Funding you earn now, next payment 05:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.089%
Price spread now: Bitget against GMX+0.160%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.160% dearer against GMX than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SEI/USD [ETH-USDC] | 0.05953 | L +0.0048% / S +0.0049% | pay 0.0006% / 1h | 1m 26s | $6K | — | 100x |
| Short | Bitget SEIUSDT | 0.05962 | 0.0100 | get 0.0100% / 8h | 3h 01m | $9.8M | $16.7M | 75x |
GMX SEI/USD [ETH-USDC]
Bitget SEIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $11.01
- Price spread: +0.160% → 0.000%
- $15.96
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $2.97
- Costs to cover
- 0.240%
- Break-even
- 5.1 days
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 0.84 bp | 16.2 bp −$16 | 34.9 bp −$349 | 128.3 bp −$12.8K | 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 | −0.0202% | 8h | 0.05988 | +0.604% | $323K | $185K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.05954 | +0.017% | — | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.05938 | −0.244% | $375 | $72K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC]long | L +0.0048% / S +0.0049% | 1h | 0.05953 | long leg | $6K | — | 100x | |
| Bybit SEIUSDT | +0.0060% | 8h | 0.05953 | +0.008% | $14.2M | $34.5M | 50x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.05939 | −0.227% | $269K | $1.2M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.05957 | +0.069% | $3.4M | $5.1M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.05952 | −0.014% | $311K | $333K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.05952 | −0.008% | $14.6M | $128.0M | 75x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.05958 | +0.092% | $3.4M | $37.7M | 50x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Bybit SEIUSDT
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.05951 | −0.025% | $1.1M | $3.2M | 75x | as long as short |
| MEXC SEI_USDT | +0.0100% | 8h | 0.05955 | +0.042% | $34.2M | $29.0M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.05953 | +0.008% | $6.4M | $14.5M | 75x | as long as short |
| Bitget SEIUSDTshort | +0.0100% | 8h | 0.05962 | +0.160% | $9.8M | $16.7M | 75x | |
| BingX SEI-USDT | +0.0100% | 8h | 0.05950 | −0.042% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.05937 | −0.260% | $103K | $629K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.05979 | +0.445% | $204K | $2.2M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.05960 | +0.126% | $101K | $669K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.05961 | +0.143% | $2K | $71K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.05937 | −0.260% | $23K | $4.1M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.05945 | −0.119% | $77K | $552K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0200% | 1h | 0.05960 | +0.126% | $42K | $224K | 50x | as long as short |
| BloFin SEI-USDT | +0.0220% | 8h | 0.05942 | −0.176% | $748K | $1.3M | 75x | as long as short |
| Kraken Futures PF_SEIUSD | +0.0261% | 1h | 0.05933 | −0.320% | $364K | $1.6M | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.05955 | +0.034% | $114 | — | 20x | as long as short |
| Injective SEI/USDC PERP | +0.0510% | 1h | 0.05980 | +0.462% | $9K | $43K | 12x | as long as short |
| dYdX SEI-USD | +0.1264% | 1h | 0.05938 | −0.245% | $101K | $2K | 5x | as long as short |
Gate SEI_USDT
MEXC SEI_USDT
KuCoin SEIUSDTM
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
BloFin SEI-USDT
Kraken Futures PF_SEIUSD
Reya SEIRUSDPERP
Injective SEI/USDC PERP
dYdX SEI-USD