Funding you earn now, next payment 03:00 UTC−0.0544%/8h= −59.6% APRpaid last 24h +0.025%
Price spread now: GMX against GRVT+0.617%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
=The price spread pays, funding is against you. GMX is 0.617% dearer against GRVT than usual: you sell high and buy low (spread +0.617% now, against zero (this spread has no 7-day history yet)): +$62 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SEI_USDT_Perp | 0.05993 | 0.0100 | pay 0.0100% / 8h | 5h 42m | $208K | $1.7M | 10x |
| Short | GMX SEI/USD [ETH-USDC] | 0.06030 | L −0.0815% / S +0.0444% | pay 0.0055% / 1h | 42m 44s | $23K | — | 100x |
GRVT SEI_USDT_Perp
GMX SEI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against GRVT. 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
- −$114.21
- Price spread: +0.617% → 0.000%
- $61.68
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$73.53
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: GRVT: live order book, 1 min ago; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 1 min ago | 0.83 bp | 23.9 bp −$24 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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]short | L −0.0815% / S +0.0444% | 1h | 0.06030 | +0.617% | $23K | — | 100x | |
| Variational Omni SEI | −0.0112% | 8h | 0.05981 | −0.185% | $320K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06029 | +0.617% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0082% | 1h | 0.06032 | +0.658% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06032 | +0.658% | $274K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06030 | +0.623% | $3.5M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06030 | +0.622% | $315K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06033 | +0.670% | $14.5M | $128.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06026 | +0.558% | $14.4M | $35.7M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06027 | +0.575% | $3.2M | $39.7M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06027 | +0.575% | $1.1M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06033 | +0.675% | $35.0M | $27.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06030 | +0.625% | $6.4M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06031 | +0.642% | $9.5M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06029 | +0.608% | — | $31.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06036 | +0.725% | $120K | $593K | 10x | as long as short |
| GRVT SEI_USDT_Perplong | +0.0100% | 8h | 0.05993 | long leg | $208K | $1.7M | 10x | |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06020 | +0.458% | $110K | $664K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06031 | +0.642% | $2K | $97K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06041 | +0.809% | $23K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06032 | +0.661% | $78K | $546K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0128% | 1h | 0.05977 | −0.259% | $34K | $207K | 50x | as long as short |
| Injective SEI/USDC PERP | +0.0156% | 1h | 0.06020 | +0.458% | $9K | $43K | 12x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06032 | +0.658% | $737K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06028 | +0.596% | $115 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0472% | 1h | 0.06035 | +0.715% | $380K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1216% | 1h | 0.06029 | +0.607% | $103K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
Backpack SEI_USDC_PERP
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
Injective SEI/USDC PERP
BloFin SEI-USDT
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD