Funding you earn now, next payment 01:00 UTC−0.4057%/8h= −444.2% APRnext payment −$5.07 per $10,000 · paid last 24h −0.838%
Price spread now: Injective against GMX−1.489%7-day average −0.265% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−2.111%−$211 on $10k
+Price spread, last 3 days (all we have)+1.326%+$133 · spread now −1.489%, 7d avg −0.265%
=Both sides work against this trade now: funding costs −$122 a day on $10k at the current rate, and Injective is 1.224% cheaper against GMX than usual: you would sell low and buy high (−$122 if the spread goes back to its 7-day average of −0.265%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0696 | L +0.0641% / S −0.0333% | pay 0.0080% / 1h | 12m 45s | $947K | — | 100x |
| Short | Injective SUI/USDC PERP | 1.0537 | −0.3416 | pay 0.0427% / 1h | 12m 45s | $43K | $123K | 12x |
GMX SUI/USD [ETH-USDC]
Injective SUI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$851.96
- Price spread: −1.489% → −0.265%
- −$122.4
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$986.38
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Injective: live order book, 61 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 Injective live order book, 61 min ago | 48.37 bp | doesn't fit | doesn't fit | 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 PERPshort | −0.3416% | 1h | 1.0537 | −1.489% | $43K | $123K | 12x | |
| Hibachi SUI/USDT-P | −0.0496% | 1h | 1.0700 | +0.033% | $6K | $18K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0476% | 1h | 1.0689 | −0.068% | $613K | $413K | 25x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0704 | +0.076% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0717 | +0.192% | $98K | $170K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0706 | +0.092% | $578K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0707 | +0.100% | $208K | $581K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0698 | +0.014% | $115K | — | 150x | as long as short |
| Phemex SUIUSDT | +0.0010% | 8h | 1.0704 | +0.072% | $12.0M | $25.2M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0037% | 1h | 1.0704 | +0.070% | $7.4M | $24.1M | 50x | as long as short |
Hibachi SUI/USDT-P
Bluefin SUI-PERP
Reya SUIRUSDPERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Phemex SUIUSDT
Kraken Futures PF_SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0048% | 1h | 1.0700 | +0.034% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0707 | +0.103% | $836K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0706 | +0.094% | $284K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0704 | +0.072% | $32K | $476K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0701 | +0.044% | $50K | $309K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0748 | +0.479% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0710 | +0.128% | $703K | $1.5M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0704 | +0.071% | $1.1M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0720 | +0.218% | $234K | $251K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0711 | +0.137% | $158.1M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0713 | +0.156% | $106.8M | $307.2M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0714 | +0.165% | $42.6M | $398.2M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0710 | +0.128% | $47K | $381K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0632 | −0.601% | $250K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0711 | +0.137% | $175.2M | $83.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0711 | +0.137% | $157.4M | $301.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0712 | +0.147% | $52.0M | $53.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0698 | +0.016% | $69.7M | $168.7M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0710 | +0.128% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0697 | +0.006% | $681K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0698 | +0.014% | $2.5M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0704 | +0.076% | $174K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0714 | +0.167% | $469K | $7.2M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0712 | +0.147% | $238K | $490K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0715 | +0.175% | $125K | $749K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0719 | +0.212% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0698 | +0.016% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0703 | +0.063% | $666K | $19.1M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0707 | +0.096% | $1.5M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0702 | +0.055% | $41K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0707 | +0.100% | $1.0M | $14.9M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0710 | +0.128% | $8.2M | $25.8M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0718 | +0.205% | $212K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0435% | 1h | 1.0729 | +0.306% | $77.9M | $79.5M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0641% / S −0.0333% | 1h | 1.0696 | long leg | $947K | — | 100x | |
| Aftermath Perps SUIUSD | +0.0857% | 1h | 1.0695 | −0.012% | $79K | $379K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
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
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
Aftermath Perps SUIUSD