Funding you earn now, next payment 02:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Backpack against gTrade (Gains Network)+0.141%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2892.895% of the position
Funding, last 3 days (all we have)+0.093%+$9 on $10k
+Price spread, last 3 days (all we have)−0.133%−$13 · spread now +0.141%, 7d avg −0.003%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Backpack is 0.145% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 more if the spread 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 | gTrade (Gains Network) SUI/USD | 1.0350 | L +0.0003% / S −0.0003% | pay 0.0000% / 1h | 29m 48s | $113K | — | 150x |
| Short | Backpack SUI_USDC_PERP | 1.0365 | 0.0100 | get 0.0013% / 1h | 29m 48s | $687K | $1.2M | 20x |
gTrade (Gains Network) SUI/USD
Backpack SUI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against gTrade (Gains Network). 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
- $20.42
- Price spread: +0.141% → −0.003%
- $14.45
- Slippage, 4 orders
- −$269.48
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$254.61
- Costs to cover
- 2.895%
- Break-even
- 94.3 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 39 min ago; Backpack: 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 gTrade (Gains Network) virtual book (oracle venue), 39 min ago | 130.04 bp | 142.8 bp −$143 | 977.3 bp −$9,773 | 10438.8 bp −$1.04M | doesn't fit |
| Sell Backpack live order book, 4 min ago | 0.48 bp | 5.7 bp −$6 | 8.3 bp −$83 | doesn't fit | doesn't fit |
SUI on 45 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 | −0.4499% | 1h | 1.0211 | −1.347% | $42K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0464% | 1h | 1.0368 | +0.173% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0372% | 1h | 1.0349 | −0.013% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0355 | +0.048% | $94K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0365 | +0.144% | $498K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0360 | +0.093% | $201K | $579K | 25x | as long as short |
| gTrade (Gains Network) SUI/USDlong | L +0.0003% / S −0.0003% | 1h | 1.0350 | long leg | $113K | — | 150x | |
| Kraken Futures PF_SUIUSD | +0.0012% | 1h | 1.0368 | +0.166% | $6.8M | $27.0M | 50x | as long as short |
| ApeX Omni SUIUSDT | +0.0040% | 1h | 1.0380 | +0.286% | $237K | $507K | 50x | as long as short |
| Bluefin SUI-PERP | +0.0080% | 1h | 1.0346 | −0.043% | $592K | $415K | 25x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
Kraken Futures PF_SUIUSD
ApeX Omni SUIUSDT
Bluefin SUI-PERPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0088% | 1h | 1.0357 | +0.064% | $9K | $8K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0373 | +0.218% | $819K | $5.7M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0376 | +0.245% | $276K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0355 | +0.044% | $30K | $490K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0374 | +0.224% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0357 | +0.069% | $750K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0366 | +0.155% | $913K | $5.0M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0351 | +0.010% | $225K | $268K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0370 | +0.190% | $151.4M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0374 | +0.224% | $103.1M | $312.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0370 | +0.189% | $40.8M | $392.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0360 | +0.093% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0354 | +0.035% | $244K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0370 | +0.189% | $163.4M | $84.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0372 | +0.209% | $149.4M | $298.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0369 | +0.180% | $51.6M | $53.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0372 | +0.209% | $67.5M | $172.4M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0370 | +0.189% | — | $82.5M | — | as long as short |
| Backpack SUI_USDC_PERPshort | +0.0100% | 1h | 1.0365 | +0.141% | $687K | $1.2M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0337 | −0.130% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0375 | +0.242% | $169K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0348 | −0.025% | $450K | $7.5M | 10x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0363 | +0.122% | $119K | $727K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0358 | +0.073% | $47K | $263K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0356 | +0.054% | $3K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0364 | +0.131% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0354 | +0.035% | $657K | $19.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0368 | +0.170% | $11.5M | $25.7M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0369 | +0.182% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0362 | +0.112% | $39K | $16K | 3x | as long as short |
| Hyperliquid SUI | +0.0111% | 1h | 1.0384 | +0.325% | $74.3M | $80.6M | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0152% | 1h | 1.0365 | +0.141% | $1.0M | $14.6M | 50x | as long as short |
| Phoenix SUI | +0.0221% | 1h | 1.0359 | +0.085% | $205K | $595K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0619% / S −0.0272% | 1h | 1.0347 | −0.029% | $975K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1004% | 1h | 1.0363 | +0.118% | $78K | $380K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
Lighter RH SUI
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
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Hyperliquid SUI
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD