Funding you earn now, next payment 07:00 UTC+0.0288%/8h= +31.6% APRnext payment +$0.36 per $10,000 · paid last 24h +0.153%
Price spread now: Kraken Futures against GMX+0.084%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—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Kraken Futures is 0.084% dearer against GMX than usual: you sell high and buy low: +$8 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] | 0.06046 | L +0.0058% / S −0.0111% | pay 0.0007% / 1h | 16m 58s | $3K | — | 100x |
| Short | Kraken Futures PF_SEIUSD | 0.06051 | 0.0346 | get 0.0043% / 1h | 16m 58s | $371K | $1.6M | 50x |
GMX SEI/USD [ETH-USDC]
Kraken Futures PF_SEIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $60.54
- Price spread: +0.084% → 0.000%
- $8.44
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $46.98
- Costs to cover
- 0.220%
- Break-even
- 1.6 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago | 4.13 bp | 22.1 bp −$22 | 53.5 bp −$535 | 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 | −0.0089% | 8h | 0.06016 | −0.481% | $315K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06047 | +0.025% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC]long | L +0.0058% / S −0.0111% | 1h | 0.06046 | long leg | $3K | — | 100x | |
| Lighter SEI | +0.0096% | 1h | 0.06055 | +0.157% | $274K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06058 | +0.202% | $3.5M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06059 | +0.228% | $317K | $359K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06055 | +0.153% | $14.6M | $123.4M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06049 | +0.058% | $14.3M | $33.9M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06048 | +0.041% | $3.4M | $36.2M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06051 | +0.091% | $1.2M | $3.1M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
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 | 0.06052 | +0.108% | $36.3M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06055 | +0.157% | $6.6M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06056 | +0.174% | $9.8M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06051 | +0.091% | — | $31.4M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06043 | −0.045% | $213K | $2.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06020 | −0.422% | $102K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06048 | +0.041% | $2K | $165K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06067 | +0.356% | $23K | $3.7M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06054 | +0.137% | $77K | $367K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0216% | 1h | 0.06056 | +0.174% | $112K | $648K | 10x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0246% | 1h | 0.06051 | +0.091% | $382 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0272% | 1h | 0.06060 | +0.240% | $43K | $234K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06049 | +0.059% | $115 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSDshort | +0.0346% | 1h | 0.06051 | +0.084% | $371K | $1.6M | 50x | |
| BloFin SEI-USDT | +0.0365% | 8h | 0.06049 | +0.058% | $726K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0402% | 1h | 0.06079 | +0.554% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.2011% | 1h | 0.06061 | +0.255% | $103K | $2K | 5x | as long as short |
MEXC SEI_USDT
KuCoin SEIUSDTM
Bitget SEIUSDT
BingX SEI-USDT
GRVT SEI_USDT_Perp
ApeX Omni SEIUSDT
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Backpack SEI_USDC_PERP
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
dYdX SEI-USD