Funding you earn now, next payment 03:00 UTC−0.0525%/8h= −57.5% APRnext payment −$0.66 per $10,000 · paid last 24h +0.066%
Price spread now: GMX against Deribit−0.182%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 −$16 a day on $10k at the current rate, and GMX is 0.182% cheaper against Deribit than usual: you would sell low and buy high (−$18 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 | Deribit SEI_USDC-PERPETUAL | 0.06049 | 0.0081 | pay 0.0010% / 1h | 41m 51s | $10K | $72K | 25x |
| Short | GMX SEI/USD [ETH-USDC] | 0.06038 | L −0.0815% / S +0.0444% | pay 0.0055% / 1h | 41m 51s | $24K | — | 100x |
Deribit SEI_USDC-PERPETUAL
GMX SEI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Deribit. 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
- −$110.22
- Price spread: −0.182% → 0.000%
- −$18.18
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$147.4
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Deribit and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC]short | L −0.0815% / S +0.0444% | 1h | 0.06038 | −0.182% | $24K | — | 100x | |
| Variational Omni SEI | −0.0112% | 8h | 0.05981 | −1.117% | $320K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06040 | −0.141% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUALlong | +0.0081% | 1h | 0.06049 | long leg | $10K | $72K | 25x | |
| Lighter SEI | +0.0096% | 1h | 0.06053 | +0.066% | $275K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06053 | +0.058% | $3.5M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06049 | +0.003% | $316K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06042 | −0.123% | $14.5M | $128.1M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06032 | −0.281% | $14.4M | $35.7M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06033 | −0.265% | $3.3M | $39.8M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
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 | 0.06047 | −0.033% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06041 | −0.132% | $35.0M | $27.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06047 | −0.033% | $6.4M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06044 | −0.083% | $9.6M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06039 | −0.165% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06053 | +0.066% | $120K | $593K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05993 | −0.933% | $208K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06020 | −0.479% | $110K | $664K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06047 | −0.033% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06047 | −0.033% | $23K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06040 | −0.142% | $78K | $546K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0128% | 1h | 0.05977 | −1.190% | $34K | $207K | 50x | as long as short |
| Injective SEI/USDC PERP | +0.0156% | 1h | 0.06020 | −0.479% | $9K | $43K | 12x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06032 | −0.281% | $737K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06041 | −0.137% | $115 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0470% | 1h | 0.06054 | +0.089% | $382K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1216% | 1h | 0.06029 | −0.332% | $103K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC 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
Injective SEI/USDC PERP
BloFin SEI-USDT
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD