Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.003%
Price spread now: Orderly against Backpack+0.145%7-day average −0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)−0.130%−$13 · spread now +0.145%, 7d avg −0.003%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.148% dearer against Backpack than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SUI_USDC_PERP | 1.0337 | 0.0100 | pay 0.0013% / 1h | 33m 03s | $654K | $1.1M | 20x |
| Short | Orderly PERP_SUI_USDC | 1.0352 | 0.0099 | get 0.0099% / 8h | 33m 03s | $46K | $329K | 20x |
Backpack SUI_USDC_PERP
Orderly PERP_SUI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$0.24
- Price spread: +0.145% → −0.003%
- $14.8
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$1.44
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 1 min ago; Orderly: 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, 1 min ago | 0.48 bp | 5.5 bp −$5 | 8.3 bp −$83 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.3474% | 1h | 1.0261 | −0.735% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0369% | 1h | 1.0348 | +0.110% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0336% | 1h | 1.0323 | −0.134% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0021% | 1h | 1.0340 | +0.029% | $593K | $407K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0345 | +0.074% | $102K | $109K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0357 | +0.193% | $462K | $5.3M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0354 | +0.164% | $201K | $581K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0353 | +0.155% | $119K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0340 | +0.031% | $793K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0346 | +0.089% | $262K | $2.0M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0359 | +0.213% | $9K | $9K | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0355 | +0.174% | $40K | $496K | 50x | as long as short |
| Orderly PERP_SUI_USDCshort | +0.0099% | 8h | 1.0352 | +0.145% | $46K | $329K | 20x | |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0348 | +0.103% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0354 | +0.169% | $599K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0337 | +0.004% | $1.0M | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0349 | +0.114% | $224K | $260K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0334 | −0.028% | $152.0M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0338 | +0.014% | $103.4M | $306.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0332 | −0.048% | $41.4M | $386.2M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0360 | +0.223% | $46K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0352 | +0.145% | $243K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0336 | −0.010% | $165.4M | $81.2M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0338 | +0.010% | $149.4M | $290.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0334 | −0.029% | $51.6M | $52.2M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0332 | −0.048% | $67.9M | $167.9M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0336 | −0.010% | — | $81.7M | — | as long as short |
| Backpack SUI_USDC_PERPlong | +0.0100% | 1h | 1.0337 | long leg | $654K | $1.1M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0329 | −0.074% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0354 | +0.161% | $168K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0339 | +0.018% | $454K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0326 | −0.106% | $234K | $442K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0364 | +0.261% | $108K | $775K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0372 | +0.339% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0340 | +0.029% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0350 | +0.126% | $643K | $18.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0336 | −0.010% | $11.6M | $24.9M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0342 | +0.050% | $1.4M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0353 | +0.156% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0336 | −0.010% | $8.0M | $24.2M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0224% | 1h | 1.0332 | −0.048% | $982K | $13.9M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0273% | 1h | 1.0344 | +0.072% | $7.2M | $24.1M | 50x | as long as short |
| Phoenix SUI | +0.0327% | 1h | 1.0352 | +0.141% | $205K | $593K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0641% / S −0.0309% | 1h | 1.0353 | +0.156% | $904K | — | 100x | as long as short |
| Hyperliquid SUI | +0.0679% | 1h | 1.0352 | +0.145% | $74.7M | $80.9M | 10x | as long as short |
| Aftermath Perps SUIUSD | +0.0840% | 1h | 1.0354 | +0.167% | $94K | $382K | 10x | as long as short |
01 Exchange SUIUSD
Popdex SUIUSDT
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-USDT
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
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Hyperliquid SUI
Aftermath Perps SUIUSD