Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Polymarket Perps against Backpack−0.212%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.536%+$54 · spread now −0.212%, 7d avg +0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.274% cheaper against Backpack than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SUI_USDC_PERP | 1.0375 | 0.0100 | pay 0.0013% / 1h | 4m 07s | $661K | $1.4M | 20x |
| Short | Polymarket Perps SUI-USD | 1.0353 | 0.0100 | get 0.0013% / 1h | 4m 07s | $123K | $751K | 10x |
Backpack SUI_USDC_PERP
Polymarket Perps SUI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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: −0.212% → +0.062%
- −$27.36
- Slippage, 4 orders
- −$9.43
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$54.78
- Costs to cover
- 0.274%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 5 min ago; Polymarket Perps: live order book, 54 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, 5 min ago | 0.48 bp | 6.3 bp −$6 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 54 min ago | 2.88 bp | 6.9 bp −$7 | 12.5 bp −$125 | 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 | −0.3244% | 1h | 1.0251 | −1.195% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0376% | 1h | 1.0356 | −0.184% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0320% | 1h | 1.0338 | −0.360% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0333 | −0.402% | $130K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0347 | −0.273% | $496K | $5.0M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0356 | −0.181% | $116K | — | 150x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0040% | 1h | 1.0364 | −0.106% | $201K | $573K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0378 | +0.031% | $803K | $5.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0381 | +0.054% | $300K | $2.2M | 10x | as long as short |
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0340 | −0.337% | $9K | $2K | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Deribit SUI_USDC-PERPETUAL
Lighter SUI
Lighter RH SUI
01 Exchange SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0339 | −0.347% | $42K | $517K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0329 | −0.444% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0352 | −0.222% | $583K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0352 | −0.225% | $907K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0331 | −0.423% | $223K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0375 | +0.003% | $150.2M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0378 | +0.029% | $102.0M | $310.4M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0370 | −0.048% | $40.8M | $388.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0340 | −0.337% | $44K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0339 | −0.347% | $243K | $6K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0374 | −0.010% | $168.8M | $84.4M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0378 | +0.029% | $153.3M | $298.7M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0376 | +0.010% | $50.0M | $53.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0375 | 0.000% | $67.8M | $172.5M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0375 | 0.000% | — | $82.5M | — | as long as short |
| Backpack SUI_USDC_PERPlong | +0.0100% | 1h | 1.0375 | long leg | $661K | $1.4M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0336 | −0.379% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0346 | −0.282% | $169K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0345 | −0.289% | $452K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0346 | −0.280% | $229K | $432K | 50x | as long as short |
| Polymarket Perps SUI-USDshort | +0.0100% | 1h | 1.0353 | −0.212% | $123K | $751K | 10x | |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0362 | −0.125% | $48K | $155K | 20x | as long as short |
| Bluefin SUI-PERP | +0.0100% | 1h | 1.0349 | −0.251% | $592K | $405K | 25x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0345 | −0.289% | $3K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0364 | −0.106% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0362 | −0.125% | $583K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0370 | −0.048% | $11.9M | $26.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0359 | −0.154% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0364 | −0.104% | $39K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0162% | 1h | 1.0376 | +0.006% | $6.8M | $27.1M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0373 | −0.019% | $971K | $15.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0340 | −0.337% | $7.9M | $24.7M | 100x | as long as short |
| Hyperliquid SUI | +0.0371% | 1h | 1.0388 | +0.125% | $75.3M | $81.3M | 10x | as long as short |
| Phoenix SUI | +0.0390% | 1h | 1.0356 | −0.181% | $210K | $421K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0612% / S −0.0267% | 1h | 1.0357 | −0.173% | $956K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1506% | 1h | 1.0373 | −0.018% | $83K | $400K | 10x | as long as short |
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
Orderly PERP_SUI_USDC
Bluefin SUI-PERP
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD