Settings8H · net · $10k
Funding arb · Price arb /

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0137%/8h= −15.0% APRnext payment $0.17 per $10,000 · paid last 24h +0.002%
Price spread now: GMX against ApeX Omni−0.209%68s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GMX is 0.209% cheaper against ApeX Omni than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SEIUSDT0.059700.0100pay 0.0013% / 1h48m 26s$101K$672K50x
ShortGMX SEI/USD [ETH-USDC]0.05958L +0.0009% / S +0.0037%pay 0.0005% / 1h48m 26s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. 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

Funding earned
−$28.78
Price spread: −0.209% → 0.000%
−$20.94
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$71.71
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 65 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 65 min ago16.58 bp45.7 bp −$46157.3 bp −$1,573doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SEI−0.0187%8h0.05965−0.076%$320K$176Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05958−0.201%150xas long as short
GMX SEI/USD [ETH-USDC]shortL +0.0009% / S +0.0037%1h0.05958−0.209%$3K100x
Bybit SEIUSDT+0.0084%8h0.05955−0.251%$14.1M$34.5M50xas long as short
Deribit SEI_USDC-PERPETUAL+0.0086%1h0.05956−0.235%$376$72K25xas long as short
Lighter SEI+0.0096%1h0.05962−0.134%$270K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05962−0.136%$3.4M$5.0M5xas long as short
Aster SEIUSDT+0.0100%8h0.05962−0.134%$312K$350K20xas long as short
Binance SEIUSDT+0.0100%8h0.05960−0.171%$14.4M$127.4M75xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05958−0.201%$3.4M$37.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SEI_USDT+0.0100%8h0.05958−0.201%$1.1M$3.1M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05959−0.184%$34.3M$27.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05962−0.134%$6.5M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05961−0.151%$9.8M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.05959−0.184%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05955−0.251%$103K$639K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05967−0.050%$209K$2.2M10xas long as short
ApeX Omni SEIUSDTlong+0.0100%1h0.05970long leg$101K$672K50x
Orderly PERP_SEI_USDC+0.0100%8h0.05954−0.268%$2K$86K20xas long as short
SunX SEI-USDT+0.0100%8h0.05963−0.117%$22K$4.0M30xas long as short
Extended SEI-USD+0.0104%1h0.05958−0.194%$79K$565K25xas long as short
Coinbase International SEI-PERP-INTX+0.0280%1h0.059700.000%$42K$225K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05959−0.184%$11420xas long as short
BloFin SEI-USDT+0.0361%8h0.05950−0.335%$737K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0410%1h0.05947−0.385%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0541%1h0.05953−0.293%$369K$1.6M50xas long as short
dYdX SEI-USD+0.1067%1h0.05955−0.251%$102K$2K5xas long as short