Funding you earn now, next payment 08:00 UTC+0.1015%/8h= +111.1% APRnext payment +$1.27 per $10,000 · paid last 24h −0.106%
Price spread now: GMX against Injective−0.563%57s7-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. GMX is 0.563% cheaper against Injective than usual: you would sell low and buy high (spread −0.563% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$56 on $10k: about 44 hours of funding at the current rate (+$30 a day). The two prices were read 57 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 | Injective SEI/USDC PERP | 0.06107 | 0.0454 | pay 0.0057% / 1h | 21m 57s | $9K | $40K | 12x |
| Short | GMX SEI/USD [ETH-USDC] | 0.06073 | L +0.0209% / S −0.1469% | get 0.0184% / 1h | 21m 57s | $12K | — | 100x |
Injective SEI/USDC PERP
GMX SEI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Injective. 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
- $213.12
- Price spread: −0.563% → 0.000%
- −$56.33
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $144.77
- Costs to cover
- 0.120%
- Break-even
- 2.2 days
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Injective and 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 | −0.0089% | 8h | 0.06100 | −0.109% | $322K | $180K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0005% / S +0.0006% | 1h | 0.06073 | −0.550% | $8K | — | 150x | as long as short |
| Deribit SEI_USDC-PERPETUAL | 0.0000% | 1h | 0.06079 | −0.458% | $384 | $72K | 25x | as long as short |
| Lighter SEI | +0.0096% | 1h | 0.06074 | −0.540% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06080 | −0.436% | $3.8M | $4.8M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06077 | −0.490% | $332K | $350K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06075 | −0.524% | $14.7M | $122.7M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06069 | −0.622% | $14.4M | $34.0M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06069 | −0.622% | $3.4M | $36.1M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06074 | −0.540% | $1.1M | $3.2M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
Deribit SEI_USDC-PERPETUAL
Lighter SEI
Hyperliquid SEI
Aster SEIUSDT
Binance 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 | 0.06077 | −0.491% | $36.2M | $27.3M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06074 | −0.540% | $6.7M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06073 | −0.557% | $9.9M | $16.9M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06070 | −0.606% | — | $16.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06075 | −0.524% | $114K | $669K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06109 | +0.040% | $217K | $2.6M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06110 | +0.049% | $101K | $674K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06075 | −0.524% | $2K | $221K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06079 | −0.458% | $23K | $3.6M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06073 | −0.559% | $75K | $433K | 25x | as long as short |
| GMX SEI/USD [ETH-USDC]short | L +0.0209% / S −0.1469% | 1h | 0.06073 | −0.563% | $12K | — | 100x | |
| Kraken Futures PF_SEIUSD | +0.0253% | 1h | 0.06076 | −0.502% | $390K | $1.6M | 50x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0288% | 1h | 0.06090 | −0.278% | $44K | $240K | 50x | as long as short |
| BloFin SEI-USDT | +0.0320% | 8h | 0.06084 | −0.377% | $738K | $1.5M | 75x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06073 | −0.565% | $116 | — | 20x | as long as short |
| Injective SEI/USDC PERPlong | +0.0454% | 1h | 0.06107 | long leg | $9K | $40K | 12x | |
| dYdX SEI-USD | +0.0706% | 1h | 0.06083 | −0.386% | $104K | $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
Kraken Futures PF_SEIUSD
Coinbase International SEI-PERP-INTX
BloFin SEI-USDT
Reya SEIRUSDPERP
dYdX SEI-USD