Funding you earn now, next payment 03:00 UTC−0.0406%/8h= −44.5% APRpaid last 24h −0.011%
Price spread now: GMX against BloFin+0.280%51s7-day average — · you sell dearer than you buy
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—needs both histories
The price spread pays, funding is against you. GMX is 0.280% dearer against BloFin than usual: you sell high and buy low (spread +0.280% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.3 days. The two prices were read 51 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 | BloFin SEI-USDT | 0.06113 | 0.0220 | pay 0.0220% / 8h | 5h 30m | $740K | $1.2M | 75x |
| Short | GMX SEI/USD [ETH-USDC] | 0.06130 | L −0.0011% / S +0.0186% | pay 0.0023% / 1h | 30m 19s | $6K | — | 100x |
BloFin SEI-USDT
GMX SEI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BloFin. 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
- −$85.32
- Price spread: +0.280% → 0.000%
- $27.97
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$81.35
- Costs to cover
- 0.240%
- Break-even
- from the start
Slippage unknown: BloFin: live order book, 2 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 BloFin live order book, 2 min ago | 2.45 bp | 8.6 bp −$9 | 21.1 bp −$211 | 72.0 bp −$7,204 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0121% | 8h | 0.06107 | −0.094% | $327K | $177K | — | as long as short |
| GMX SEI/USD [ETH-USDC]short | L −0.0011% / S +0.0186% | 1h | 0.06130 | +0.280% | $6K | — | 100x | |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06129 | +0.266% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06130 | +0.278% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06126 | +0.213% | $277K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06128 | +0.244% | $3.5M | $5.8M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06127 | +0.227% | $320K | $356K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06128 | +0.249% | $15.2M | $129.3M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06121 | +0.131% | $14.7M | $36.0M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06124 | +0.180% | $3.4M | $40.5M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
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 | 0.06128 | +0.245% | $1.2M | $3.4M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06124 | +0.180% | $35.6M | $28.0M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06126 | +0.213% | $6.6M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06127 | +0.229% | $9.7M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06125 | +0.196% | — | $31.3M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06100 | −0.220% | $207K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06110 | −0.049% | $111K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06128 | +0.245% | $2K | $96K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06135 | +0.360% | $23K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06126 | +0.217% | $79K | $543K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0128% | 1h | 0.05977 | −2.225% | $34K | $207K | 50x | as long as short |
| Backpack SEI_USDC_PERP | +0.0152% | 1h | 0.06122 | +0.147% | $121K | $597K | 10x | as long as short |
| Injective SEI/USDC PERP | +0.0156% | 1h | 0.06126 | +0.213% | $9K | $43K | 12x | as long as short |
| BloFin SEI-USDTlong | +0.0220% | 8h | 0.06113 | long leg | $740K | $1.2M | 75x | |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06123 | +0.166% | $117 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0465% | 1h | 0.06125 | +0.199% | $382K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0830% | 1h | 0.06123 | +0.167% | $104K | $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
Backpack SEI_USDC_PERP
Injective SEI/USDC PERP
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD