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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0053%/8h= +5.8% APRpaid last 24h +0.089%
Price spread now: Binance against GMX−0.311%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
Funding pays, the price is against you. Binance is 0.311% cheaper against GMX than usual: you would sell low and buy high (spread −0.311% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 20 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SEI/USD [ETH-USDC]0.06081L +0.0047% / S +0.0060%pay 0.0006% / 1h12m 55s$6K100x
ShortBinance SEIUSDT0.060620.0100get 0.0100% / 8h3h 12m$14.9M$129.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against GMX. 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
$11.07
Price spread: −0.311% → 0.000%
−$31.08
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$42.01
Costs to cover
0.220%
Break-even
33.6 days
Slippage unknown: GMX: no order-book sample; Binance: live order book, 15 min ago. 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 GMX no order-book sample
Sell Binance live order book, 15 min ago0.83 bp10.6 bp −$1124.3 bp −$243115.1 bp −$11.5Kdoesn't fit
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
Variational Omni SEI−0.0194%8h0.06081+0.009%$328K$187Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06081+0.007%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06078−0.048%$384$82K25xas long as short
GMX SEI/USD [ETH-USDC]longL +0.0047% / S +0.0060%1h0.06081long leg$6K100x
Bybit SEIUSDT+0.0055%8h0.06064−0.278%$14.5M$34.9M50xas long as short
Lighter SEI+0.0096%1h0.06076−0.081%$276K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06076−0.077%$3.5M$5.1M5xas long as short
Aster SEIUSDT+0.0100%8h0.06079−0.035%$318K$333K20xas long as short
Binance SEIUSDTshort+0.0100%8h0.06062−0.311%$14.9M$129.0M75x
OKX SEI-USDT-SWAP+0.0100%4h0.06066−0.245%$3.5M$39.2M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.06082+0.018%$1.1M$3.2M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06068−0.212%$35.2M$28.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06073−0.130%$6.6M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06075−0.097%$10.1M$16.6M75xas long as short
BingX SEI-USDT+0.0100%8h0.06062−0.311%$31.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06074−0.113%$108K$629K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06112+0.516%$209K$2.2M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06100+0.314%$104K$668K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06078−0.048%$2K$64K20xas long as short
SunX SEI-USDT+0.0100%8h0.06093+0.199%$23K$4.1M30xas long as short
Extended SEI-USD+0.0104%1h0.06067−0.233%$77K$569K25xas long as short
Coinbase International SEI-PERP-INTX+0.0200%1h0.06108+0.446%$43K$228K50xas long as short
BloFin SEI-USDT+0.0220%8h0.06073−0.130%$745K$1.3M75xas long as short
Kraken Futures PF_SEIUSD+0.0254%1h0.06082+0.025%$378K$1.6M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06084+0.051%$11620xas long as short
Injective SEI/USDC PERP+0.0510%1h0.06076−0.081%$9K$43K12xas long as short
dYdX SEI-USD+0.1397%1h0.06096+0.255%$104K$2K5xas long as short