Funding you earn now, next payment 05:00 UTC+0.0055%/8h= +6.0% APRpaid last 24h +0.089%
Price spread now: BingX against GMX−0.201%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. BingX is 0.201% cheaper against GMX than usual: you would sell low and buy high (spread −0.201% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 12 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SEI/USD [ETH-USDC] | 0.06031 | L +0.0045% / S +0.0073% | pay 0.0006% / 1h | 26m 27s | $6K | — | 100x |
| Short | BingX SEI-USDT | 0.06019 | 0.0100 | get 0.0100% / 8h | 3h 26m | — | $31.4M | — |
GMX SEI/USD [ETH-USDC]
BingX SEI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GMX. 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
- $11.55
- Price spread: −0.201% → 0.000%
- −$20.06
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$30.51
- Costs to cover
- 0.220%
- Break-even
- 25.5 days
Slippage unknown: GMX: no order-book sample; BingX: live order book, 12 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 GMX no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 12 min ago | 2.50 bp | 13.6 bp −$14 | 25.6 bp −$256 | 73.8 bp −$7,379 | 341.4 bp −$170.7K |
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 | −0.0203% | 8h | 0.06034 | +0.055% | $321K | $186K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06030 | −0.013% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06030 | −0.018% | $381 | $82K | 25x | as long as short |
| Bybit SEIUSDT | +0.0040% | 8h | 0.06011 | −0.333% | $14.4M | $36.2M | 50x | as long as short |
| GMX SEI/USD [ETH-USDC]long | L +0.0045% / S +0.0073% | 1h | 0.06031 | long leg | $6K | — | 100x | |
| Lighter SEI | +0.0096% | 1h | 0.06026 | −0.085% | $268K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06024 | −0.124% | $3.5M | $5.3M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06022 | −0.156% | $315K | $349K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06017 | −0.229% | $14.7M | $129.8M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06016 | −0.250% | $3.4M | $39.4M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Bybit SEIUSDT
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.06019 | −0.201% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06018 | −0.217% | $35.1M | $28.7M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06023 | −0.134% | $6.5M | $14.6M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06019 | −0.201% | $10.0M | $16.7M | 75x | as long as short |
| BingX SEI-USDTshort | +0.0100% | 8h | 0.06019 | −0.201% | — | $31.4M | — | |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06032 | +0.015% | $108K | $631K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06025 | −0.097% | $209K | $2.1M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06040 | +0.148% | $103K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06030 | −0.018% | $2K | $56K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06038 | +0.114% | $23K | $4.2M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06017 | −0.230% | $77K | $547K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.06040 | +0.148% | $44K | $221K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06034 | +0.048% | $754K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0257% | 1h | 0.06028 | −0.044% | $373K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06020 | −0.178% | $115 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.06037 | +0.098% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1512% | 1h | 0.06019 | −0.195% | $103K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
Backpack SEI_USDC_PERP
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD