Funding you earn now, next payment 09:00 UTC+0.0451%/8h= +49.4% APRnext payment +$0.56 per $10,000 · paid last 24h +0.031%
Price spread now: GMX against Lighter−0.181%69s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.181% cheaper against Lighter than usual: you would sell low and buy high (spread −0.181% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 32 hours of funding at the current rate (+$14 a day). The two prices were read 69 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 | Lighter SEI | 0.06149 | 0.0096 | pay 0.0012% / 1h | 19m 15s | $274K | $1.1M | 10x |
| Short | GMX SEI/USD [ETH-USDC] | 0.06138 | L +0.0189% / S −0.0547% | get 0.0068% / 1h | 19m 15s | $3K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Lighter. 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
- $94.7
- Price spread: −0.181% → 0.000%
- −$18.05
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $64.65
- Costs to cover
- 0.120%
- Break-even
- 2.2 days
Slippage unknown: Lighter: live order book, 6 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 Lighter live order book, 6 min ago | 2.45 bp | 6.3 bp −$6 | 28.6 bp −$286 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SEI/USDC PERP | −0.0302% | 1h | 0.06119 | −0.488% | $9K | $40K | 12x | as long as short |
| Variational Omni SEI | −0.0108% | 8h | 0.06140 | −0.153% | $331K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06147 | −0.037% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06146 | −0.049% | $388 | $72K | 25x | as long as short |
| Bybit SEIUSDT | +0.0073% | 8h | 0.06140 | −0.146% | $14.7M | $34.1M | 50x | as long as short |
| Lighter SEIlong | +0.0096% | 1h | 0.06149 | long leg | $274K | $1.1M | 10x | |
| Hyperliquid SEI | +0.0100% | 1h | 0.06149 | −0.002% | $3.8M | $4.6M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06147 | −0.025% | $338K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06146 | −0.045% | $14.9M | $121.7M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06143 | −0.098% | $3.5M | $36.4M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.06147 | −0.033% | $1.1M | $3.0M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06146 | −0.049% | $32.5M | $28.8M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06148 | −0.016% | $6.9M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06148 | −0.016% | $9.9M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06145 | −0.065% | — | $16.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06143 | −0.098% | $120K | $692K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06146 | −0.055% | $209K | $2.8M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06150 | +0.016% | $103K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06146 | −0.049% | $2K | $270K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06154 | +0.081% | $23K | $3.5M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06145 | −0.073% | $68K | $438K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC]short | L +0.0189% / S −0.0547% | 1h | 0.06138 | −0.181% | $3K | — | 100x | |
| Coinbase International SEI-PERP-INTX | +0.0192% | 1h | 0.06141 | −0.130% | $68K | $269K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06146 | −0.049% | $746K | $1.6M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0264% | 1h | 0.06147 | −0.030% | $375K | $1.7M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06147 | −0.038% | $117 | — | 20x | as long as short |
| dYdX SEI-USD | +0.1018% | 1h | 0.06149 | −0.007% | $105K | $2K | 5x | as long as short |
Lighter SEI
GMX SEI/USD [ETH-USDC]
Injective SEI/USDC PERP
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Bybit SEIUSDT
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
OKX SEI-USDT-SWAP
Gate SEI_USDT
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
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Kraken Futures PF_SEIUSD