Funding you earn now, next payment 06:00 UTC−0.0544%/8h= −59.6% APRnext payment −$0.68 per $10,000 · paid last 24h −0.059%
Price spread now: GMX against Kraken Futures−0.136%7-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
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and GMX is 0.136% cheaper against Kraken Futures than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SEIUSD | 0.06016 | 0.0535 | pay 0.0067% / 1h | 3m 04s | $362K | $1.6M | 50x |
| Short | GMX SEI/USD [ETH-USDC] | 0.06008 | L +0.0018% / S +0.0009% | pay 0.0001% / 1h | 3m 04s | $3K | — | 100x |
Kraken Futures PF_SEIUSD
GMX SEI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Kraken Futures. 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
- −$114.29
- Price spread: −0.136% → 0.000%
- −$13.57
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$149.86
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, just now; 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 Kraken Futures live order book, just now | 3.32 bp | 16.8 bp −$17 | 50.0 bp −$500 | doesn't fit | doesn't fit |
| 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SEI | −0.0132% | 8h | 0.06013 | −0.050% | $317K | $180K | — | as long as short |
| gTrade (Gains Network) SEI/USD | L −0.0006% / S +0.0006% | 1h | 0.06009 | −0.115% | — | — | 150x | as long as short |
| GMX SEI/USD [ETH-USDC]short | L +0.0018% / S +0.0009% | 1h | 0.06008 | −0.136% | $3K | — | 100x | |
| Lighter SEI | +0.0096% | 1h | 0.06018 | +0.034% | $272K | $1.1M | 10x | as long as short |
| Hyperliquid SEI | +0.0100% | 1h | 0.06018 | +0.036% | $3.5M | $4.9M | 5x | as long as short |
| Aster SEIUSDT | +0.0100% | 8h | 0.06018 | +0.027% | $315K | $360K | 20x | as long as short |
| Binance SEIUSDT | +0.0100% | 8h | 0.06012 | −0.062% | $14.5M | $126.5M | 75x | as long as short |
| Bybit SEIUSDT | +0.0100% | 8h | 0.06006 | −0.166% | $14.1M | $34.4M | 50x | as long as short |
| OKX SEI-USDT-SWAP | +0.0100% | 4h | 0.06005 | −0.182% | $3.4M | $36.8M | 50x | as long as short |
| Gate SEI_USDT | +0.0100% | 8h | 0.06013 | −0.049% | $1.1M | $3.1M | 75x | as long as short |
Variational Omni SEI
gTrade (Gains Network) SEI/USD
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 | 0.06010 | −0.099% | $35.0M | $27.9M | 300x | as long as short |
| KuCoin SEIUSDTM | +0.0100% | 8h | 0.06014 | −0.033% | $6.6M | $14.5M | 75x | as long as short |
| Bitget SEIUSDT | +0.0100% | 8h | 0.06012 | −0.066% | $9.8M | $16.6M | 75x | as long as short |
| BingX SEI-USDT | +0.0100% | 8h | 0.06012 | −0.066% | — | $31.4M | — | as long as short |
| Backpack SEI_USDC_PERP | +0.0100% | 1h | 0.06016 | +0.001% | $107K | $648K | 10x | as long as short |
| GRVT SEI_USDT_Perp | +0.0100% | 8h | 0.06013 | −0.054% | $205K | $2.4M | 10x | as long as short |
| ApeX Omni SEIUSDT | +0.0100% | 1h | 0.06020 | +0.067% | $102K | $672K | 50x | as long as short |
| Orderly PERP_SEI_USDC | +0.0100% | 8h | 0.06013 | −0.049% | $2K | $129K | 20x | as long as short |
| SunX SEI-USDT | +0.0100% | 8h | 0.06026 | +0.167% | $23K | $3.9M | 30x | as long as short |
| Extended SEI-USD | +0.0104% | 1h | 0.06009 | −0.108% | $77K | $558K | 25x | as long as short |
| Coinbase International SEI-PERP-INTX | +0.0280% | 1h | 0.06024 | +0.134% | $43K | $231K | 50x | as long as short |
| Reya SEIRUSDPERP | +0.0346% | 1h | 0.06012 | −0.059% | $115 | — | 20x | as long as short |
| BloFin SEI-USDT | +0.0368% | 8h | 0.06019 | +0.050% | $729K | $1.4M | 75x | as long as short |
| Injective SEI/USDC PERP | +0.0410% | 1h | 0.06016 | +0.001% | $9K | $43K | 12x | as long as short |
| Kraken Futures PF_SEIUSDlong | +0.0535% | 1h | 0.06016 | long leg | $362K | $1.6M | 50x | |
| Deribit SEI_USDC-PERPETUAL | +0.0751% | 1h | 0.05999 | −0.282% | $379 | $72K | 25x | as long as short |
| dYdX SEI-USD | +0.1315% | 1h | 0.06012 | −0.059% | $103K | $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
Coinbase International SEI-PERP-INTX
Reya SEIRUSDPERP
BloFin SEI-USDT
Injective SEI/USDC PERP
Deribit SEI_USDC-PERPETUAL
dYdX SEI-USD