Funding you earn now, next payment 09:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.13 per $10,000 · paid last 24h −0.032%
Price spread now: gTrade (Gains Network) against Backpack−0.097%77s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.097% cheaper against Backpack than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SEI_USDC_PERP | 0.06204 | 0.0100 | pay 0.0013% / 1h | 0m 36s | $122K | $696K | 10x |
| Short | gTrade (Gains Network) SEI/USD | 0.06198 | L −0.0005% / S +0.0006% | pay 0.0001% / 1h | 0m 36s | $8K | — | 150x |
Backpack SEI_USDC_PERP
gTrade (Gains Network) SEI/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Backpack. 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
- −$22.24
- Price spread: −0.097% → 0.000%
- −$9.67
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$51.91
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 33 min ago; gTrade (Gains Network): 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 Backpack live order book, 33 min ago | 0.83 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SEI/USDC PERP | −0.0302% | 1h | 0.06192 | −0.193% | $9K | $40K | 12x | as long as short |
| Variational Omni SEI | −0.0109% | 8h | 0.06192 | −0.188% | $323K | $183K | — | as long as short |
| gTrade (Gains Network) SEI/USDshort | L −0.0005% / S +0.0006% | 1h | 0.06198 | −0.097% | $8K | — | 150x | |
| Deribit SEI_USDC-PERPETUAL | +0.0072% | 1h | 0.06206 | +0.032% | $392 | $62K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06203 | −0.016% | $274K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06211 | +0.118% | $4.1M | $4.7M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06200 | −0.063% | $341K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06198 | −0.097% | $15.1M | $120.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06191 | −0.210% | $14.8M | $34.1M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06192 | −0.193% | $3.5M | $36.6M | 50x | as long as short |
Injective SEI/USDC PERP
Variational Omni SEI
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 | 0.06201 | −0.048% | $1.1M | $3.0M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06199 | −0.081% | $32.6M | $29.1M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06202 | −0.032% | $6.9M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06198 | −0.097% | $9.9M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06195 | −0.145% | — | $16.2M | — | as long as short |
| Backpack SEI_USDC_PERPlong | +0.0100% | 1h | 0.06204 | long leg | $122K | $696K | 10x | |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06200 | −0.063% | $216K | $2.8M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06210 | +0.097% | $104K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06206 | +0.032% | $2K | $290K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06215 | +0.177% | $23K | $3.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06196 | −0.137% | $69K | $433K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.06192 | −0.193% | $68K | $272K | 50x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0206% / S −0.0601% | 1h | 0.06204 | −0.006% | $3K | — | 100x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06196 | −0.129% | $748K | $1.6M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0262% | 1h | 0.06206 | +0.025% | $376K | $1.7M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06202 | −0.027% | $118 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0839% | 1h | 0.06201 | −0.042% | $106K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
GMX SEI/USD [ETH-USDC]
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
dYdX SEI-USD