Funding you earn now, next payment 03:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.018%
Price spread now: Coinbase International against GMX+0.366%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Coinbase International is 0.366% dearer against GMX than usual: you sell high and buy low (spread +0.366% now, against zero (this spread has no 7-day history yet)): +$37 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SEI/USD [ETH-USDC] | 0.06036 | L +0.0041% / S +0.0107% | pay 0.0005% / 1h | 3m 01s | $6K | — | 100x |
| Short | Coinbase International SEI-PERP-INTX | 0.06058 | −0.0032 | pay 0.0004% / 1h | 3m 01s | $43K | $218K | 50x |
GMX SEI/USD [ETH-USDC]
Coinbase International SEI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GMX. 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
- −$15.26
- Price spread: +0.366% → 0.000%
- $36.61
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$0.64
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 55 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 55 min ago | 15.58 bp | 57.9 bp −$58 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0211% | 8h | 0.06001 | −0.571% | $320K | $187K | — | as long as short |
| Coinbase International SEI-PERP-INTXshort | −0.0032% | 1h | 0.06058 | +0.366% | $43K | $218K | 50x | |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06037 | +0.018% | — | — | 150x | as long as short |
| Bybit SEIUSDT | +0.0028% | 8h | 0.06028 | −0.131% | $14.4M | $36.4M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC]long | L +0.0041% / S +0.0107% | 1h | 0.06036 | long leg | $6K | — | 100x | |
| Deribit SEI_USDC-PERPETUAL | +0.0081% | 1h | 0.06041 | +0.084% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06035 | −0.015% | $270K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06036 | +0.002% | $3.5M | $5.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06038 | +0.031% | $316K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06033 | −0.040% | $14.8M | $130.6M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Bybit SEIUSDT
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06028 | −0.131% | $3.5M | $40.1M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06036 | +0.002% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06033 | −0.048% | $35.1M | $28.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06035 | −0.015% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06036 | +0.002% | $9.9M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06034 | −0.031% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06035 | −0.015% | $106K | $622K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06005 | −0.520% | $204K | $2.0M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05990 | −0.760% | $108K | $669K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06036 | +0.002% | $2K | $58K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06049 | +0.217% | $22K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06032 | −0.072% | $76K | $548K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06040 | +0.068% | $769K | $1.3M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0267% | 1h | 0.06032 | −0.065% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0314% | 1h | 0.06038 | +0.030% | $372K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06040 | +0.060% | $115 | — | 20x | as long as short |
| dYdX SEI-USD | +0.1093% | 1h | 0.06038 | +0.032% | $103K | $2K | 5x | as long as short |
OKX SEI-USDT-SWAP
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
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
dYdX SEI-USD