Funding you earn now, next payment 08:00 UTC+0.0238%/8h= +26.1% APRnext payment +$0.30 per $10,000 · paid last 24h +0.202%
Price spread now: Injective against GMX−0.710%57s7-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. Injective is 0.710% cheaper against GMX than usual: you would sell low and buy high (spread −0.710% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$71 on $10k: about 9.9 days of funding at the current rate (+$7 a day). The two prices were read 57 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 | GMX SEI/USD [ETH-USDC] | 0.06111 | L +0.0216% / S −0.1575% | pay 0.0027% / 1h | 18m 16s | $12K | — | 100x |
| Short | Injective SEI/USDC PERP | 0.06068 | 0.0454 | get 0.0057% / 1h | 18m 16s | $9K | $40K | 12x |
GMX SEI/USD [ETH-USDC]
Injective SEI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $50.07
- Price spread: −0.710% → 0.000%
- −$71.01
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$32.97
- Costs to cover
- 0.120%
- Break-even
- 11.6 days
Slippage unknown: GMX: no order-book sample; Injective: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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 | −0.0089% | 8h | 0.06046 | −1.071% | $319K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06112 | +0.002% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06115 | +0.059% | $386 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06114 | +0.043% | $274K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06119 | +0.129% | $3.8M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06113 | +0.021% | $334K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06114 | +0.036% | $14.8M | $122.4M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06108 | −0.056% | $14.5M | $34.0M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06109 | −0.039% | $3.5M | $36.3M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06111 | −0.007% | $1.1M | $3.2M | 75x | 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-SWAP
Gate SEI_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SEI_USDT | +0.0100% | 8h | 0.06114 | +0.043% | $37.7M | $27.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06114 | +0.043% | $6.7M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06111 | −0.007% | $10.0M | $17.0M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06112 | +0.010% | — | $16.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06115 | +0.059% | $113K | $668K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06064 | −0.779% | $205K | $2.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06080 | −0.514% | $101K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06111 | −0.007% | $2K | $223K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06128 | +0.272% | $23K | $3.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06109 | −0.040% | $76K | $429K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC]long | L +0.0216% / S −0.1575% | 1h | 0.06111 | long leg | $12K | — | 100x | |
| Kraken Futures PF_SEIUSD | +0.0252% | 1h | 0.06112 | +0.015% | $386K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0288% | 1h | 0.06090 | −0.350% | $44K | $240K | 50x | as long as short |
| BloFin SEI-USDT | +0.0319% | 8h | 0.06100 | −0.187% | $746K | $1.5M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06109 | −0.039% | $117 | — | 20x | as long as short |
| Injective SEI/USDC PERPshort | +0.0454% | 1h | 0.06068 | −0.710% | $9K | $40K | 12x | |
| dYdX SEI-USD | +0.0669% | 1h | 0.06119 | +0.131% | $104K | $2K | 5x | as long as short |
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
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
dYdX SEI-USD