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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0435%/8h= −47.6% APRnext payment $0.54 per $10,000 · paid last 24h +0.128%
Price spread now: GMX against gTrade (Gains Network)−0.012%7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SEI/USD0.05945L −0.0005% / S +0.0006%get 0.0001% / 1h26m 04s$8K150x
ShortGMX SEI/USD [ETH-USDC]0.05945L −0.0802% / S +0.0440%pay 0.0055% / 1h26m 04s$23K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against gTrade (Gains Network). 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
−$91.32
Price spread: −0.012% → 0.000%
−$1.24
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$114.57
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell GMX no order-book sample
gTrade (Gains Network) 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SEI/USD [ETH-USDC]shortL −0.0802% / S +0.0440%1h0.05945−0.012%$23K100x
Deribit SEI_USDC-PERPETUAL−0.0255%1h0.05943−0.039%$20K$62K25xas long as short
Coinbase International SEI-PERP-INTX−0.0056%1h0.05960+0.247%$33K$210K50xas long as short
gTrade (Gains Network) SEI/USDlongL −0.0005% / S +0.0006%1h0.05945long leg$8K150x
Variational Omni SEI+0.0037%8h0.05929−0.271%$315K$240Kas long as short
Lighter SEI+0.0096%1h0.05947+0.028%$268K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0098%8h0.05945−0.006%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05949+0.065%$3.5M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05944−0.022%$310K$371K20xas long as short
Binance SEIUSDT+0.0100%8h0.05945+0.002%$13.9M$128.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05937−0.140%$13.9M$36.5M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05942−0.056%$3.0M$40.4M50xas long as short
Gate SEI_USDT+0.0100%8h0.05944−0.023%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05944−0.023%$29.5M$26.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05946+0.011%$7.1M$14.2M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05945−0.006%$9.3M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.05942−0.056%$32.9Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05947+0.028%$119K$564K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05927−0.308%$200K$1.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05940−0.090%$108K$669K50xas long as short
SunX SEI-USDT+0.0100%8h0.05955+0.162%$23K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05944−0.026%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05943−0.031%$377K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05937−0.140%$711K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05944−0.018%$11320xas long as short
Injective SEI/USDC PERP+0.0863%1h0.05963+0.297%$9K$42K12xas long as short
dYdX SEI-USD+0.2108%1h0.05947+0.024%$101K$2K5xas long as short