Funding you earn now, next payment 01:00 UTC−0.0079%/8h= −8.7% APRpaid last 24h −0.071%
Price spread now: MEXC against Kraken Futures+0.027%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$420.425% of the position
Funding, last 7 days−0.364%−$36 on $10k
+Price spread, last 3 days (all we have)−0.059%−$6 · spread now +0.027%, 7d avg −0.032%
=The price spread pays, funding is against you. MEXC is 0.060% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.032%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.364% in total) that is about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.05945 | 0.0179 | pay 0.0022% / 1h | 1m 06s | $368K | $1.6M | 50x |
| Short | MEXC SEI_USDT | 0.05947 | 0.0100 | get 0.0100% / 8h | 7h 01m | $35.5M | $28.9M | 300x |
Kraken Futures PF_SEIUSD
MEXC SEI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kraken Futures. 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
- −$16.65
- Price spread: +0.027% → −0.032%
- $5.96
- Slippage, 4 orders
- −$32.47
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$53.15
- Costs to cover
- 0.425%
- Break-even
- never at this rate
Slippage from Kraken Futures: 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 Kraken Futures live order book, 2 min ago | 5.04 bp | 19.1 bp −$19 | 53.5 bp −$535 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.84 bp | 2.7 bp −$3 | 8.4 bp −$84 | 44.3 bp −$4,431 | 71.6 bp −$35.8K |
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 −0.0815% / S +0.0444% | 1h | 0.05948 | +0.036% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0122% | 8h | 0.05939 | −0.099% | $318K | $210K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05947 | +0.027% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05946 | +0.011% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05952 | +0.112% | $271K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05945 | −0.006% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05953 | +0.125% | $3.5M | $6.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05949 | +0.061% | $311K | $335K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05950 | +0.078% | $14.2M | $128.2M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05942 | −0.057% | $14.0M | $35.9M | 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 | 0.05943 | −0.040% | $3.2M | $39.7M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05946 | +0.011% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDTshort | +0.0100% | 8h | 0.05947 | +0.027% | $35.5M | $28.9M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05945 | −0.006% | $6.2M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05946 | +0.011% | $9.3M | $16.8M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05945 | −0.006% | — | $33.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05948 | +0.044% | $118K | $562K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05987 | +0.700% | $212K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | +0.246% | $109K | $677K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05955 | +0.162% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05941 | −0.070% | $76K | $540K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0144% | 1h | 0.05957 | +0.196% | $34K | $206K | 50x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0179% | 1h | 0.05945 | long leg | $368K | $1.6M | 50x | |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05943 | −0.040% | $728K | $1.1M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05947 | +0.024% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0974% | 1h | 0.05942 | −0.057% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1034% | 1h | 0.05955 | +0.170% | $102K | $2K | 5x | as long as short |
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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD