Funding you earn now, next payment 22:00 UTC+0.0839%/8h= +91.9% APRpaid last 24h −0.011%
Price spread now: Variational Omni against GMX+0.051%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Variational Omni is 0.051% dearer against GMX than usual: you sell high and buy low: +$5 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] | 0.05916 | L −0.0802% / S +0.0440% | get 0.0100% / 1h | 39m 20s | $23K | — | 100x |
| Short | Variational Omni SEI | 0.05919 | 0.0037 | get 0.0037% / 8h | 2h 39m | $315K | $240K | — |
GMX SEI/USD [ETH-USDC]
Variational Omni SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $176.15
- Price spread: +0.051% → 0.000%
- $5.12
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $169.27
- Costs to cover
- 0.120%
- Break-even
- 0.3 days
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 49 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 Variational Omni RFQ quote, 49 min ago | 4.19 bp | doesn't fit | 24.3 bp −$243 | 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 | 0.05916 | long leg | $23K | — | 100x | |
| Deribit SEI_USDC-PERPETUAL | −0.0088% | 1h | 0.05916 | 0.000% | $20K | $62K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | −0.0056% | 1h | 0.05960 | +0.744% | $33K | $210K | 50x | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05917 | +0.024% | $8K | — | 150x | as long as short |
| Variational Omni SEIshort | +0.0037% | 8h | 0.05919 | +0.051% | $315K | $240K | — | |
| Lighter SEI | +0.0096% | 1h | 0.05915 | −0.017% | $266K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0098% | 8h | 0.05917 | +0.017% | $2K | $111K | 20x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05918 | +0.034% | $3.4M | $6.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05918 | +0.036% | $310K | $382K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05913 | −0.051% | $13.8M | $128.4M | 75x | as long as short |
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
gTrade (Gains Network) SEI/USD
Lighter SEI
Orderly PERP_SEI_USDC
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SEIUSDT | +0.0100% | 8h | 0.05909 | −0.118% | $13.9M | $36.6M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05910 | −0.101% | $3.0M | $40.2M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05910 | −0.101% | $1.1M | $3.6M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05915 | −0.017% | $29.5M | $26.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05914 | −0.034% | $7.1M | $14.3M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05912 | −0.068% | $9.3M | $17.3M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05913 | −0.051% | — | $32.9M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05927 | +0.186% | $118K | $566K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05924 | +0.135% | $200K | $1.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05930 | +0.237% | $108K | $668K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05923 | +0.118% | $23K | $4.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05913 | −0.046% | $75K | $477K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0214% | 1h | 0.05914 | −0.037% | $375K | $1.7M | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05917 | +0.017% | $715K | $1.3M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05912 | −0.060% | $113 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0863% | 1h | 0.05951 | +0.592% | $9K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.1895% | 1h | 0.05919 | +0.054% | $101K | $2K | 5x | as long as short |
Bybit SEIUSDT
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
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD