Funding you earn now, next payment 04:00 UTC−0.0364%/8h= −39.9% APRnext payment −$0.46 per $10,000 · paid last 24h −0.065%
Price spread now: Coinbase International against GMX+0.148%7-day average +0.094% · 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)−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.148%, 7d avg +0.094%
=The price spread pays, funding is against you. Coinbase International is 0.053% dearer against GMX than usual: you sell high and buy low (spread +0.148% now, against its 7-day average of +0.094%): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 3 days (−0.097% in total) that is about 44 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.097% in total (about -10.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0352 | L +0.0612% / S −0.0267% | pay 0.0077% / 1h | 57m 01s | $957K | — | 100x |
| Short | Coinbase International SUI-PERP-INTX | 1.0367 | 0.0248 | get 0.0031% / 1h | 57m 01s | $975K | $15.0M | 50x |
GMX SUI/USD [ETH-USDC]
Coinbase International SUI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$76.48
- Price spread: +0.148% → +0.094%
- $5.35
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$93.14
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago | 5.30 bp | 12.9 bp −$13 | 20.4 bp −$204 | 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 | −0.3470% | 1h | 1.0251 | −0.973% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0376% | 1h | 1.0352 | +0.002% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0320% | 1h | 1.0352 | −0.001% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0067% | 1h | 1.0357 | +0.053% | $6.8M | $26.9M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0373 | +0.205% | $130K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0369 | +0.164% | $497K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0350 | −0.017% | $201K | $573K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0352 | +0.004% | $116K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0005% | 1h | 1.0339 | −0.123% | $592K | $407K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0355 | +0.034% | $799K | $5.4M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
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 | 1.0360 | +0.076% | $299K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0359 | +0.070% | $42K | $513K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0369 | +0.168% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0356 | +0.046% | $584K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0357 | +0.046% | $906K | $4.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0373 | +0.205% | $224K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0357 | +0.050% | $150.1M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0355 | +0.032% | $101.8M | $309.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0355 | +0.032% | $40.8M | $388.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0370 | +0.176% | $44K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0339 | −0.123% | $243K | $6K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0354 | +0.022% | $169.7M | $80.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0356 | +0.041% | $152.7M | $291.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0356 | +0.041% | $49.9M | $53.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0351 | −0.007% | $67.6M | $172.5M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0353 | +0.012% | — | $82.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0350 | −0.017% | $654K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0383 | +0.299% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0364 | +0.123% | $170K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0363 | +0.109% | $453K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0369 | +0.167% | $229K | $430K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0366 | +0.138% | $123K | $747K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0351 | −0.007% | $48K | $145K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0349 | −0.026% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0353 | +0.012% | $14K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0353 | +0.012% | $588K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0356 | +0.041% | $11.9M | $26.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0353 | +0.009% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0356 | +0.045% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0136% | 1h | 1.0360 | +0.080% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0354 | +0.022% | $7.9M | $24.8M | 100x | as long as short |
| Coinbase International SUI-PERP-INTXshort | +0.0248% | 1h | 1.0367 | +0.148% | $975K | $15.0M | 50x | |
| Phoenix SUI | +0.0390% | 1h | 1.0371 | +0.181% | $210K | $415K | 10x | as long as short |
| Hyperliquid SUI | +0.0396% | 1h | 1.0365 | +0.128% | $75.0M | $81.6M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0612% / S −0.0267% | 1h | 1.0352 | long leg | $957K | — | 100x | |
| Aftermath Perps SUIUSD | +0.1498% | 1h | 1.0378 | +0.255% | $83K | $402K | 10x | as long as short |
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
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
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
01 Exchange SUIUSD
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
Aftermath Perps SUIUSD