Funding you earn now, next payment 03:00 UTC−0.0544%/8h= −59.6% APRpaid last 24h +0.040%
Price spread now: GMX against Orderly−0.072%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 −$16 a day on $10k at the current rate, and GMX is 0.072% cheaper against Orderly than usual: you would sell low and buy high (−$7 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 | Orderly PERP_SEI_USDC | 0.06000 | 0.0100 | pay 0.0100% / 8h | 5h 54m | $2K | $97K | 20x |
| Short | GMX SEI/USD [ETH-USDC] | 0.05996 | L −0.0815% / S +0.0444% | pay 0.0055% / 1h | 54m 06s | $23K | — | 100x |
Orderly PERP_SEI_USDC
GMX SEI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Orderly. 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
- −$114.21
- Price spread: −0.072% → 0.000%
- −$7.17
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$139.37
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Orderly and 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 26 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SEI/USD [ETH-USDC]short | L −0.0815% / S +0.0444% | 1h | 0.05996 | −0.072% | $23K | — | 100x | |
| Variational Omni SEI | −0.0115% | 8h | 0.06010 | +0.158% | $319K | $187K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05997 | −0.057% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06002 | +0.033% | $10K | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06002 | +0.033% | $272K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05997 | −0.047% | $3.5M | $5.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05998 | −0.035% | $314K | $354K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05998 | −0.030% | $14.3M | $127.9M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05991 | −0.150% | $14.3M | $35.6M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05991 | −0.150% | $3.2M | $39.6M | 50x | 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-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SEI_USDT | +0.0100% | 8h | 0.05995 | −0.083% | $1.1M | $3.3M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05999 | −0.017% | $34.5M | $27.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06000 | 0.000% | $6.4M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05999 | −0.017% | $9.5M | $16.5M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05993 | −0.117% | — | $31.2M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05997 | −0.050% | $121K | $567K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05982 | −0.297% | $205K | $1.7M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05970 | −0.500% | $109K | $664K | 50x | as long as short |
| Orderly PERP_SEI_USDClong | +0.0100% | 8h | 0.06000 | long leg | $2K | $97K | 20x | |
| SunX SEI-USDT | +0.0100% | 8h | 0.06007 | +0.117% | $22K | $4.4M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06000 | +0.001% | $77K | $546K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0128% | 1h | 0.05977 | −0.383% | $34K | $207K | 50x | as long as short |
| Injective SEI/USDC PERP | +0.0156% | 1h | 0.06004 | +0.067% | $9K | $43K | 12x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05997 | −0.050% | $114 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0474% | 1h | 0.06002 | +0.036% | $377K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1401% | 1h | 0.06001 | +0.016% | $102K | $2K | 5x | as long as short |
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
Injective SEI/USDC PERP
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD