Funding you earn now, next payment 06:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.105%
Price spread now: Hyperliquid against GMX+0.098%7-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—+ 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 0.098% dearer against GMX than usual: you sell high and buy low: +$10 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 | GMX SEI/USD [ETH-USDC] | 0.05991 | L +0.0016% / S +0.0017% | pay 0.0002% / 1h | 14m 40s | $3K | — | 100x |
| Short | Hyperliquid SEI | 0.05997 | 0.0100 | get 0.0013% / 1h | 14m 40s | $3.4M | $5.0M | 5x |
GMX SEI/USD [ETH-USDC]
Hyperliquid SEIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $17.71
- Price spread: +0.098% → 0.000%
- $9.85
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $6.56
- Costs to cover
- 0.210%
- Break-even
- 4.4 days
Slippage unknown: GMX: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 7 min ago | 1.93 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0137% | 8h | 0.05975 | −0.275% | $321K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05990 | −0.008% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC]long | L +0.0016% / S +0.0017% | 1h | 0.05991 | long leg | $3K | — | 100x | |
| Deribit SEI_USDC-PERPETUAL | +0.0084% | 1h | 0.05994 | +0.050% | $378 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05997 | +0.100% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEIshort | +0.0100% | 1h | 0.05997 | +0.098% | $3.4M | $5.0M | 5x | |
| Aster SEIUSDT | +0.0100% | 8h | 0.05998 | +0.109% | $313K | $360K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05995 | +0.072% | $14.4M | $126.8M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05990 | −0.017% | $14.2M | $34.5M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05994 | +0.050% | $3.4M | $36.9M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter 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 | 0.05990 | −0.017% | $1.1M | $3.1M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05995 | +0.067% | $35.1M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05996 | +0.083% | $6.5M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05997 | +0.100% | $9.7M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05994 | +0.050% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05996 | +0.083% | $107K | $648K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06009 | +0.301% | $205K | $2.3M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06000 | +0.150% | $102K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05992 | +0.017% | $2K | $117K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06001 | +0.167% | $22K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05992 | +0.015% | $76K | $561K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05990 | −0.017% | $43K | $229K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05984 | −0.116% | $114 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0369% | 8h | 0.05996 | +0.083% | $720K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.06007 | +0.267% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0537% | 1h | 0.05990 | −0.025% | $362K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1253% | 1h | 0.05991 | −0.003% | $102K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
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
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD