SEI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0982%/8h= +107.5% APRnext payment +$1.23 per $10,000 · paid last 24h +0.114%

Price spread now: Kraken Futures against GMX−0.026%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Kraken Futures

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. Kraken Futures is 0.026% cheaper against GMX than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$29 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SEI/USD [ETH-USDC]	0.05928	L −0.0802% / S +0.0440%	get 0.0100% / 1h	58m 14s	$23K	—	100x
Short	Kraken Futures PF_SEIUSD	0.05926	0.0180	get 0.0022% / 1h	58m 14s	$361K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee GMXbpFee Kraken FuturesbpOrdersPrice spread, now −0.026%Rate

Funding earned: $206.24
Price spread: −0.026% → 0.000%: −$2.58
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $181.66
Costs to cover: 0.220%
Break-even: 0.8 days

Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, just now. 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 Kraken Futures live order book, just now	5.91 bp	15.7 bp −$16	44.4 bp −$444	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	0.05928	long leg	$23K	—	100x
Bybit SEIUSDT	−0.0223%	8h	0.05919	−0.145%	$14.0M	$36.1M	50x	as long as short
Variational Omni SEI	−0.0097%	8h	0.05931	+0.052%	$317K	$222K	—	as long as short
gTrade (Gains Network) SEI/USD	L −0.0005% / S +0.0006%	1h	0.05928	+0.007%	$8K	—	150x	as long as short
Lighter SEI	+0.0096%	1h	0.05924	−0.061%	$265K	$1.2M	10x	as long as short
Orderly PERP_SEI_USDC	+0.0100%	8h	0.05926	−0.027%	$1K	$110K	20x	as long as short
Hyperliquid SEI	+0.0100%	1h	0.05929	+0.022%	$3.4M	$6.5M	5x	as long as short
Aster SEIUSDT	+0.0100%	8h	0.05931	+0.058%	$310K	$361K	20x	as long as short
Binance SEIUSDT	+0.0100%	8h	0.05924	−0.053%	$14.4M	$127.7M	75x	as long as short
OKX SEI-USDT-SWAP	+0.0100%	4h	0.05922	−0.094%	$3.1M	$39.8M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SEI_USDT	+0.0100%	8h	0.05927	−0.010%	$1.1M	$3.4M	75x	as long as short
MEXC SEI_USDT	+0.0100%	8h	0.05927	−0.010%	$34.6M	$27.0M	300x	as long as short
KuCoin SEIUSDTM	+0.0100%	8h	0.05926	−0.027%	$6.1M	$14.3M	75x	as long as short
Bitget SEIUSDT	+0.0100%	8h	0.05925	−0.044%	$9.2M	$16.9M	75x	as long as short
BingX SEI-USDT	+0.0100%	8h	0.05924	−0.061%	—	$33.2M	—	as long as short
Backpack SEI_USDC_PERP	+0.0100%	1h	0.05935	+0.125%	$116K	$564K	10x	as long as short
GRVT SEI_USDT_Perp	+0.0100%	8h	0.05945	+0.288%	$209K	$1.5M	10x	as long as short
ApeX Omni SEIUSDT	+0.0100%	1h	0.05940	+0.209%	$108K	$674K	50x	as long as short
SunX SEI-USDT	+0.0100%	8h	0.05930	+0.040%	$23K	$4.6M	30x	as long as short
Extended SEI-USD	+0.0104%	1h	0.05922	−0.100%	$75K	$471K	25x	as long as short
Coinbase International SEI-PERP-INTX	+0.0144%	1h	0.05930	+0.040%	$34K	$206K	50x	as long as short
Kraken Futures PF_SEIUSDshort	+0.0180%	1h	0.05926	−0.026%	$361K	$1.6M	50x
BloFin SEI-USDT	+0.0220%	8h	0.05936	+0.142%	$723K	$1.2M	75x	as long as short
Deribit SEI_USDC-PERPETUAL	+0.0257%	1h	0.05923	−0.078%	$10K	$72K	25x	as long as short
Reya SEIRUSDPERP	+0.0346%	1h	0.05923	−0.083%	$113	—	20x	as long as short
Injective SEI/USDC PERP	+0.0974%	1h	0.05924	−0.061%	$8K	$42K	12x	as long as short
dYdX SEI-USD	+0.1571%	1h	0.05930	+0.034%	$101K	$2K	5x	as long as short