Funding you earn now, next payment 06:00 UTC−0.0496%/8h= −54.3% APRpaid last 24h −0.134%
Price spread now: Variational Omni against GMX−0.196%7-day average +0.017% · 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)−0.392%−$39 on $10k
+Price spread, last 4 days (all we have)+0.115%+$12 · spread now −0.196%, 7d avg +0.017%
=Together, before fees−0.277%+ Points / potential airdropVariational Omni: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Variational Omni is 0.213% cheaper against GMX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0020 | L +0.0596% / S −0.0263% | pay 0.0075% / 1h | 23m 20s | $921K | — | 100x |
| Short | Variational Omni SUI | 1.0001 | 0.0100 | get 0.0100% / 8h | 2h 23m | $2.4M | $3.4M | — |
GMX SUI/USD [ETH-USDC]
Variational Omni SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$104.22
- Price spread: −0.196% → +0.017%
- −$21.3
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$137.52
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago | 3.24 bp | doesn't fit | 19.4 bp −$194 | 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 | 1.0052 | +0.315% | $41K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0378% | 1h | 1.0020 | −0.005% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0160% | 1h | 1.0037 | +0.169% | $5K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0031 | +0.105% | $94K | $294K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0042 | +0.219% | $371K | $5.1M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0021 | +0.009% | $113K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0029% | 1h | 1.0007 | −0.134% | $574K | $431K | 25x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0049% | 1h | 1.0023 | +0.025% | $195K | $562K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0027 | +0.063% | $771K | $5.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0031 | +0.106% | $296K | $2.2M | 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
Deribit SUI_USDC-PERPETUAL
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0022 | +0.015% | $31K | $545K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0024 | +0.035% | $46K | $209K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0027 | +0.069% | $26K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0029 | +0.080% | $542K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0028 | +0.076% | $877K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0032 | +0.115% | $218K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0025 | +0.046% | $144.1M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0019 | −0.014% | $97.7M | $318.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0021 | +0.005% | $40.8M | $383.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0020 | −0.005% | $42K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0068 | +0.474% | $237K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0024 | +0.035% | $163.9M | $84.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0025 | +0.045% | $148.5M | $293.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0023 | +0.025% | $48.9M | $53.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0016 | −0.045% | $66.0M | $177.7M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0023 | +0.025% | — | $82.9M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0034 | +0.135% | $626K | $1.4M | 20x | as long as short |
| Variational Omni SUIshort | +0.0100% | 8h | 1.0001 | −0.196% | $2.4M | $3.4M | — | |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0016 | −0.042% | $161K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0032 | +0.115% | $439K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0015 | −0.055% | $220K | $436K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0030 | +0.095% | $132K | $727K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0037 | +0.165% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0022 | +0.015% | $5K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0037 | +0.165% | $606K | $19.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0029 | +0.085% | $11.5M | $27.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0017 | −0.037% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0031 | +0.103% | $38K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0112% | 1h | 1.0023 | +0.025% | $9K | $3K | 10x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0175% | 1h | 1.0027 | +0.061% | $6.7M | $25.0M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0026 | +0.055% | $7.5M | $24.2M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0038 | +0.175% | $951K | $14.8M | 50x | as long as short |
| Hyperliquid SUI | +0.0353% | 1h | 1.0035 | +0.145% | $72.0M | $83.1M | 10x | as long as short |
| Phoenix SUI | +0.0416% | 1h | 1.0042 | +0.219% | $199K | $422K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0596% / S −0.0263% | 1h | 1.0020 | long leg | $921K | — | 100x | |
| Aftermath Perps SUIUSD | +0.1467% | 1h | 1.0043 | +0.222% | $81K | $409K | 10x | as long as short |
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-USDT
Backpack SUI_USDC_PERP
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
01 Exchange SUIUSD
Kraken Futures PF_SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
Aftermath Perps SUIUSD