | 300x |
BloFin SEI-USDT
MEXC SEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- −$56.04
- Price spread: 0.000% → −0.025%
- $2.49
- Slippage, 4 orders
- −$19.42
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$84.97
- Costs to cover
- 0.314%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; MEXC: live order book, 4 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 BloFin live order book, 2 min ago | 1.67 bp | 14.2 bp −$14 | 23.5 bp −$235 | 87.2 bp −$8,722 | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.83 bp | 4.3 bp −$4 | 10.4 bp −$104 | 48.3 bp −$4,828 | 98.6 bp −$49.3K |
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 | −0.0124% | 8h | 0.05956 | −0.294% | $311K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05969 | −0.076% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0035% / S −0.0042% | 1h | 0.05970 | −0.074% | $3K | — | 100x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0085% | 1h | 0.05972 | −0.033% | $377 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05973 | −0.017% | $270K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05978 | +0.069% | $3.4M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05973 | −0.011% | $312K | $367K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05971 | −0.050% | $14.5M | $125.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05965 | −0.151% | $14.1M | $34.2M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05965 | −0.151% | $3.3M | $36.4M | 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 | 0.05973 | −0.017% | $1.1M | $3.0M | 75x | as long as short |
| MEXC SEI_USDTshort | +0.0100% | 8h | 0.05974 | 0.000% | $35.7M | $27.6M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05965 | −0.151% | $6.5M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05971 | −0.050% | $9.7M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05971 | −0.050% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05966 | −0.134% | $106K | $648K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05971 | −0.042% | $204K | $2.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05970 | −0.067% | $101K | $671K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05969 | −0.084% | $2K | $141K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05978 | +0.067% | $22K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05969 | −0.081% | $76K | $560K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0272% | 1h | 0.05980 | +0.100% | $43K | $230K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05977 | +0.051% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0351% | 1h | 0.05969 | −0.077% | $366K | $1.6M | 50x | as long as short |
| BloFin SEI-USDTlong | +0.0367% | 8h | 0.05974 | long leg | $737K | $1.4M | 75x | |
| Injective SEI/USDC PERP | +0.0402% | 1h | 0.05978 | +0.067% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.1661% | 1h | 0.05959 | −0.251% | $102K | $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
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERP
dYdX SEI-USD