Funding you earn now, next payment 01:00 UTC−0.0097%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Backpack−0.256%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$316as in the Price arb table
costs, in and out, $10k−$2902.898% of the position
Funding, last 3 days (all we have)−0.092%−$9 on $10k
+Price spread, last 3 days (all we have)+0.224%+$22 · spread now −0.256%, 7d avg +0.006%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.262% cheaper against Backpack than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SUI_USDC_PERP | 1.0670 | 0.0100 | pay 0.0013% / 1h | 17m 27s | $678K | $1.1M | 20x |
| Short | gTrade (Gains Network) SUI/USD | 1.0643 | L +0.0003% / S −0.0003% | get 0.0000% / 1h | 17m 27s | $117K | — | 150x |
Backpack SUI_USDC_PERP
gTrade (Gains Network) SUI/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Backpack. 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
- −$20.43
- Price spread: −0.256% → +0.006%
- −$26.17
- Slippage, 4 orders
- −$269.81
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$336.4
- Costs to cover
- 2.898%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 2 min ago; gTrade (Gains Network): virtual book (oracle venue), 56 min ago.
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 Backpack live order book, 2 min ago | 0.47 bp | 5.5 bp −$5 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 56 min ago | 130.07 bp | 135.1 bp −$135 | 814.5 bp −$8,145 | doesn't fit | doesn't fit |
SUI on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SUI/USDC PERP | −0.3416% | 1h | 1.0391 | −2.615% | $43K | $123K | 12x | as long as short |
| Bluefin SUI-PERP | −0.0495% | 1h | 1.0640 | −0.281% | $611K | $411K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0480% | 1h | 1.0638 | −0.296% | $6K | $18K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0646 | −0.221% | $4K | $3K | 20x | as long as short |
| Phemex SUIUSDT | −0.0004% | 8h | 1.0668 | −0.019% | $11.9M | $25.2M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0643 | −0.254% | $97K | $170K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0658 | −0.110% | $555K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0644 | −0.244% | $207K | $582K | 25x | as long as short |
| gTrade (Gains Network) SUI/USDshort | L +0.0003% / S −0.0003% | 1h | 1.0643 | −0.256% | $117K | — | 150x | |
| Kraken Futures PF_SUIUSD | +0.0038% | 1h | 1.0669 | −0.011% | $7.4M | $24.1M | 50x | as long as short |
Injective SUI/USDC PERP
Bluefin SUI-PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Phemex SUIUSDT
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
Kraken Futures PF_SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0056% | 1h | 1.0649 | −0.197% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0663 | −0.067% | $833K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0673 | +0.032% | $278K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0661 | −0.084% | $32K | $478K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0650 | −0.187% | $49K | $310K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0697 | +0.256% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0660 | −0.089% | $697K | $1.5M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0672 | +0.020% | $1.0M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0644 | −0.244% | $233K | $251K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0662 | −0.075% | $157.9M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0663 | −0.066% | $106.4M | $306.3M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0656 | −0.131% | $42.4M | $395.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0660 | −0.094% | $47K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0632 | −0.356% | $250K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0649 | −0.197% | $174.4M | $82.2M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0641 | −0.272% | $155.1M | $299.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0659 | −0.103% | $51.9M | $53.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0649 | −0.197% | $69.5M | $168.4M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0637 | −0.309% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERPlong | +0.0100% | 1h | 1.0670 | long leg | $678K | $1.1M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0701 | +0.288% | $2.5M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0681 | +0.099% | $174K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0659 | −0.102% | $461K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0682 | +0.112% | $238K | $493K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0667 | −0.028% | $122K | $748K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0650 | −0.187% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0648 | −0.206% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0647 | −0.216% | $666K | $19.0M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0648 | −0.204% | $1.5M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0644 | −0.240% | $40K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0655 | −0.141% | $1.0M | $14.8M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0667 | −0.028% | $8.2M | $25.1M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0658 | −0.109% | $211K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0413% | 1h | 1.0672 | +0.019% | $77.3M | $79.1M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0640% / S −0.0320% | 1h | 1.0650 | −0.186% | $917K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0943% | 1h | 1.0649 | −0.195% | $79K | $378K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD