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

SEI

all SEI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0214%/8h= −23.4% APRpaid last 24h +0.014%
Price spread now: GMX against SunX−0.168%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 −$6 a day on $10k at the current rate, and GMX is 0.168% cheaper against SunX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SEI-USDT0.060840.0100pay 0.0100% / 8h4h 22m$23K$4.2M30x
ShortGMX SEI/USD [ETH-USDC]0.06074L +0.0040% / S +0.0114%pay 0.0014% / 1h22m 15s$6K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against SunX. 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
−$44.91
Price spread: −0.168% → 0.000%
−$16.77
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$81.67
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: 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 SunX live order book, 6 min ago14.72 bp24.3 bp −$24doesn't fitdoesn'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
Variational Omni SEI−0.0188%8h0.06083−0.010%$324K$189Kas long as short
Coinbase International SEI-PERP-INTX−0.0032%1h0.06149+1.068%$43K$221K50xas long as short
gTrade (Gains Network) SEI/USDL −0.0006% / S +0.0006%1h0.06073−0.174%150xas long as short
Deribit SEI_USDC-PERPETUAL0.0000%1h0.06080−0.066%$10K$72K25xas long as short
GMX SEI/USD [ETH-USDC]shortL +0.0040% / S +0.0114%1h0.06074−0.168%$6K100x
Bybit SEIUSDT+0.0053%8h0.06059−0.411%$14.6M$36.2M50xas long as short
Lighter SEI+0.0096%1h0.06078−0.099%$277K$1.2M10xas long as short
Hyperliquid SEI+0.0100%1h0.06079−0.085%$3.5M$5.5M5xas long as short
Aster SEIUSDT+0.0100%8h0.06075−0.142%$318K$354K20xas long as short
Binance SEIUSDT+0.0100%8h0.06075−0.147%$15.0M$130.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX SEI-USDT-SWAP+0.0100%4h0.06060−0.394%$3.5M$40.2M50xas long as short
Gate SEI_USDT+0.0100%8h0.06073−0.181%$1.1M$3.4M75xas long as short
MEXC SEI_USDT+0.0100%8h0.06075−0.148%$35.2M$28.6M300xas long as short
KuCoin SEIUSDTM+0.0100%8h0.06076−0.131%$6.6M$14.5M75xas long as short
Bitget SEIUSDT+0.0100%8h0.06082−0.033%$10.0M$16.7M75xas long as short
BingX SEI-USDT+0.0100%8h0.06071−0.214%$31.4Mas long as short
Backpack SEI_USDC_PERP+0.0100%1h0.06072−0.197%$107K$615K10xas long as short
GRVT SEI_USDT_Perp+0.0100%8h0.06110+0.430%$206K$1.9M10xas long as short
ApeX Omni SEIUSDT+0.0100%1h0.06080−0.066%$109K$666K50xas long as short
Orderly PERP_SEI_USDC+0.0100%8h0.06078−0.099%$2K$81K20xas long as short
SunX SEI-USDTlong+0.0100%8h0.06084long leg$23K$4.2M30x
Extended SEI-USD+0.0104%1h0.06077−0.108%$77K$552K25xas long as short
BloFin SEI-USDT+0.0220%8h0.06067−0.279%$765K$1.3M75xas long as short
Injective SEI/USDC PERP+0.0267%1h0.06088+0.066%$9K$43K12xas long as short
Kraken Futures PF_SEIUSD+0.0311%1h0.06079−0.087%$378K$1.5M50xas long as short
Reya SEIRUSDPERP+0.0346%1h0.06074−0.157%$11620xas long as short
dYdX SEI-USD+0.0683%1h0.06068−0.257%$104K$2K5xas long as short