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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0237%/8h= −26.0% APRpaid last 24h +0.014%
Price spread now: GMX against Bitget−0.233%7-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 −$7 a day on $10k at the current rate, and GMX is 0.233% cheaper against Bitget than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SEIUSDT0.060630.0100pay 0.0100% / 8h4h 40m$10.0M$16.8M75x
ShortGMX SEI/USD [ETH-USDC]0.06049L +0.0037% / S +0.0137%pay 0.0017% / 1h40m 56s$6K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Bitget. 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
−$49.83
Price spread: −0.233% → 0.000%
−$23.26
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$97.09
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago0.83 bp12.6 bp −$1334.2 bp −$342doesn'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−0.0183%8h0.06040−0.373%$328K$184Kas long as short
Coinbase International SEI-PERP-INTX−0.0032%1h0.06149+1.418%$43K$223K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06050−0.216%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06052−0.181%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]shortL +0.0037% / S +0.0137%1h0.06049−0.233%$6K100x
Bybit SEIUSDT+0.0090%8h0.06056−0.115%$14.5M$36.2M50xas long as short
Lighter SEI+0.0096%1h0.06053−0.165%$275K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06063−0.007%$3.5M$5.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.06054−0.143%$317K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.06058−0.082%$15.0M$130.5M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06062−0.016%$3.5M$40.2M50xas long as short
Gate SEI_USDT+0.0100%8h0.06050−0.214%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06051−0.198%$35.1M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06055−0.132%$6.5M$14.5M75xas long as short
Bitget SEIUSDTlong+0.0100%8h0.06063long leg$10.0M$16.8M75x
BingX SEI-USDT+0.0100%8h0.06054−0.148%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06054−0.148%$109K$609K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06040−0.387%$204K$1.9M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06040−0.379%$109K$667K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06053−0.165%$2K$83K20xas long as short
SunX SEI-USDT+0.0100%8h0.06051−0.198%$23K$4.3M30xas long as short
Extended SEI-USD+0.0104%1h0.06061−0.026%$78K$547K25xas long as short
BloFin SEI-USDT+0.0220%8h0.06050−0.214%$773K$1.3M75xas long as short
Injective SEI/USDC PERP+0.0267%1h0.06062−0.016%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0313%1h0.06054−0.155%$374K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06047−0.265%$11520xas long as short
dYdX SEI-USD+0.0593%1h0.06056−0.117%$103K$2K5xas long as short