Funding you earn now, next payment 07:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.092%
Price spread now: OKX against GMX+0.168%52s7-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 +$2 a day on $10k at the current rate, and OKX is 0.168% dearer against GMX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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] | 0.05961 | L +0.0049% / S −0.0083% | pay 0.0006% / 1h | 27m 35s | $3K | — | 100x |
| Short | OKX SEI-USDT-SWAP | 0.05971 | 0.0100 | get 0.0050% / 4h | 1h 27m | $3.3M | $35.9M | 50x |
GMX SEI/USD [ETH-USDC]
OKX SEI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $10.8
- Price spread: +0.168% → 0.000%
- $16.78
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $5.58
- Costs to cover
- 0.220%
- Break-even
- 3.4 days
Slippage unknown: GMX: no order-book sample; OKX: 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 OKX live order book, 1 min ago | 1.68 bp | 14.7 bp −$15 | 35.6 bp −$356 | 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 | −0.0103% | 8h | 0.05940 | −0.345% | $310K | $177K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05955 | −0.101% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC]long | L +0.0049% / S −0.0083% | 1h | 0.05961 | long leg | $3K | — | 100x | |
| Lighter SEI | +0.0096% | 1h | 0.05973 | +0.201% | $270K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05975 | +0.240% | $3.4M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05971 | +0.164% | $312K | $367K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05975 | +0.230% | $14.4M | $124.1M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05969 | +0.134% | $14.1M | $33.9M | 50x | as long as short |
| OKX SEI-USDT-SWAPshort | +0.0100% | 4h | 0.05971 | +0.168% | $3.3M | $35.9M | 50x | |
| Gate SEI_USDT | +0.0100% | 8h | 0.05967 | +0.101% | $1.1M | $3.0M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit SEIUSDT
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 | 0.05972 | +0.185% | $35.5M | $27.6M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05972 | +0.185% | $6.5M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05975 | +0.235% | $9.7M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05971 | +0.168% | — | $31.4M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05947 | −0.235% | $201K | $2.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | −0.185% | $101K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05960 | −0.017% | $2K | $153K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05967 | +0.101% | $23K | $3.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05970 | +0.152% | $76K | $428K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0162% | 1h | 0.05967 | +0.101% | $111K | $648K | 10x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0253% | 1h | 0.05965 | +0.067% | $377 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0272% | 1h | 0.05980 | +0.319% | $43K | $230K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05956 | −0.083% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0351% | 1h | 0.05962 | +0.012% | $366K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0367% | 8h | 0.05955 | −0.101% | $730K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0402% | 1h | 0.05965 | +0.067% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.2165% | 1h | 0.05965 | +0.074% | $102K | $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
Kraken Futures PF_SEIUSD
BloFin SEI-USDT
Injective SEI/USDC PERP
dYdX SEI-USD