Funding you earn now, next payment 10:00 UTC−0.0609%/8h= −66.6% APRpaid last 24h −0.180%
Price spread now: Kalshi against GMX+0.073%7-day average −0.193% · 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)−0.522%−$52 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.073%, 7d avg −0.193%
=The price spread pays, funding is against you. Kalshi is 0.267% dearer against GMX than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of −0.193%): +$27 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0194 | L +0.0609% / S −0.0268% | pay 0.0076% / 1h | 1m 14s | $949K | — | 100x |
| Short | Kalshi KXSUIPERP | 1.0201 | 0 | get 0.0000% / 8h | 2h 01m | $380K | $3.8M | 2.5x |
GMX SUI/USD [ETH-USDC]
Kalshi KXSUIPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi 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
- −$127.8
- Price spread: +0.073% → −0.193%
- $26.65
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$123.14
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Kalshi: live order book, 5 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 Kalshi live order book, 5 min ago | 9.59 bp | 14.6 bp −$15 | 18.3 bp −$183 | 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 exchanges
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 | −0.3772% | 1h | 1.0055 | −1.363% | $41K | $113K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0560% | 1h | 1.0195 | +0.009% | $5K | $16K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0385% | 1h | 1.0193 | −0.013% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0201% | 1h | 1.0183 | −0.107% | $586K | $408K | 25x | as long as short |
| 01 Exchange SUIUSD | −0.0032% | 1h | 1.0196 | +0.020% | $8K | $3K | 10x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0199 | +0.046% | $95K | $243K | 10x | as long as short |
| Kalshi KXSUIPERPshort | 0.0000% | 8h | 1.0201 | +0.073% | $380K | $3.8M | 2.5x | |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0198 | +0.040% | $194K | $502K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0196 | +0.017% | $116K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0054% | 1h | 1.0200 | +0.056% | $6.8M | $19.7M | 50x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
01 Exchange SUIUSD
dYdX SUI-USD
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSDShow all 46 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SUI | +0.0096% | 1h | 1.0198 | +0.036% | $742K | $4.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0198 | +0.039% | $328K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0194 | +0.001% | $55K | $523K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0196 | +0.020% | $55K | $700K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0191 | −0.025% | $27K | $2K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0195 | +0.011% | $662K | $2.0M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0213 | +0.187% | $73.1M | $67.5M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0200 | +0.060% | $903K | $3.6M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0197 | +0.032% | $217K | $210K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0195 | +0.011% | $144.0M | $879.7M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0197 | +0.030% | $97.4M | $272.6M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0200 | +0.060% | $41.4M | $319.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0200 | +0.060% | $43K | $316K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0195 | +0.008% | $233K | $8K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0200 | +0.060% | $168.5M | $73.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0201 | +0.069% | $96.0M | $275.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0201 | +0.069% | $50.7M | $47.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0196 | +0.020% | $66.8M | $143.6M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0200 | +0.060% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0198 | +0.040% | $652K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0210 | +0.159% | $2.4M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0221 | +0.267% | $164K | $3.9M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0213 | +0.186% | $439K | $6.7M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0232 | +0.374% | $226K | $370K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0198 | +0.040% | $123K | $484K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0207 | +0.128% | $3K | $1.3M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0195 | +0.011% | $6K | $1.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0196 | +0.020% | $754K | $16.9M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0195 | +0.011% | $11.8M | $28.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0190 | −0.037% | $1.5M | $3.5M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0227 | +0.322% | $39K | $11K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0192 | −0.019% | $7.5M | $22.6M | 100x | as long as short |
| Phoenix SUI | +0.0289% | 1h | 1.0206 | +0.118% | $203K | $340K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0320% | 1h | 1.0204 | +0.099% | $1.0M | $11.5M | 50x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0609% / S −0.0268% | 1h | 1.0194 | long leg | $949K | — | 100x | |
| Aftermath Perps SUIUSD | +0.0877% | 1h | 1.0203 | +0.087% | $80K | $405K | 10x | as long as short |
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Hyperliquid SUI
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
BloFin SUI-USDT
Phoenix SUI
Coinbase International SUI-PERP-INTX
Aftermath Perps SUIUSD