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+0.1665%/8h= +182.3% APRnext payment +$2.08 per $10,000 · paid last 24h −0.139%
Price spread now: Injective against GMX+0.520%57s7-day average · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and Injective is 0.520% dearer against GMX than usual: you sell high and buy low: +$52 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SEI/USD [ETH-USDC]0.05927L −0.0802% / S +0.0440%get 0.0100% / 1h36m 21s$23K100x
ShortInjective SEI/USDC PERP0.059580.0863get 0.0108% / 1h36m 21s$9K$42K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$349.6
Price spread: +0.520% → 0.000%
$51.96
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$389.54
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Injective no order-book sample
GMX 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SEI/USD [ETH-USDC]longL −0.0802% / S +0.0440%1h0.05927long leg$23K100x
Coinbase International SEI-PERP-INTX−0.0056%1h0.05960+0.553%$33K$210K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0005% / S +0.0006%1h0.05926−0.012%$8K150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05942+0.250%$20K$62K25xas long as short
Variational Omni SEI+0.0037%8h0.05919−0.138%$315K$240Kas long as short
Lighter SEI+0.0096%1h0.05931+0.064%$267K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0098%8h0.05925−0.037%$2K$111K20xas long as short
Hyperliquid SEI+0.0100%1h0.05931+0.069%$3.4M$6.6M5xas long as short
Aster SEIUSDT+0.0100%8h0.05933+0.105%$311K$382K20xas long as short
Binance SEIUSDT+0.0100%8h0.05925−0.033%$13.8M$128.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SEIUSDT+0.0100%8h0.05918−0.155%$13.9M$36.5M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05922−0.088%$3.0M$40.3M50xas long as short
Gate SEI_USDT+0.0100%8h0.05931+0.064%$1.1M$3.6M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05928+0.013%$29.5M$26.8M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05930+0.047%$7.1M$14.3M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05930+0.047%$9.3M$17.3M75xas long as short
BingX SEI-USDT+0.0100%8h0.05927−0.003%$32.9Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05938+0.182%$118K$565K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05924−0.054%$200K$1.4M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05930+0.047%$108K$668K50xas long as short
SunX SEI-USDT+0.0100%8h0.05950+0.385%$22K$4.7M30xas long as short
Extended SEI-USD+0.0104%1h0.05926−0.018%$75K$477K25xas long as short
Kraken Futures PF_SEIUSD+0.0213%1h0.05937+0.158%$377K$1.7M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05933+0.098%$717K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05927−0.002%$11320xas long as short
Injective SEI/USDC PERPshort+0.0863%1h0.05958+0.520%$9K$42K12x
dYdX SEI-USD+0.1893%1h0.05931+0.062%$101K$2K5xas long as short