Funding you earn now, next payment 08:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h +0.041%
Price spread now: MEXC against Coinbase International+0.166%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1221.217% of the position
Funding, last 7 days+0.442%+$44 on $10k
+Price spread, last 4 days (all we have)−0.145%−$14 · spread now +0.166%, 7d avg +0.044%
=The price spread pays, funding is against you. MEXC is 0.122% dearer against Coinbase International than usual: you sell high and buy low (spread +0.166% now, against its 7-day average of +0.044%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.442%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SEI-PERP-INTX | 0.06031 | 0.0192 | pay 0.0024% / 1h | 30m 33s | $66K | $264K | 50x |
| Short | MEXC SEI_USDT | 0.06041 | 0.0100 | get 0.0100% / 8h | 7h 30m | $30.6M | $28.3M | 300x |
Coinbase International SEI-PERP-INTX
MEXC SEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Coinbase International. 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
- −$19.32
- Price spread: +0.166% → +0.044%
- $12.17
- Slippage, 4 orders
- −$111.67
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$128.82
- Costs to cover
- 1.217%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; MEXC: live order book, 3 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 Coinbase International live order book, 2 min ago | 7.45 bp | 65.9 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.65 bp | 5.0 bp −$5 | 8.8 bp −$88 | 50.9 bp −$5,089 | 101.9 bp −$50.9K |
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 | 0.06078 | +0.779% | $9K | $40K | 12x | as long as short |
| Variational Omni SEI | −0.0100% | 8h | 0.06036 | +0.075% | $319K | $173K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06042 | +0.190% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06041 | +0.166% | $381 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06041 | +0.166% | $270K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06046 | +0.244% | $3.7M | $4.8M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06044 | +0.214% | $332K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06043 | +0.199% | $14.7M | $122.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06037 | +0.099% | $14.4M | $34.3M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06042 | +0.182% | $3.4M | $36.1M | 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 | 0.06036 | +0.083% | $1.1M | $3.0M | 75x | as long as short |
| MEXC SEI_USDTshort | +0.0100% | 8h | 0.06041 | +0.166% | $30.6M | $28.3M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06043 | +0.199% | $6.8M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06041 | +0.166% | $9.7M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06042 | +0.182% | — | $16.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06051 | +0.332% | $119K | $699K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06057 | +0.431% | $209K | $2.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06060 | +0.481% | $101K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06042 | +0.182% | $2K | $265K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06053 | +0.365% | $23K | $3.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06040 | +0.156% | $67K | $436K | 25x | as long as short |
| Coinbase International SEI-PERP-INTXlong | +0.0192% | 1h | 0.06031 | long leg | $66K | $264K | 50x | |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06044 | +0.216% | $744K | $1.6M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0269% | 1h | 0.06049 | +0.303% | $369K | $1.7M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0283% / S −0.2793% | 1h | 0.06052 | +0.342% | $12K | — | 100x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06043 | +0.196% | $115 | — | 20x | as long as short |
| dYdX SEI-USD | +0.1078% | 1h | 0.06043 | +0.199% | $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
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
GMX SEI/USD [ETH-USDC]
Reya SEIRUSDPERP
dYdX SEI-USD