Settings8H · net · $10k
Funding arb · Price arb /

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1407%/8h= −154.0% APRnext payment $1.76 per $10,000 · paid last 24h −0.487%
Price spread now: GMX against dYdX−0.157%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and GMX is 0.157% cheaper against dYdX than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX SEI-USD0.059440.1381pay 0.0173% / 1h30m 08s$101K$2K5x
ShortGMX SEI/USD [ETH-USDC]0.05935L +0.0013% / S +0.0026%pay 0.0003% / 1h30m 08s$3K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$295.43
Price spread: −0.157% → 0.000%
−$15.66
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$333.09
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: dYdX: live order book, 19 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
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 19 min ago91.44 bp96.4 bp −$9696.4 bp −$964125.6 bp −$12.6K283.2 bp −$141.6K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SEI−0.0161%8h0.05932−0.202%$318K$175Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05934−0.170%150xas long as short
GMX SEI/USD [ETH-USDC]shortL +0.0013% / S +0.0026%1h0.05935−0.157%$3K100x
Lighter SEI+0.0096%1h0.05939−0.086%$270K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.05940−0.066%$3.4M$5.0M5xas long as short
Aster SEIUSDT+0.0100%8h0.05940−0.066%$311K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.05937−0.113%$14.3M$127.2M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05932−0.204%$14.1M$34.6M50xas long as short
OKX SEI-USDT-SWAP+0.0100%4h0.05936−0.136%$3.4M$37.0M50xas long as short
Gate SEI_USDT+0.0100%8h0.05935−0.153%$1.1M$3.1M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SEI_USDT+0.0100%8h0.05936−0.136%$34.0M$27.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.05937−0.120%$6.4M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.05937−0.120%$9.7M$16.6M75xas long as short
BingX SEI-USDT+0.0100%8h0.05935−0.153%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05939−0.086%$106K$645K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05935−0.148%$212K$2.3M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05930−0.237%$101K$673K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05936−0.136%$2K$104K20xas long as short
SunX SEI-USDT+0.0100%8h0.05943−0.019%$22K$4.0M30xas long as short
Extended SEI-USD+0.0104%1h0.05934−0.172%$78K$565K25xas long as short
Deribit SEI_USDC-PERPETUAL+0.0255%1h0.05938−0.103%$375$72K25xas long as short
Coinbase International SEI-PERP-INTX+0.0280%1h0.05944−0.002%$41K$225K50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05938−0.097%$11320xas long as short
BloFin SEI-USDT+0.0370%8h0.05937−0.120%$728K$1.4M75xas long as short
Injective SEI/USDC PERP+0.0410%1h0.05943−0.019%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0543%1h0.05934−0.178%$365K$1.6M50xas long as short
dYdX SEI-USDlong+0.1381%1h0.05944long leg$101K$2K5x