Funding you earn now, next payment 07:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h +0.002%
Price spread now: GMX against MEXC−0.553%148s7-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 $0 a day on $10k at the current rate, and GMX is 0.553% cheaper against MEXC than usual: you would sell low and buy high (−$55 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 148 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 | MEXC SEI_USDT | 0.06005 | 0.0100 | pay 0.0100% / 8h | 1h 25m | $36.2M | $27.8M | 300x |
| Short | GMX SEI/USD [ETH-USDC] | 0.05972 | L +0.0050% / S −0.0086% | get 0.0011% / 1h | 25m 00s | $3K | — | 100x |
MEXC SEI_USDT
GMX SEI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against MEXC. 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
- −$2.85
- Price spread: −0.553% → 0.000%
- −$55.29
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$70.14
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 1.68 bp | 5.2 bp −$5 | 10.4 bp −$104 | 46.1 bp −$4,610 | 83.3 bp −$41.7K |
| 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 | −0.0091% | 8h | 0.05995 | −0.159% | $314K | $179K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05999 | −0.106% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC]short | L +0.0050% / S −0.0086% | 1h | 0.05972 | −0.553% | $3K | — | 100x | |
| Lighter SEI | +0.0096% | 1h | 0.06018 | +0.216% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06010 | +0.082% | $3.4M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06007 | +0.041% | $314K | $367K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06007 | +0.042% | $14.5M | $124.2M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06002 | −0.050% | $14.2M | $33.9M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06001 | −0.067% | $3.4M | $36.0M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06015 | +0.167% | $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_USDTlong | +0.0100% | 8h | 0.06005 | long leg | $36.2M | $27.8M | 300x | |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06010 | +0.083% | $6.6M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06005 | 0.000% | $9.7M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06008 | +0.050% | — | $31.4M | — | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05978 | −0.450% | $212K | $2.5M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05970 | −0.583% | $101K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06014 | +0.150% | $2K | $160K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06027 | +0.366% | $23K | $3.8M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06005 | +0.001% | $76K | $389K | 25x | as long as short |
| Backpack SEI_USDC_PERP | +0.0205% | 1h | 0.06012 | +0.117% | $111K | $647K | 10x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0249% | 1h | 0.06016 | +0.183% | $380 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0272% | 1h | 0.05980 | −0.416% | $43K | $230K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06002 | −0.057% | $115 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0348% | 1h | 0.06013 | +0.127% | $369K | $1.6M | 50x | as long as short |
| BloFin SEI-USDT | +0.0362% | 8h | 0.06016 | +0.183% | $732K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0402% | 1h | 0.06031 | +0.433% | $9K | $40K | 12x | as long as short |
| dYdX SEI-USD | +0.2174% | 1h | 0.05998 | −0.117% | $102K | $2K | 5x | as long as short |
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