Funding you earn now, next payment 23:00 UTC−0.0540%/8h= −59.1% APRnext payment −$0.68 per $10,000 · paid last 24h +0.042%
Price spread now: GMX against Hyperliquid−0.191%7-day average — · you buy dearer than you sell
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 airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and GMX is 0.191% cheaper against Hyperliquid than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid SEI | 0.05901 | 0.0100 | pay 0.0013% / 1h | 1m 05s | $3.4M | $6.5M | 5x |
| Short | GMX SEI/USD [ETH-USDC] | 0.05890 | L −0.0802% / S +0.0440% | pay 0.0055% / 1h | 1m 05s | $23K | — | 100x |
Hyperliquid SEI
GMX SEI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Hyperliquid. 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
- −$113.4
- Price spread: −0.191% → 0.000%
- −$19.15
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$153.55
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 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 Hyperliquid live order book, 11 min ago | 0.68 bp | 10.0 bp −$10 | doesn't fit | 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 −0.0802% / S +0.0440% | 1h | 0.05890 | −0.191% | $23K | — | 100x | |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.05889 | −0.207% | $8K | — | 150x | as long as short |
| Variational Omni SEI | +0.0001% | 8h | 0.05874 | −0.466% | $310K | $232K | — | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0090% | 1h | 0.05892 | −0.156% | $20K | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05895 | −0.105% | $265K | $1.2M | 10x | as long as short |
| Orderly PERP_SEI_USDC | +0.0099% | 8h | 0.05891 | −0.173% | $2K | $110K | 20x | as long as short |
| Hyperliquid SEIlong | +0.0100% | 1h | 0.05901 | long leg | $3.4M | $6.5M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05900 | −0.022% | $308K | $368K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05899 | −0.041% | $13.7M | $125.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05893 | −0.139% | $13.9M | $36.1M | 50x | as long as short |
gTrade (Gains Network) SEI/USD
Variational Omni SEI
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Orderly PERP_SEI_USDC
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 | 0.05894 | −0.122% | $3.0M | $39.7M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05896 | −0.088% | $1.1M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05899 | −0.037% | $28.9M | $26.2M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05893 | −0.139% | $6.7M | $14.1M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05899 | −0.037% | $9.3M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05896 | −0.088% | — | $33.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05899 | −0.037% | $118K | $563K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05887 | −0.247% | $209K | $1.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05890 | −0.190% | $107K | $667K | 50x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05893 | −0.139% | $22K | $4.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05898 | −0.053% | $75K | $476K | 25x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0189% | 1h | 0.05893 | −0.131% | $372K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.05898 | −0.054% | $33K | $207K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05898 | −0.054% | $695K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05892 | −0.153% | $112 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0864% | 1h | 0.05883 | −0.308% | $8K | $42K | 12x | as long as short |
| dYdX SEI-USD | +0.2689% | 1h | 0.05888 | −0.221% | $100K | $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
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
SunX SEI-USDT
Extended SEI-USD
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD