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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.092%
Price spread now: ApeX Omni against GMX−0.185%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
Funding pays, the price is against you. ApeX Omni is 0.185% cheaper against GMX than usual: you would sell low and buy high (spread −0.185% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 12 days of funding at the current rate (+$2 a day). 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
LongGMX SEI/USD [ETH-USDC]0.05961L +0.0049% / S −0.0083%pay 0.0006% / 1h27m 58s$3K100x
ShortApeX Omni SEIUSDT0.059500.0100get 0.0013% / 1h27m 58s$101K$666K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
$10.8
Price spread: −0.185% → 0.000%
−$18.45
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$29.65
Costs to cover
0.220%
Break-even
26.2 days
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 15 min ago. 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 GMX no order-book sample
Sell ApeX Omni live order book, 15 min ago25.10 bp36.5 bp −$37137.2 bp −$1,372doesn't fitdoesn't fit
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−0.0103%8h0.05940−0.345%$310K$177Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05955−0.101%150xas long as short
GMX SEI/USD [ETH-USDC]longL +0.0049% / S −0.0083%1h0.05961long leg$3K100x
Lighter SEI+0.0096%1h0.05966+0.084%$270K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05967+0.099%$3.4M$4.9M5xas long as short
Aster SEIUSDT+0.0100%8h0.05963+0.031%$312K$367K20xas long as short
Binance SEIUSDT+0.0100%8h0.05969+0.127%$14.4M$124.2M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05963+0.034%$14.1M$33.9M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05964+0.050%$3.3M$35.9M50xas long as short
Gate SEI_USDT+0.0100%8h0.05963+0.034%$1.1M$3.0M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.05964+0.050%$35.5M$27.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05967+0.101%$6.5M$14.4M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05969+0.134%$9.7M$16.5M75xas long as short
BingX SEI-USDT+0.0100%8h0.05965+0.067%$31.4Mas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05947−0.235%$201K$2.5M10xas long as short
ApeX Omni SEIUSDTshort+0.0100%1h0.05950−0.185%$101K$666K50x
Orderly PERP_SEI_USDC+0.0100%8h0.05960−0.017%$2K$153K20xas long as short
SunX SEI-USDT+0.0100%8h0.05967+0.101%$23K$3.8M30xas long as short
Extended SEI-USD+0.0104%1h0.05963+0.035%$76K$447K25xas long as short
Backpack SEI_USDC_PERP+0.0162%1h0.05967+0.101%$111K$648K10xas long as short
Deribit SEI_USDC-PERPETUAL+0.0253%1h0.05965+0.067%$377$72K25xas long as short
Coinbase International SEI-PERP-INTX+0.0272%1h0.05980+0.319%$43K$230K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05956−0.083%$11420xas long as short
Kraken Futures PF_SEIUSD+0.0351%1h0.05962+0.012%$366K$1.6M50xas long as short
BloFin SEI-USDT+0.0367%8h0.05955−0.101%$730K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0402%1h0.05965+0.067%$9K$40K12xas long as short
dYdX SEI-USD+0.2062%1h0.05945−0.270%$101K$2K5xas long as short