Funding you earn now, next payment 06:00 UTC+0.0088%/8h= +9.7% APRpaid last 24h +0.091%
Price spread now: Binance against GMX−0.343%50s7-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
Funding pays, the price is against you. Binance is 0.343% cheaper against GMX than usual: you would sell low and buy high (spread −0.343% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$34 on $10k: about 13 days of funding at the current rate (+$3 a day). The two prices were read 50 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 | GMX SEI/USD [ETH-USDC] | 0.05958 | L +0.0012% / S +0.0029% | pay 0.0001% / 1h | 34m 32s | $3K | — | 100x |
| Short | Binance SEIUSDT | 0.05938 | 0.0100 | get 0.0100% / 8h | 2h 34m | $14.3M | $127.2M | 75x |
GMX SEI/USD [ETH-USDC]
Binance SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GMX. 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
- $18.56
- Price spread: −0.343% → 0.000%
- −$34.28
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$37.72
- Costs to cover
- 0.220%
- Break-even
- 21.2 days
Slippage unknown: GMX: no order-book sample; Binance: live order book, 8 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 8 min ago | 0.84 bp | 13.1 bp −$13 | 25.1 bp −$251 | 104.8 bp −$10.5K | doesn't fit |
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 | −0.0169% | 8h | 0.05944 | −0.245% | $319K | $175K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05959 | +0.013% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC]long | L +0.0012% / S +0.0029% | 1h | 0.05958 | long leg | $3K | — | 100x | |
| Lighter SEI | +0.0096% | 1h | 0.05946 | −0.205% | $270K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05948 | −0.173% | $3.4M | $5.0M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05947 | −0.193% | $311K | $354K | 20x | as long as short |
| Binance SEIUSDTshort | +0.0100% | 8h | 0.05938 | −0.343% | $14.3M | $127.2M | 75x | |
| Bybit SEIUSDT | +0.0100% | 8h | 0.05934 | −0.406% | $14.1M | $34.6M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05931 | −0.457% | $3.4M | $36.9M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.05945 | −0.222% | $1.1M | $3.1M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Lighter SEI
Hyperliquid SEI
Aster 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_USDT | +0.0100% | 8h | 0.05939 | −0.322% | $34.1M | $27.5M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05944 | −0.238% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.05941 | −0.289% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.05943 | −0.255% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05959 | +0.013% | $106K | $642K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05946 | −0.204% | $211K | $2.2M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05950 | −0.138% | $101K | $673K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05962 | +0.064% | $2K | $99K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05977 | +0.316% | $22K | $4.0M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05938 | −0.332% | $79K | $565K | 25x | as long as short |
| Deribit SEI_USDC-PERPETUAL | +0.0253% | 1h | 0.05965 | +0.114% | $377 | $72K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.05960 | +0.030% | $42K | $225K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05969 | +0.179% | $114 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0367% | 8h | 0.05966 | +0.131% | $736K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.05942 | −0.272% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0540% | 1h | 0.05960 | +0.028% | $368K | $1.6M | 50x | as long as short |
| dYdX SEI-USD | +0.1470% | 1h | 0.05943 | −0.254% | $101K | $2K | 5x | as long as short |
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
Deribit SEI_USDC-PERPETUAL
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
Kraken Futures PF_SEIUSD
dYdX SEI-USD