Funding you earn now, next payment 03:00 UTC−0.0027%/8h= −2.9% APRpaid last 24h +0.056%
Price spread now: GMX against Variational Omni−0.361%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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GMX is 0.361% cheaper against Variational Omni than usual: you would sell low and buy high (−$36 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 | Variational Omni SEI | 0.06155 | −0.0144 | get 0.0144% / 8h | 5h 11m | $335K | $183K | — |
| Short | GMX SEI/USD [ETH-USDC] | 0.06133 | L +0.0007% / S +0.0171% | pay 0.0021% / 1h | 11m 47s | $7K | — | 100x |
Variational Omni SEI
GMX SEI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Variational Omni. 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
- −$5.57
- Price spread: −0.361% → 0.000%
- −$36.07
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$53.64
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 52 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 Variational Omni RFQ quote, 52 min ago | 4.18 bp | doesn't fit | 30.9 bp −$309 | 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 SEIlong | −0.0144% | 8h | 0.06155 | long leg | $335K | $183K | — | |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06133 | −0.356% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06132 | −0.379% | $10K | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC]short | L +0.0007% / S +0.0171% | 1h | 0.06133 | −0.361% | $7K | — | 100x | |
| Lighter SEI | +0.0096% | 1h | 0.06146 | −0.151% | $280K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06142 | −0.223% | $3.5M | $5.7M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06133 | −0.366% | $321K | $356K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06144 | −0.182% | $15.3M | $129.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06130 | −0.411% | $14.8M | $36.1M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06136 | −0.314% | $3.5M | $40.8M | 50x | as long as short |
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance SEIUSDT
Bybit 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 | 0.06132 | −0.379% | $1.2M | $3.5M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.06129 | −0.427% | $36.5M | $28.4M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06127 | −0.460% | $6.5M | $14.4M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06141 | −0.232% | $9.9M | $16.7M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06133 | −0.362% | — | $31.3M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06131 | −0.395% | $113K | $602K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06162 | +0.109% | $214K | $1.8M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06160 | +0.076% | $111K | $666K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06132 | −0.379% | $2K | $94K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06141 | −0.232% | $23K | $4.3M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06126 | −0.469% | $78K | $545K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0128% | 1h | 0.06160 | +0.076% | $42K | $222K | 50x | as long as short |
| Injective SEI/USDC PERP | +0.0156% | 1h | 0.06129 | −0.427% | $9K | $43K | 12x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.06124 | −0.509% | $586K | $1.2M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06130 | −0.404% | $117 | — | 20x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0464% | 1h | 0.06133 | −0.356% | $382K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.0700% | 1h | 0.06145 | −0.171% | $105K | $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
Orderly PERP_SEI_USDC
SunX SEI-USDT
Extended SEI-USD
Coinbase International SEI-PERP-INTX
Injective SEI/USDC PERP
BloFin SEI-USDT
Reya SEIRUSDPERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD