Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: Backpack against dYdX−0.059%7-day average +0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.198%+$20 on $10k
+Price spread, last 3 days (all we have)−0.008%−$1 · spread now −0.059%, 7d avg +0.004%
=Funding pays, the price is against you. Backpack is 0.063% cheaper against dYdX than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of +0.004%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SUI-USD | 1.0150 | 0 | get 0.0000% / 1h | 50m 27s | $93K | $66K | 10x |
| Short | Backpack SUI_USDC_PERP | 1.0144 | 0.0100 | get 0.0013% / 1h | 50m 27s | $637K | $1.2M | 20x |
dYdX SUI-USD
Backpack SUI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against dYdX. 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
- $21
- Price spread: −0.059% → +0.004%
- −$6.31
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$5.31
- Costs to cover
- 0.200%
- Break-even
- 8.8 days
Slippage unknown: dYdX: no order-book sample; Backpack: live order book, 4 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 4 min ago | 0.99 bp | 6.0 bp −$6 | 8.9 bp −$89 | doesn't fit | doesn't fit |
dYdX: 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 | 1.0055 | −0.936% | $41K | $81K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0496% | 1h | 1.0135 | −0.147% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0366% | 1h | 1.0149 | −0.006% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0130% | 1h | 1.0136 | −0.138% | $580K | $412K | 25x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0022% | 1h | 1.0142 | −0.075% | $6.8M | $23.9M | 50x | as long as short |
| dYdX SUI-USDlong | 0.0000% | 1h | 1.0150 | long leg | $93K | $66K | 10x | |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0135 | −0.152% | $454K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0145 | −0.049% | $185K | $547K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0150 | −0.002% | $117K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0145 | −0.049% | $764K | $5.8M | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
Kraken Futures PF_SUIUSD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
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 | 1.0147 | −0.026% | $245K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0150 | 0.000% | $34K | $504K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0097% | 8h | 1.0149 | −0.010% | $44K | $381K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0150 | −0.001% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0150 | −0.005% | $593K | $1.4M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0160 | +0.099% | $72.5M | $81.8M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0148 | −0.018% | $983K | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0149 | −0.006% | $219K | $263K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0148 | −0.019% | $150.1M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0150 | +0.002% | $102.2M | $308.0M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0148 | −0.020% | $40.7M | $381.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0150 | 0.000% | $146K | $299K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0128 | −0.218% | $238K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0148 | −0.020% | $163.5M | $80.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0151 | +0.010% | $147.1M | $295.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0152 | +0.020% | $53.2M | $51.3M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0146 | −0.039% | $66.8M | $169.8M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0147 | −0.030% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERPshort | +0.0100% | 1h | 1.0144 | −0.059% | $637K | $1.2M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0140 | −0.103% | $2.2M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0151 | +0.012% | $163K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0186 | +0.357% | $441K | $7.2M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0154 | +0.039% | $230K | $444K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0159 | +0.089% | $106K | $796K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0156 | +0.059% | $3K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0140 | −0.099% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0137 | −0.128% | $629K | $19.0M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0139 | −0.108% | $11.3M | $24.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0149 | −0.008% | $1.4M | $3.7M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0155 | +0.054% | $48K | $38K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0216% | 1h | 1.0139 | −0.108% | $969K | $13.9M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0139 | −0.108% | $8.0M | $23.7M | 100x | as long as short |
| 01 Exchange SUIUSD | +0.0256% | 1h | 1.0152 | +0.020% | $9K | $9K | 10x | as long as short |
| Phoenix SUI | +0.0290% | 1h | 1.0141 | −0.087% | $183K | $578K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0629% / S −0.0300% | 1h | 1.0146 | −0.035% | $870K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0748% | 1h | 1.0162 | +0.119% | $92K | $381K | 10x | as long as short |
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-USDC
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
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
01 Exchange SUIUSD
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD