Funding you earn now, next payment 00:00 UTC−0.0538%/8h= −58.9% APRpaid last 24h −0.125%
Price spread now: Bybit against GMX+0.335%7-day average −0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.356%−$36 on $10k
+Price spread, last 3 days (all we have)−0.289%−$29 · spread now +0.335%, 7d avg −0.025%
=The price spread pays, funding is against you. Bybit is 0.361% dearer against GMX than usual: you sell high and buy low (spread +0.335% now, against its 7-day average of −0.025%): +$36 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0369 | L +0.0638% / S −0.0305% | pay 0.0080% / 1h | 4m 47s | $898K | — | 100x |
| Short | Bybit SUIUSDT | 1.0404 | 0.0100 | get 0.0100% / 8h | 4m 47s | $104.5M | $307.7M | 50x |
GMX SUI/USD [ETH-USDC]
Bybit SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$112.97
- Price spread: +0.335% → −0.025%
- $36.06
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$99.91
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Bybit: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 0.48 bp | 7.4 bp −$7 | 11.6 bp −$116 | 35.0 bp −$3,501 | 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 | −0.3474% | 1h | 1.0288 | −0.784% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0370% | 1h | 1.0363 | −0.064% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0360% | 1h | 1.0350 | −0.184% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0063% | 1h | 1.0370 | +0.007% | $594K | $406K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0397 | +0.272% | $95K | $175K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0371 | +0.014% | $464K | $5.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0385 | +0.152% | $202K | $587K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0370 | +0.007% | $119K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0088% | 1h | 1.0367 | −0.022% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0395 | +0.246% | $799K | $5.9M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSD
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 | 1.0400 | +0.293% | $261K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0367 | −0.022% | $41K | $494K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0380 | +0.104% | $46K | $327K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0394 | +0.237% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0367 | −0.017% | $657K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0395 | +0.245% | $1.0M | $4.7M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0399 | +0.283% | $226K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0396 | +0.260% | $154.0M | $1.03B | 75x | as long as short |
| Bybit SUIUSDTshort | +0.0100% | 8h | 1.0404 | +0.335% | $104.5M | $307.7M | 50x | |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0401 | +0.306% | $41.7M | $389.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0360 | −0.089% | $46K | $387K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0394 | +0.239% | $167.6M | $81.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0399 | +0.287% | $151.2M | $292.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0385 | +0.152% | $51.3M | $52.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0391 | +0.210% | $68.6M | $167.8M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0396 | +0.258% | — | $81.7M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0383 | +0.133% | $665K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0349 | −0.194% | $2.3M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0363 | −0.063% | $168K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0373 | +0.033% | $451K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0360 | −0.089% | $236K | $444K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0375 | +0.055% | $108K | $771K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0378 | +0.084% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0381 | +0.113% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0366 | −0.031% | $645K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0381 | +0.113% | $11.6M | $25.0M | 50x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0379 | +0.090% | $244K | $2K | 10x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0387 | +0.171% | $1.4M | $3.8M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0387 | +0.168% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0375 | +0.055% | $8.0M | $24.3M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0224% | 1h | 1.0377 | +0.075% | $976K | $14.0M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0272% | 1h | 1.0389 | +0.189% | $7.2M | $24.2M | 50x | as long as short |
| Phoenix SUI | +0.0327% | 1h | 1.0376 | +0.068% | $206K | $593K | 10x | as long as short |
| Hyperliquid SUI | +0.0622% | 1h | 1.0407 | +0.364% | $75.5M | $80.9M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0638% / S −0.0305% | 1h | 1.0369 | long leg | $898K | — | 100x | |
| Aftermath Perps SUIUSD | +0.0827% | 1h | 1.0374 | +0.047% | $94K | $382K | 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
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
Bulk SUI-USD
Extended SUI-USD
Aevo SUI-PERP
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
Hyperliquid SUI
Aftermath Perps SUIUSD