Settings8H · net · $10k
Funding arb · Price arb /

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0540%/8h= −59.1% APRnext payment $0.67 per $10,000 · paid last 24h +0.082%
Price spread now: GMX against ApeX Omni−0.061%68s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and GMX is 0.061% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SEIUSDT0.059000.0100pay 0.0013% / 1h37m 52s$107K$667K50x
ShortGMX SEI/USD [ETH-USDC]0.05896L −0.0802% / S +0.0440%pay 0.0055% / 1h37m 52s$23K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$113.4
Price spread: −0.061% → 0.000%
−$6.1
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$141.5
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 45 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 45 min ago16.81 bp30.5 bp −$31147.1 bp −$1,471doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SEI on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SEI/USD [ETH-USDC]shortL −0.0802% / S +0.0440%1h0.05896−0.061%$23K100x
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05897−0.052%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05896−0.068%$20K$62K25xas long as short
Variational Omni SEI+0.0016%8h0.05903+0.048%$312K$224Kas long as short
Lighter SEI+0.0096%1h0.05896−0.068%$265K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0099%8h0.05897−0.051%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05894−0.108%$3.4M$6.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.05894−0.095%$308K$368K20xas long as short
Binance SEIUSDT+0.0100%8h0.05893−0.117%$13.7M$126.1M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05886−0.237%$13.8M$36.0M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05889−0.186%$3.0M$39.7M50xas long as short
Gate SEI_USDT+0.0100%8h0.05893−0.119%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05891−0.153%$28.8M$26.0M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05891−0.153%$6.7M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05893−0.119%$9.3M$17.0M75xas long as short
BingX SEI-USDT+0.0100%8h0.05890−0.169%$33.1Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05896−0.068%$119K$560K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05904+0.069%$208K$1.5M10xas long as short
ApeX Omni SEIUSDTlong+0.0100%1h0.05900long leg$107K$667K50x
SunX SEI-USDT+0.0100%8h0.05905+0.085%$22K$4.6M30xas long as short
Extended SEI-USD+0.0104%1h0.05893−0.120%$75K$476K25xas long as short
Kraken Futures PF_SEIUSD+0.0189%1h0.05895−0.078%$374K$1.6M50xas long as short
Coinbase International SEI-PERP-INTX+0.0192%1h0.05960+1.017%$33K$209K50xas long as short
BloFin SEI-USDT+0.0220%8h0.05899−0.017%$697K$1.2M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05896−0.075%$11320xas long as short
Injective SEI/USDC PERP+0.0864%1h0.05928+0.475%$9K$42K12xas long as short
dYdX SEI-USD+0.2672%1h0.05899−0.024%$101K$2K5xas long as short