Funding you earn now, next payment 05:00 UTC−0.0165%/8h= −18.1% APRpaid last 24h +0.004%
Price spread now: GMX against KuCoin−1.291%59s7-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 −$5 a day on $10k at the current rate, and GMX is 1.291% cheaper against KuCoin than usual: you would sell low and buy high (−$129 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 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 | KuCoin SEIUSDTM | 0.06096 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $6.6M | $14.6M | 75x |
| Short | GMX SEI/USD [ETH-USDC] | 0.06017 | L +0.0046% / S +0.0065% | pay 0.0008% / 1h | 18m 24s | $6K | — | 100x |
KuCoin SEIUSDTM
GMX SEI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against KuCoin. 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
- −$34.74
- Price spread: −1.291% → 0.000%
- −$129.1
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$187.84
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; GMX: 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 KuCoin live order book, 5 min ago | 2.49 bp | 29.7 bp −$30 | 106.1 bp −$1,061 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | −0.0193% | 8h | 0.06005 | −1.494% | $321K | $186K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06100 | +0.073% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC]short | L +0.0046% / S +0.0065% | 1h | 0.06017 | −1.291% | $6K | — | 100x | |
| Bybit SEIUSDT | +0.0062% | 8h | 0.06074 | −0.361% | $14.5M | $35.2M | 50x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0082% | 1h | 0.06024 | −1.181% | $380 | $82K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06074 | −0.361% | $276K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06088 | −0.133% | $3.5M | $5.1M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06069 | −0.451% | $317K | $333K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06080 | −0.262% | $14.9M | $129.2M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06080 | −0.262% | $3.5M | $39.5M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Bybit SEIUSDT
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.06070 | −0.427% | $1.1M | $3.2M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06095 | −0.016% | $35.5M | $28.8M | 300x | as long as short |
| KuCoin SEIUSDTMlong | +0.0100% | 8h | 0.06096 | long leg | $6.6M | $14.6M | 75x | |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06096 | 0.000% | $10.1M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06064 | −0.525% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06044 | −0.853% | $107K | $630K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06012 | −1.378% | $207K | $2.1M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06010 | −1.411% | $102K | $668K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06020 | −1.247% | $2K | $60K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06022 | −1.214% | $23K | $4.1M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06065 | −0.511% | $77K | $547K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.06020 | −1.247% | $43K | $220K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06033 | −1.033% | $752K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0257% | 1h | 0.06027 | −1.137% | $370K | $1.5M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06095 | −0.012% | $116 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.06027 | −1.132% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1536% | 1h | 0.06071 | −0.412% | $104K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
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
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD