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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0273%/8h= −29.9% APRnext payment $0.34 per $10,000 · paid last 24h +0.056%
Price spread now: gTrade (Gains Network) against GMX−0.293%59s7-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 4 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 −$8 a day on $10k at the current rate, and gTrade (Gains Network) is 0.293% cheaper against GMX than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SEI/USD [ETH-USDC]0.06071L +0.0267% / S −0.2513%pay 0.0033% / 1h41m 21s$12K100x
ShortgTrade (Gains Network) SEI/USD0.06054L −0.0005% / S +0.0006%pay 0.0001% / 1h41m 21s$8K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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
−$57.39
Price spread: −0.293% → 0.000%
−$29.25
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$108.64
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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 GMX no order-book sample
Sell gTrade (Gains Network) no order-book sample
GMX and gTrade (Gains Network): 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
Injective SEI/USDC PERP−0.0302%1h0.06110+0.637%$9K$40K12xas long as short
Variational Omni SEI−0.0093%8h0.06072+0.020%$321K$174Kas long as short
gTrade (Gains Network) SEI/USDshortL −0.0005% / S +0.0006%1h0.06054−0.293%$8K150x
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06054−0.285%$382$72K25xas long as short
Gate SEI_USDT+0.0014%8h0.06057−0.236%$1.1M$2.9M75xas long as short
Lighter SEI+0.0096%1h0.06056−0.252%$272K$1.1M10xas long as short
Hyperliquid SEI+0.0100%1h0.06059−0.203%$3.8M$4.8M5xas long as short
Aster SEIUSDT+0.0100%8h0.06058−0.225%$331K$350K20xas long as short
Binance SEIUSDT+0.0100%8h0.06053−0.300%$14.7M$123.0M75xas long as short
Bybit SEIUSDT+0.0100%8h0.06047−0.400%$14.5M$34.3M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06053−0.301%$3.5M$36.2M50xas long as short
MEXC SEI_USDT+0.0100%8h0.06056−0.252%$39.6M$27.5M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06058−0.219%$6.8M$14.6M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06054−0.285%$9.7M$17.1M75xas long as short
BingX SEI-USDT+0.0100%8h0.06054−0.285%$16.3Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06066−0.087%$119K$680K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06073+0.036%$208K$2.7M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06080+0.143%$102K$675K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06055−0.268%$2K$259K20xas long as short
SunX SEI-USDT+0.0100%8h0.06063−0.137%$23K$3.5M30xas long as short
Extended SEI-USD+0.0104%1h0.06051−0.327%$68K$439K25xas long as short
Coinbase International SEI-PERP-INTX+0.0192%1h0.06050−0.351%$66K$263K50xas long as short
BloFin SEI-USDT+0.0220%8h0.06056−0.252%$745K$1.6M75xas long as short
GMX SEI/USD [ETH-USDC]longL +0.0267% / S −0.2513%1h0.06071long leg$12K100x
Kraken Futures PF_SEIUSD+0.0268%1h0.06055−0.264%$369K$1.7M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06054−0.292%$11620xas long as short
dYdX SEI-USD+0.0749%1h0.06062−0.154%$103K$2K5xas long as short