Funding you earn now, next payment 08:00 UTC−0.0131%/8h= −14.4% APRpaid last 24h +0.092%
Price spread now: Orderly against GMX−0.026%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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Orderly is 0.026% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SEI/USD [ETH-USDC] | 0.06173 | L +0.0231% / S −0.1824% | pay 0.0029% / 1h | 8m 11s | $12K | — | 100x |
| Short | Orderly PERP_SEI_USDC | 0.06171 | 0.0100 | get 0.0100% / 8h | 8m 11s | $2K | $232K | 20x |
GMX SEI/USD [ETH-USDC]
Orderly PERP_SEI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$27.54
- Price spread: −0.026% → 0.000%
- −$2.59
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$48.13
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
GMX and Orderly: 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 | 0.06168 | −0.079% | $326K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06174 | +0.020% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06163 | −0.156% | $389 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06171 | −0.026% | $280K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06182 | +0.152% | $3.8M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06169 | −0.066% | $337K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06167 | −0.084% | $14.9M | $122.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06161 | −0.188% | $14.7M | $34.2M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06165 | −0.123% | $3.5M | $36.8M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06175 | +0.039% | $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 | 0.06169 | −0.058% | $38.2M | $27.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06170 | −0.042% | $6.9M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06169 | −0.058% | $9.9M | $17.1M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06166 | −0.107% | — | $16.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06171 | −0.026% | $119K | $671K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06181 | +0.136% | $214K | $2.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06170 | −0.042% | $103K | $675K | 50x | as long as short |
| Orderly PERP_SEI_USDCshort | +0.0100% | 8h | 0.06171 | −0.026% | $2K | $232K | 20x | |
| SunX SEI-USDT | +0.0100% | 8h | 0.06176 | +0.055% | $23K | $3.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06164 | −0.138% | $76K | $430K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC]long | L +0.0231% / S −0.1824% | 1h | 0.06173 | long leg | $12K | — | 100x | |
| BloFin SEI-USDT | +0.0240% | 8h | 0.06183 | +0.168% | $745K | $1.6M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0250% | 1h | 0.06167 | −0.088% | $381K | $1.7M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0288% | 1h | 0.06190 | +0.282% | $68K | $268K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06172 | −0.006% | $118 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0454% | 1h | 0.06106 | −1.079% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.0629% | 1h | 0.06175 | +0.042% | $105K | $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
SunX SEI-USDT
Extended SEI-USD
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD