SEI

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0869%/8h= +95.1% APRnext payment +$1.09 per $10,000 · paid last 24h −0.090%

Price spread now: Injective against gTrade (Gains Network)−0.051%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Injective

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 0.051% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$26 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) SEI/USD	0.05888	L −0.0005% / S +0.0006%	get 0.0001% / 1h	37m 20s	$8K	—	150x
Short	Injective SEI/USDC PERP	0.05885	0.0864	get 0.0108% / 1h	37m 20s	$8K	$42K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee InjectivebpOrdersPrice spread, now −0.051%Rate

Funding earned: $182.48
Price spread: −0.051% → 0.000%: −$5.1
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $167.36
Costs to cover: 0.100%
Break-even: 0.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Injective: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Injective: 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 −0.0802% / S +0.0440%	1h	0.05888	−0.003%	$23K	—	100x	as long as short
gTrade (Gains Network) SEI/USDlong	L −0.0005% / S +0.0006%	1h	0.05888	long leg	$8K	—	150x
Deribit SEI_USDC-PERPETUAL	0.0000%	1h	0.05887	−0.017%	$20K	$62K	25x	as long as short
Variational Omni SEI	+0.0016%	8h	0.05903	+0.252%	$312K	$224K	—	as long as short
Lighter SEI	+0.0096%	1h	0.05894	+0.102%	$265K	$1.2M	10x	as long as short
Orderly PERP_SEI_USDC	+0.0099%	8h	0.05887	−0.017%	$2K	$111K	20x	as long as short
Hyperliquid SEI	+0.0100%	1h	0.05891	+0.058%	$3.4M	$6.5M	5x	as long as short
Aster SEIUSDT	+0.0100%	8h	0.05893	+0.081%	$308K	$368K	20x	as long as short
Binance SEIUSDT	+0.0100%	8h	0.05889	+0.021%	$13.7M	$126.0M	75x	as long as short
Bybit SEIUSDT	+0.0100%	8h	0.05883	−0.085%	$13.8M	$36.0M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX SEI-USDT-SWAP	+0.0100%	4h	0.05885	−0.051%	$3.0M	$39.7M	50x	as long as short
Gate SEI_USDT	+0.0100%	8h	0.05893	+0.085%	$1.1M	$3.5M	75x	as long as short
MEXC SEI_USDT	+0.0100%	8h	0.05889	+0.017%	$28.7M	$26.0M	300x	as long as short
KuCoin SEIUSDTM	+0.0100%	8h	0.05891	+0.051%	$6.7M	$14.2M	75x	as long as short
Bitget SEIUSDT	+0.0100%	8h	0.05889	+0.017%	$9.3M	$17.0M	75x	as long as short
BingX SEI-USDT	+0.0100%	8h	0.05886	−0.034%	—	$33.1M	—	as long as short
Backpack SEI_USDC_PERP	+0.0100%	1h	0.05896	+0.136%	$119K	$560K	10x	as long as short
GRVT SEI_USDT_Perp	+0.0100%	8h	0.05899	+0.187%	$202K	$1.5M	10x	as long as short
ApeX Omni SEIUSDT	+0.0100%	1h	0.05900	+0.204%	$107K	$667K	50x	as long as short
SunX SEI-USDT	+0.0100%	8h	0.05897	+0.153%	$22K	$4.6M	30x	as long as short
Extended SEI-USD	+0.0104%	1h	0.05886	−0.026%	$75K	$476K	25x	as long as short
Kraken Futures PF_SEIUSD	+0.0190%	1h	0.05889	+0.010%	$374K	$1.6M	50x	as long as short
Coinbase International SEI-PERP-INTX	+0.0192%	1h	0.05960	+1.223%	$33K	$209K	50x	as long as short
BloFin SEI-USDT	+0.0220%	8h	0.05899	+0.187%	$697K	$1.2M	75x	as long as short
Reya SEIRUSDPERP	+0.0346%	1h	0.05888	−0.005%	$112	—	20x	as long as short
Injective SEI/USDC PERPshort	+0.0864%	1h	0.05885	−0.051%	$8K	$42K	12x
dYdX SEI-USD	+0.2671%	1h	0.05893	+0.092%	$101K	$2K	5x	as long as short