Funding you earn now, next payment 09:00 UTC−0.0518%/8h= −56.7% APRnext payment −$0.65 per $10,000 · paid last 24h −0.217%
Price spread now: Bluefin against GMX+0.001%7-day average −0.131% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.578%−$58 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now +0.001%, 7d avg −0.131%
=The price spread pays, funding is against you. Bluefin is 0.132% dearer against GMX than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.131%): +$13 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0144 | L +0.0600% / S −0.0263% | pay 0.0075% / 1h | 45m 10s | $933K | — | 100x |
| Short | Bluefin SUI-PERP | 1.0144 | 0.0082 | get 0.0010% / 1h | 45m 10s | $582K | $453K | 25x |
GMX SUI/USD [ETH-USDC]
Bluefin SUI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin against GMX. 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
- −$108.83
- Price spread: +0.001% → −0.131%
- $13.22
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$114.61
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bluefin: live order book, 54 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bluefin live order book, 54 min ago | 2.47 bp | 12.4 bp −$12 | 108.9 bp −$1,089 | doesn't fit | doesn't fit |
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 | 0.9994 | −1.477% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0382% | 1h | 1.0146 | +0.016% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0200% | 1h | 1.0145 | +0.007% | $5K | $17K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0148 | +0.044% | $95K | $258K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0154 | +0.104% | $375K | $4.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0151 | +0.070% | $195K | $536K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0144 | +0.002% | $115K | — | 150x | as long as short |
| Bluefin SUI-PERPshort | +0.0082% | 1h | 1.0144 | +0.001% | $582K | $453K | 25x | |
| Lighter SUI | +0.0096% | 1h | 1.0158 | +0.137% | $750K | $4.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0160 | +0.158% | $302K | $2.1M | 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
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0152 | +0.080% | $43K | $529K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0145 | +0.011% | $47K | $441K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0149 | +0.046% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0150 | +0.061% | $674K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0162 | +0.182% | $905K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0151 | +0.072% | $216K | $251K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0161 | +0.170% | $145.6M | $982.5M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0159 | +0.150% | $97.9M | $306.1M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0159 | +0.149% | $41.0M | $364.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0150 | +0.061% | $43K | $321K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0149 | +0.049% | $232K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0156 | +0.120% | $167.7M | $79.1M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0159 | +0.149% | $100.2M | $287.2M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0159 | +0.149% | $51.7M | $51.4M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0158 | +0.139% | $67.1M | $166.9M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0159 | +0.149% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0156 | +0.120% | $665K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0148 | +0.039% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0143 | −0.004% | $164K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0147 | +0.031% | $442K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0163 | +0.189% | $205K | $371K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0152 | +0.080% | $122K | $519K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0167 | +0.228% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0155 | +0.110% | $7K | $1.6M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0156 | +0.120% | $633K | $18.2M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0157 | +0.130% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0147 | +0.029% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0151 | +0.070% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0112% | 1h | 1.0154 | +0.100% | $8K | $3K | 10x | as long as short |
| Hyperliquid SUI | +0.0119% | 1h | 1.0168 | +0.238% | $73.4M | $77.6M | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0160 | +0.159% | $7.5M | $24.4M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0283% | 1h | 1.0158 | +0.141% | $6.8M | $21.5M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0360% | 1h | 1.0169 | +0.248% | $1.0M | $14.3M | 50x | as long as short |
| Phoenix SUI | +0.0426% | 1h | 1.0159 | +0.145% | $202K | $395K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0600% / S −0.0263% | 1h | 1.0144 | long leg | $933K | — | 100x | |
| Aftermath Perps SUIUSD | +0.1220% | 1h | 1.0153 | +0.093% | $82K | $408K | 10x | as long as short |
Popdex SUIUSDT
Orderly PERP_SUI_USDC
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-USDC
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
01 Exchange SUIUSD
Hyperliquid SUI
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
Phoenix SUI
Aftermath Perps SUIUSD