Funding you earn now, next payment 09:00 UTC+0.0163%/8h= +17.8% APRpaid last 24h +0.048%
Price spread now: GMX against Bybit−0.162%61s7-day average +0.014% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.162%, 7d avg +0.014%
=Funding pays, the price is against you. GMX is 0.176% cheaper against Bybit than usual: you would sell low and buy high (spread −0.162% now, against its 7-day average of +0.014%). If the spread goes back, that is −$18 on $10k: about 3.6 days of funding at the current rate (+$5 a day). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SUIUSDT | 1.0258 | 0.0100 | pay 0.0100% / 8h | 7h 16m | $98.9M | $299.3M | 50x |
| Short | GMX SUI/USD [ETH-USDC] | 1.0241 | L +0.0602% / S −0.0263% | get 0.0033% / 1h | 16m 16s | $941K | — | 100x |
Bybit SUIUSDT
GMX SUI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bybit. 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
- $34.17
- Price spread: −0.162% → +0.014%
- −$17.63
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$6.46
- Costs to cover
- 0.230%
- Break-even
- 8.3 days
Slippage unknown: Bybit: live order book, 3 min ago; 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 Bybit live order book, 3 min ago | 0.49 bp | 8.0 bp −$8 | 13.5 bp −$135 | 57.8 bp −$5,783 | 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 | −0.3240% | 1h | 1.0007 | −2.446% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0383% | 1h | 1.0229 | −0.281% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0192% | 1h | 1.0237 | −0.205% | $6K | $17K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0245 | −0.121% | $96K | $245K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0259 | +0.007% | $383K | $4.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0260 | +0.020% | $197K | $530K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0241 | −0.169% | $116K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0072% | 1h | 1.0251 | −0.067% | $8K | $3K | 10x | as long as short |
| Bluefin SUI-PERP | +0.0074% | 1h | 1.0248 | −0.097% | $588K | $440K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0266 | +0.082% | $758K | $4.9M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSD
Bluefin SUI-PERP
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0244 | −0.134% | $310K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0246 | −0.116% | $48K | $531K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0258 | +0.001% | $47K | $515K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0243 | −0.144% | $27K | $6K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0247 | −0.106% | $674K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0259 | +0.010% | $911K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0244 | −0.131% | $218K | $248K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0259 | +0.007% | $146.2M | $961.9M | 75x | as long as short |
| Bybit SUIUSDTlong | +0.0100% | 8h | 1.0258 | long leg | $98.9M | $299.3M | 50x | |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0258 | +0.001% | $41.4M | $356.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0250 | −0.077% | $43K | $314K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0219 | −0.379% | $234K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0257 | −0.009% | $169.1M | $80.1M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0259 | +0.011% | $99.7M | $291.3M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0262 | +0.040% | $52.2M | $49.6M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0258 | +0.001% | $67.9M | $162.7M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0258 | +0.001% | — | $86.9M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0240 | −0.174% | $672K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0237 | −0.204% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0225 | −0.322% | $165K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0213 | −0.438% | $440K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0233 | −0.243% | $207K | $356K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0250 | −0.077% | $123K | $512K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0269 | +0.108% | $2K | $1.5M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0262 | +0.040% | $6K | $1.5M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0262 | +0.040% | $641K | $17.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0257 | −0.009% | $11.8M | $28.4M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0258 | 0.000% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0269 | +0.108% | $39K | $11K | 3x | as long as short |
| Hyperliquid SUI | +0.0162% | 1h | 1.0267 | +0.089% | $74.0M | $76.1M | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0232 | −0.252% | $7.5M | $24.4M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0280% | 1h | 1.0266 | +0.077% | $6.9M | $21.3M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0360% | 1h | 1.0282 | +0.235% | $1.0M | $13.6M | 50x | as long as short |
| Phoenix SUI | +0.0426% | 1h | 1.0232 | −0.249% | $204K | $395K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]short | L +0.0602% / S −0.0263% | 1h | 1.0241 | −0.162% | $941K | — | 100x | |
| Aftermath Perps SUIUSD | +0.1092% | 1h | 1.0217 | −0.396% | $80K | $412K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDT
Backpack SUI_USDC_PERP
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
Hyperliquid SUI
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
Phoenix SUI
Aftermath Perps SUIUSD