Funding you earn now, next payment 00:00 UTC+0.0902%/8h= +98.8% APRpaid last 24h +0.018%
Price spread now: GRVT against GMX+0.240%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
=Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and GRVT is 0.240% dearer against GMX than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SEI/USD [ETH-USDC] | 0.05931 | L −0.0802% / S +0.0440% | get 0.0100% / 1h | 7m 18s | $23K | — | 100x |
| Short | GRVT SEI_USDT_Perp | 0.05946 | 0.0100 | get 0.0100% / 8h | 7m 18s | $203K | $1.5M | 10x |
GMX SEI/USD [ETH-USDC]
GRVT SEI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $189.47
- Price spread: +0.240% → 0.000%
- $24
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $192.47
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; GRVT: live order book, 1 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 GRVT live order book, 1 min ago | 2.53 bp | 8.9 bp −$9 | 23.0 bp −$230 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC]long | L −0.0802% / S +0.0440% | 1h | 0.05931 | long leg | $23K | — | 100x | |
| Variational Omni SEI | −0.0082% | 8h | 0.05910 | −0.368% | $316K | $222K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05933 | +0.024% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0087% | 1h | 0.05935 | +0.059% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05937 | +0.093% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05934 | +0.042% | $1K | $110K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05937 | +0.084% | $3.5M | $6.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05932 | +0.016% | $310K | $363K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05934 | +0.046% | $14.1M | $127.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05926 | −0.093% | $14.0M | $36.1M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit 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 | 0.05928 | −0.059% | $3.1M | $39.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05933 | +0.025% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05935 | +0.059% | $34.7M | $27.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05933 | +0.025% | $6.2M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05934 | +0.042% | $9.3M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05931 | −0.008% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05940 | +0.143% | $117K | $566K | 10x | as long as short |
| GRVT SEI_USDT_Perpshort | +0.0100% | 8h | 0.05946 | +0.240% | $203K | $1.5M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | −0.025% | $108K | $673K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05940 | +0.143% | $23K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05933 | +0.018% | $75K | $476K | 25x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05934 | +0.042% | $717K | $1.2M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0323% | 1h | 0.05935 | +0.065% | $363K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0328% | 1h | 0.05950 | +0.312% | $33K | $208K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05931 | −0.014% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.1153% | 1h | 0.05925 | −0.110% | $8K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1899% | 1h | 0.05934 | +0.045% | $101K | $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
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD