Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.013%
Price spread now: Deribit against GRVT+0.045%75s7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 3 days (all we have)+0.200%+$20 · spread now +0.045%, 7d avg +0.071%
=Together, before fees+0.213%+ Points / potential airdropGRVT: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.025% cheaper against GRVT than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.071%). Swap the legs. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SUI_USDT_Perp | 1.0302 | 0.0100 | pay 0.0100% / 8h | 1h 37m | $445K | $7.0M | 10x |
| Short | Deribit SUI_USDC-PERPETUAL | 1.0307 | 0 | get 0.0000% / 1h | 37m 37s | $191K | $562K | 25x |
GRVT SUI_USDT_Perp
Deribit SUI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against GRVT. 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
- −$21
- Price spread: +0.045% → +0.071%
- −$2.54
- Slippage, 4 orders
- −$14.44
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$53.98
- Costs to cover
- 0.304%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 min ago; Deribit: live order book, 46 min ago.
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 GRVT live order book, 1 min ago | 0.97 bp | 6.3 bp −$6 | 12.7 bp −$127 | 1693.0 bp −$169.3K | doesn't fit |
| Sell Deribit live order book, 46 min ago | 3.44 bp | 7.9 bp −$8 | 14.9 bp −$149 | doesn't fit | doesn't fit |
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 | −0.2926% | 1h | 1.0133 | −1.644% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0368% | 1h | 1.0304 | +0.020% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0158% | 1h | 1.0295 | −0.071% | $590K | $407K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0104% | 1h | 1.0300 | −0.021% | $6K | $18K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0285 | −0.167% | $94K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0308 | +0.057% | $460K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUALshort | 0.0000% | 1h | 1.0307 | +0.045% | $191K | $562K | 25x | |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0307 | +0.046% | $119K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0288 | −0.143% | $793K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0291 | −0.111% | $255K | $2.0M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Bluefin SUI-PERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
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 | 1.0308 | +0.055% | $37K | $503K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0098% | 8h | 1.0306 | +0.036% | $45K | $375K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0285 | −0.165% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0307 | +0.050% | $599K | $1.3M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0289 | −0.130% | $1.0M | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0286 | −0.157% | $224K | $262K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0285 | −0.168% | $152.0M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0286 | −0.162% | $103.2M | $306.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0283 | −0.188% | $41.0M | $384.2M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0290 | −0.120% | $148K | $284K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0303 | +0.004% | $242K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0288 | −0.139% | $165.8M | $80.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0285 | −0.168% | $148.6M | $295.3M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0284 | −0.178% | $51.8M | $52.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0283 | −0.188% | $67.8M | $168.6M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0288 | −0.139% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0288 | −0.139% | $654K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0302 | 0.000% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0300 | −0.026% | $166K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perplong | +0.0100% | 8h | 1.0302 | long leg | $445K | $7.0M | 10x | |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0304 | +0.016% | $234K | $441K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0316 | +0.133% | $107K | $787K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0320 | +0.172% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0290 | −0.120% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0293 | −0.090% | $628K | $18.6M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0294 | −0.081% | $11.5M | $24.6M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0285 | −0.166% | $1.4M | $3.8M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0309 | +0.065% | $9K | $9K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0295 | −0.066% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0293 | −0.090% | $8.0M | $23.9M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0295 | −0.071% | $973K | $13.9M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0295% | 1h | 1.0292 | −0.102% | $7.2M | $24.2M | 50x | as long as short |
| Phoenix SUI | +0.0346% | 1h | 1.0317 | +0.140% | $204K | $574K | 10x | as long as short |
| Hyperliquid SUI | +0.0479% | 1h | 1.0299 | −0.028% | $73.4M | $80.9M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0638% / S −0.0309% | 1h | 1.0307 | +0.046% | $900K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0695% | 1h | 1.0302 | −0.008% | $94K | $381K | 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-USDC
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Aevo SUI-PERP
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD