Funding you earn now, next payment 06:00 UTC−0.0595%/8h= −65.2% APRnext payment −$0.74 per $10,000 · paid last 24h −0.145%
Price spread now: Deribit against GMX+0.172%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)−0.386%−$39 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.172%, 7d avg +0.025%
=The price spread pays, funding is against you. Deribit is 0.147% dearer against GMX than usual: you sell high and buy low (spread +0.172% now, against its 7-day average of +0.025%): +$15 on $10k if it goes back. Holding the pair costs −$18 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] | 1.0200 | L +0.0595% / S −0.0258% | pay 0.0074% / 1h | 55m 13s | $927K | — | 100x |
| Short | Deribit SUI_USDC-PERPETUAL | 1.0218 | 0 | get 0.0000% / 1h | 55m 13s | $199K | $571K | 25x |
GMX SUI/USD [ETH-USDC]
Deribit SUI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$124.96
- Price spread: +0.172% → +0.025%
- $14.71
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$129.25
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Deribit: live order book, 59 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 Deribit live order book, 59 min ago | 4.82 bp | 8.3 bp −$8 | 16.5 bp −$165 | 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 | −0.3309% | 1h | 1.0051 | −1.465% | $41K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0377% | 1h | 1.0200 | 0.000% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0128% | 1h | 1.0226 | +0.249% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0208 | +0.073% | $128K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0217 | +0.162% | $480K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUALshort | 0.0000% | 1h | 1.0218 | +0.172% | $199K | $571K | 25x | |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0202 | +0.019% | $115K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0072% | 1h | 1.0206 | +0.054% | $585K | $406K | 25x | as long as short |
| 01 Exchange SUIUSD | +0.0088% | 1h | 1.0205 | +0.044% | $9K | $3K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0218 | +0.174% | $774K | $5.4M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
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 | 1.0227 | +0.257% | $304K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0205 | +0.044% | $46K | $519K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0214 | +0.133% | $47K | $186K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0210 | +0.095% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0204 | +0.039% | $577K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0224 | +0.227% | $875K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0217 | +0.162% | $220K | $253K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0222 | +0.215% | $145.5M | $1.04B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0212 | +0.116% | $100.6M | $309.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0218 | +0.172% | $40.3M | $386.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0210 | +0.093% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0161 | −0.383% | $239K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0202 | +0.015% | $166.8M | $82.4M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0205 | +0.044% | $152.3M | $290.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0206 | +0.054% | $50.1M | $54.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0213 | +0.123% | $66.7M | $175.3M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0207 | +0.064% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0223 | +0.221% | $630K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0231 | +0.296% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0211 | +0.105% | $164K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0228 | +0.270% | $448K | $7.5M | 10x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0209 | +0.084% | $137K | $736K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0239 | +0.378% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0220 | +0.191% | $14K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0218 | +0.172% | $592K | $19.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0221 | +0.201% | $11.7M | $27.4M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0214 | +0.134% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0225 | +0.237% | $39K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0172% | 1h | 1.0220 | +0.190% | $6.7M | $24.8M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0221 | +0.201% | $7.6M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0214 | +0.133% | $973K | $15.0M | 50x | as long as short |
| Hyperliquid SUI | +0.0302% | 1h | 1.0212 | +0.113% | $73.3M | $80.9M | 10x | as long as short |
| Phoenix SUI | +0.0408% | 1h | 1.0232 | +0.311% | $203K | $422K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0595% / S −0.0258% | 1h | 1.0200 | long leg | $927K | — | 100x | |
| ApeX Omni SUIUSDT | +0.0646% | 1h | 1.0225 | +0.240% | $223K | $434K | 50x | as long as short |
| Aftermath Perps SUIUSD | +0.1423% | 1h | 1.0212 | +0.110% | $82K | $407K | 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
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
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Kraken Futures PF_SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
ApeX Omni SUIUSDT
Aftermath Perps SUIUSD