Funding you earn now, next payment 09:00 UTC+0.0105%/8h= +11.5% APRnext payment +$0.13 per $10,000 · paid last 24h +0.033%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.140%7-day average — · you sell dearer than you buy
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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.140% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) SEI/USD | 0.06078 | L −0.0005% / S +0.0006% | get 0.0001% / 1h | 44m 52s | $8K | — | 150x |
| Short | Hyperliquid SEI | 0.06087 | 0.0100 | get 0.0013% / 1h | 44m 52s | $3.8M | $4.8M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against gTrade (Gains Network). 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
- $22.12
- Price spread: +0.140% → 0.000%
- $14
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $17.12
- Costs to cover
- 0.190%
- Break-even
- 1.6 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 7 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 7 min ago | 0.98 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 | 0.06110 | +0.522% | $9K | $40K | 12x | as long as short |
| Variational Omni SEI | −0.0093% | 8h | 0.06072 | −0.095% | $321K | $174K | — | as long as short |
| gTrade (Gains Network) SEI/USDlong | L −0.0005% / S +0.0006% | 1h | 0.06078 | long leg | $8K | — | 150x | |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06080 | +0.028% | $384 | $72K | 25x | as long as short |
| Gate SEI_USDT | +0.0071% | 8h | 0.06084 | +0.094% | $1.1M | $2.9M | 75x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06084 | +0.094% | $271K | $1.1M | 10x | as long as short |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.06087 | +0.140% | $3.8M | $4.8M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.06090 | +0.194% | $333K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06087 | +0.148% | $14.8M | $123.0M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06082 | +0.061% | $14.6M | $34.3M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06083 | +0.077% | $3.5M | $36.4M | 50x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06088 | +0.160% | $39.5M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06084 | +0.094% | $6.8M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06087 | +0.143% | $9.7M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06085 | +0.110% | — | $16.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06084 | +0.094% | $120K | $681K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06098 | +0.317% | $211K | $2.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06090 | +0.193% | $102K | $675K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06078 | −0.005% | $2K | $254K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06085 | +0.110% | $23K | $3.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06084 | +0.092% | $69K | $438K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.06070 | −0.136% | $67K | $265K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06081 | +0.045% | $749K | $1.6M | 75x | as long as short |
| GMX SEI/USD [ETH-USDC] | L +0.0263% / S −0.2434% | 1h | 0.06078 | +0.002% | $12K | — | 100x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0267% | 1h | 0.06084 | +0.088% | $373K | $1.7M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06081 | +0.037% | $116 | — | 20x | as long as short |
| dYdX SEI-USD | +0.0639% | 1h | 0.06081 | +0.053% | $104K | $2K | 5x | as long as short |
gTrade (Gains Network) SEI/USD
Hyperliquid SEI
Injective SEI/USDC PERP
Variational Omni SEI
Deribit SEI_USDC-PERPETUAL
Gate SEI_USDT
Lighter SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
OKX SEI-USDT-SWAP
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
GMX SEI/USD [ETH-USDC]
Kraken Futures PF_SEIUSD