Funding you earn now, next payment 05:00 UTC−0.0445%/8h= −48.7% APRnext payment −$0.56 per $10,000 · paid last 24h −0.060%
Price spread now: GMX against Reya−0.132%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
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and GMX is 0.132% cheaper against Reya than usual: you would sell low and buy high (−$13 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 | Reya SEIRUSDPERP | 0.06034 | 0.0346 | pay 0.0043% / 1h | 55m 22s | $115 | — | 20x |
| Short | GMX SEI/USD [ETH-USDC] | 0.06026 | L +0.0041% / S +0.0099% | pay 0.0012% / 1h | 55m 22s | $6K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Reya. 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
- −$93.45
- Price spread: −0.132% → 0.000%
- −$13.2
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$124.65
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Reya and 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0201% | 8h | 0.06002 | −0.527% | $320K | $187K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06029 | −0.087% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC]short | L +0.0041% / S +0.0099% | 1h | 0.06026 | −0.132% | $6K | — | 100x | |
| Bybit SEIUSDT | +0.0044% | 8h | 0.06027 | −0.120% | $14.4M | $36.3M | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0083% | 1h | 0.06017 | −0.286% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06026 | −0.137% | $269K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06036 | +0.034% | $3.5M | $5.5M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06023 | −0.190% | $315K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06032 | −0.038% | $14.8M | $130.4M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06033 | −0.021% | $3.4M | $40.1M | 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 | 0.06025 | −0.154% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06031 | −0.054% | $35.0M | $28.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06033 | −0.021% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06037 | +0.045% | $10.0M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06030 | −0.071% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06012 | −0.369% | $106K | $628K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06013 | −0.351% | $208K | $2.0M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06020 | −0.236% | $108K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06033 | −0.021% | $2K | $52K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06014 | −0.336% | $23K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06027 | −0.115% | $76K | $550K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.06010 | −0.402% | $43K | $217K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06017 | −0.286% | $757K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0257% | 1h | 0.06018 | −0.272% | $371K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERPlong | +0.0346% | 1h | 0.06034 | long leg | $115 | — | 20x | |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.06053 | +0.310% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.2079% | 1h | 0.06024 | −0.171% | $103K | $2K | 5x | as long as short |
GMX SEI/USD [ETH-USDC]
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Bybit SEIUSDT
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance 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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Injective SEI/USDC PERP