Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: GRVT against Backpack−0.135%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.291%+$29 · spread now −0.135%, 7d avg −0.014%
=Together, before fees+0.269%+ Points / potential airdropGRVT: Active · farm board+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.121% cheaper against Backpack than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SUI_USDC_PERP | 1.0197 | 0.0100 | pay 0.0013% / 1h | 14m 56s | $649K | $1.2M | 20x |
| Short | GRVT SUI_USDT_Perp | 1.0183 | 0.0100 | get 0.0100% / 8h | 2h 14m | $440K | $7.1M | 10x |
Backpack SUI_USDC_PERP
GRVT SUI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $0
- Price spread: −0.135% → −0.014%
- −$12.09
- Slippage, 4 orders
- −$11.43
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$42.53
- Costs to cover
- 0.304%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 4 min ago; GRVT: live order book, 4 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, 4 min ago | 0.98 bp | 6.0 bp −$6 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 0.49 bp | 9.3 bp −$9 | 27.1 bp −$271 | 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 | −0.2398% | 1h | 1.0068 | −1.265% | $41K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0496% | 1h | 1.0187 | −0.099% | $6K | $18K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0367% | 1h | 1.0194 | −0.029% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0123% | 1h | 1.0185 | −0.118% | $583K | $405K | 25x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0022% | 1h | 1.0202 | +0.048% | $7.0M | $24.0M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0194 | −0.030% | $93K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0200 | +0.031% | $458K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0201 | +0.039% | $186K | $546K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0199 | +0.017% | $118K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0088% | 1h | 1.0198 | +0.010% | $9K | $9K | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SUI | +0.0096% | 1h | 1.0197 | +0.002% | $771K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0203 | +0.054% | $252K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0196 | −0.010% | $36K | $503K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0098% | 8h | 1.0196 | −0.010% | $45K | $377K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0195 | −0.016% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0194 | −0.025% | $595K | $1.3M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0207 | +0.093% | $72.7M | $81.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0198 | +0.010% | $999K | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0198 | +0.006% | $220K | $261K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0198 | +0.010% | $151.2M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0200 | +0.027% | $102.2M | $306.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0199 | +0.020% | $40.9M | $382.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0200 | +0.029% | $147K | $297K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0193 | −0.039% | $240K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0202 | +0.049% | $164.3M | $81.2M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0198 | +0.010% | $147.8M | $298.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0200 | +0.029% | $52.5M | $51.4M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0198 | +0.010% | $67.0M | $169.0M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0200 | +0.029% | — | $81.5M | — | as long as short |
| Backpack SUI_USDC_PERPlong | +0.0100% | 1h | 1.0197 | long leg | $649K | $1.2M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0188 | −0.088% | $2.2M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0190 | −0.069% | $164K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perpshort | +0.0100% | 8h | 1.0183 | −0.135% | $440K | $7.1M | 10x | |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0192 | −0.049% | $231K | $444K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0201 | +0.039% | $106K | $785K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0210 | +0.127% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0196 | −0.010% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0198 | +0.010% | $621K | $18.8M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0198 | +0.010% | $11.4M | $24.5M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0199 | +0.020% | $1.4M | $3.7M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0197 | −0.003% | $48K | $37K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0207 | +0.098% | $978K | $13.8M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0199 | +0.020% | $8.0M | $23.7M | 100x | as long as short |
| Phoenix SUI | +0.0290% | 1h | 1.0198 | +0.009% | $184K | $578K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0630% / S −0.0300% | 1h | 1.0197 | +0.002% | $874K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0681% | 1h | 1.0188 | −0.087% | $91K | $382K | 10x | as long as short |
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Hyperliquid SUI
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-USDT
Variational Omni SUI
edgeX SUIUSDC
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD