SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0200%/8h= +21.9% APRnext payment +$0.25 per $10,000 · paid last 24h +0.027%

Price spread now: GMX against Backpack+0.032%7-day average +0.024% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.081%+$8 on $10k

Price spread, last 3 days (all we have)−0.104%−$10 · spread now +0.032%, 7d avg +0.024%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack SUI_USDC_PERP	1.0149	0.0100	pay 0.0013% / 1h	53m 43s	$638K	$1.2M	20x
Short	GMX SUI/USD [ETH-USDC]	1.0152	L +0.0629% / S −0.0300%	get 0.0037% / 1h	53m 43s	$870K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Backpack. 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

Position, each leg$Hold fordaysFee BackpackbpFee GMXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $41.98
Price spread: +0.032% → +0.024%: $0.78
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $20.77
Costs to cover: 0.220%
Break-even: 3.5 days

Slippage unknown: Backpack: 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 Backpack live order book, just now	0.99 bp	6.0 bp −$6	8.8 bp −$88	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.

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	−0.2398%	1h	1.0092	−0.562%	$41K	$81K	12x	as long as short
Hibachi SUI/USDT-P	−0.0496%	1h	1.0159	+0.103%	$6K	$19K	7x	as long as short
Reya SUIRUSDPERP	−0.0366%	1h	1.0144	−0.046%	$4K	$3K	20x	as long as short
Bluefin SUI-PERP	−0.0132%	1h	1.0141	−0.079%	$580K	$412K	25x	as long as short
Kraken Futures PF_SUIUSD	−0.0022%	1h	1.0156	+0.066%	$6.8M	$23.9M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0136	−0.128%	$92K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0184	+0.349%	$457K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0156	+0.069%	$185K	$547K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0152	+0.030%	$117K	—	150x	as long as short
01 Exchange SUIUSD	+0.0048%	1h	1.0180	+0.305%	$9K	$9K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SUI	+0.0096%	1h	1.0133	−0.154%	$764K	$5.8M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0143	−0.061%	$245K	$2.0M	10x	as long as short
Extended SUI-USD	+0.0096%	1h	1.0149	0.000%	$1.4M	$3.7M	50x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0147	−0.020%	$34K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0097%	8h	1.0153	+0.039%	$44K	$381K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0148	−0.013%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0147	−0.025%	$592K	$1.4M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0159	+0.099%	$72.5M	$81.7M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0152	+0.025%	$983K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0161	+0.118%	$220K	$263K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0139	−0.101%	$150.0M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0146	−0.029%	$102.9M	$307.7M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0146	−0.030%	$40.7M	$381.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0150	+0.010%	$146K	$299K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0223	+0.727%	$240K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0150	+0.010%	$163.6M	$80.9M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0152	+0.030%	$146.5M	$295.5M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0153	+0.039%	$53.0M	$51.0M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0145	−0.039%	$66.7M	$169.9M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0151	+0.020%	—	$6.6M	—	as long as short
Backpack SUI_USDC_PERPlong	+0.0100%	1h	1.0149	long leg	$638K	$1.2M	20x
Variational Omni SUI	+0.0100%	8h	1.0176	+0.270%	$2.2M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0172	+0.229%	$164K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0178	+0.288%	$441K	$7.2M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0172	+0.227%	$231K	$444K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0153	+0.039%	$106K	$796K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0166	+0.168%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0154	+0.049%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0149	0.000%	$626K	$19.0M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0154	+0.049%	$11.4M	$24.2M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0173	+0.239%	$48K	$38K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0152	+0.030%	$978K	$14.1M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0197	+0.473%	$8.1M	$23.8M	100x	as long as short
Phoenix SUI	+0.0270%	1h	1.0186	+0.366%	$184K	$578K	10x	as long as short
GMX SUI/USD [ETH-USDC]short	L +0.0629% / S −0.0300%	1h	1.0152	+0.032%	$870K	—	100x
Aftermath Perps SUIUSD	+0.0737%	1h	1.0190	+0.404%	$93K	$382K	10x	as long as short