Funding you earn now, next payment 02:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.13 per $10,000 · paid last 24h −0.032%
Price spread now: gTrade (Gains Network) against Backpack−0.242%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.242% cheaper against Backpack than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SEI_USDC_PERP | 0.05915 | 0.0100 | pay 0.0013% / 1h | 54m 57s | $117K | $566K | 10x |
| Short | gTrade (Gains Network) SEI/USD | 0.05901 | L −0.0005% / S +0.0006% | pay 0.0001% / 1h | 54m 57s | $11K | — | 150x |
Backpack SEI_USDC_PERP
gTrade (Gains Network) SEI/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$22.24
- Price spread: −0.242% → 0.000%
- −$24.18
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$66.41
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 14 min ago; gTrade (Gains Network): 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 14 min ago | 0.83 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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.| 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 | 0.05901 | −0.238% | $23K | — | 100x | as long as short |
| Variational Omni SEI | −0.0127% | 8h | 0.05902 | −0.227% | $316K | $210K | — | as long as short |
| gTrade (Gains Network) SEI/USDshort | L −0.0005% / S +0.0006% | 1h | 0.05901 | −0.242% | $11K | — | 150x | |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05903 | −0.203% | $10K | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0048% | 1h | 0.05922 | +0.118% | $33K | $206K | 50x | as long as short |
| Bybit SEIUSDT | +0.0080% | 8h | 0.05913 | −0.034% | $14.0M | $36.2M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05909 | −0.101% | $269K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05902 | −0.220% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05918 | +0.054% | $3.4M | $6.4M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05916 | +0.021% | $310K | $354K | 20x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Bybit SEIUSDT
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SEIUSDT | +0.0100% | 8h | 0.05918 | +0.055% | $14.2M | $129.1M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05913 | −0.034% | $3.2M | $39.8M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05910 | −0.085% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05918 | +0.051% | $35.1M | $28.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05914 | −0.017% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05921 | +0.101% | $9.4M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05912 | −0.051% | — | $31.6M | — | as long as short |
| Backpack SEI_USDC_PERPlong | +0.0100% | 1h | 0.05915 | long leg | $117K | $566K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05929 | +0.242% | $202K | $1.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05940 | +0.423% | $108K | $677K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05910 | −0.085% | $22K | $4.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05918 | +0.052% | $76K | $540K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05912 | −0.051% | $724K | $1.1M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05899 | −0.277% | $113 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0380% | 1h | 0.05906 | −0.151% | $377K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0674% | 1h | 0.05914 | −0.024% | $101K | $2K | 5x | as long as short |
| Injective SEI/USDC PERP | +0.0844% | 1h | 0.05914 | −0.017% | $9K | $43K | 12x | as long as short |
Binance SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD
Injective SEI/USDC PERP