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

SEI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0544%/8h= −59.6% APRpaid last 24h +0.053%
Price spread now: GMX against KuCoin−0.109%7-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 3 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 −$16 a day on $10k at the current rate, and GMX is 0.109% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SEIUSDTM0.059660.0100pay 0.0100% / 8h7h 02m$6.2M$14.4M75x
ShortGMX SEI/USD [ETH-USDC]0.05960L −0.0815% / S +0.0444%pay 0.0055% / 1h2m 47s$23K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against KuCoin. 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
−$114.21
Price spread: −0.109% → 0.000%
−$10.9
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$149.1
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 6 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago1.67 bp29.4 bp −$29103.6 bp −$1,036doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SEI/USD [ETH-USDC]shortL −0.0815% / S +0.0444%1h0.05960−0.109%$23K100x
Variational Omni SEI−0.0115%8h0.05966+0.007%$319K$210Kas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.05960−0.106%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.05959−0.117%$10K$72K25xas long as short
Lighter SEI+0.0096%1h0.05958−0.134%$271K$1.2M10xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.05959−0.117%$2K$110K20xas long as short
Hyperliquid SEI+0.0100%1h0.05968+0.027%$3.5M$6.3M5xas long as short
Aster SEIUSDT+0.0100%8h0.05961−0.089%$312K$335K20xas long as short
Binance SEIUSDT+0.0100%8h0.05965−0.014%$14.3M$128.2M75xas long as short
Bybit SEIUSDT+0.0100%8h0.05956−0.168%$14.0M$35.9M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.05958−0.134%$3.2M$39.7M50xas long as short
Gate SEI_USDT+0.0100%8h0.05963−0.050%$1.1M$3.5M75xas long as short
MEXC SEI_USDT+0.0100%8h0.05967+0.017%$35.4M$28.8M300xas long as short
KuCoin SEIUSDTMlong+0.0100%8h0.05966long leg$6.2M$14.4M75x
Bitget SEIUSDT+0.0100%8h0.05965−0.017%$9.3M$16.8M75xas long as short
BingX SEI-USDT+0.0100%8h0.059660.000%$33.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.05960−0.101%$118K$562K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.05987+0.352%$212K$1.6M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.05990+0.402%$109K$676K50xas long as short
SunX SEI-USDT+0.0100%8h0.05965−0.017%$22K$4.5M30xas long as short
Extended SEI-USD+0.0104%1h0.05963−0.043%$76K$540K25xas long as short
Coinbase International SEI-PERP-INTX+0.0144%1h0.05959−0.117%$34K$206K50xas long as short
Kraken Futures PF_SEIUSD+0.0179%1h0.05958−0.135%$369K$1.6M50xas long as short
BloFin SEI-USDT+0.0220%8h0.05954−0.201%$724K$1.3M75xas long as short
Reya SEIRUSDPERP+0.0346%1h0.05956−0.159%$11420xas long as short
Injective SEI/USDC PERP+0.0974%1h0.05980+0.235%$9K$43K12xas long as short
dYdX SEI-USD+0.1044%1h0.05964−0.034%$102K$2K5xas long as short