Funding you earn now, next payment 06:00 UTC+0.0260%/8h= +28.5% APRnext payment +$0.33 per $10,000 · paid last 24h +0.181%
Price spread now: Backpack against Hibachi+0.189%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Backpack is 0.189% dearer against Hibachi than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hibachi SUI/USDT-P | 1.0118 | −0.0160 | get 0.0020% / 1h | 18m 57s | $5K | $19K | 7x |
| Short | Backpack SUI_USDC_PERP | 1.0137 | 0.0100 | get 0.0013% / 1h | 18m 57s | $648K | $1.4M | 20x |
Hibachi SUI/USDT-P
Backpack SUI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Hibachi. 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
- $54.6
- Price spread: +0.189% → 0.000%
- $18.88
- Slippage, 4 orders
- no order book: not counted
- Fee Hibachi: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $54.48
- Costs to cover
- 0.190%
- Break-even
- 0.0 days
Slippage unknown: Hibachi: no order-book sample; Backpack: 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 Hibachi no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 5 min ago | 0.50 bp | 6.8 bp −$7 | 14.7 bp −$147 | doesn't fit | doesn't fit |
Hibachi: 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 | 0.9907 | −2.084% | $41K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0378% | 1h | 1.0141 | +0.228% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-Plong | −0.0160% | 1h | 1.0118 | long leg | $5K | $19K | 7x | |
| dYdX SUI-USD | 0.0000% | 1h | 1.0125 | +0.072% | $95K | $294K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0136 | +0.176% | $371K | $5.1M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0139 | +0.209% | $114K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0039% | 1h | 1.0125 | +0.070% | $581K | $430K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0136 | +0.183% | $780K | $5.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0140 | +0.214% | $300K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0136 | +0.179% | $31K | $545K | 50x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUI
Lighter RH SUI
Popdex SUIUSDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0137 | +0.189% | $47K | $211K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0129 | +0.107% | $26K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0135 | +0.174% | $547K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0140 | +0.218% | $887K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0130 | +0.116% | $219K | $258K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0140 | +0.218% | $145.7M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0135 | +0.166% | $99.2M | $319.1M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0134 | +0.159% | $41.2M | $388.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0140 | +0.218% | $43K | $329K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0045 | −0.721% | $236K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0138 | +0.199% | $166.3M | $85.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0122 | +0.041% | $149.7M | $294.4M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0139 | +0.209% | $49.4M | $53.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0126 | +0.080% | $66.7M | $177.9M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0139 | +0.209% | — | $84.5M | — | as long as short |
| Backpack SUI_USDC_PERPshort | +0.0100% | 1h | 1.0137 | +0.189% | $648K | $1.4M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0075 | −0.427% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0084 | −0.339% | $162K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0038 | −0.790% | $434K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0026 | −0.908% | $221K | $436K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0147 | +0.288% | $133K | $724K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0154 | +0.357% | $3K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0136 | +0.179% | $6K | $1.9M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0144 | +0.258% | $618K | $19.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0137 | +0.189% | $11.7M | $27.8M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0125 | +0.074% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0168 | +0.494% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0120% | 1h | 1.0142 | +0.238% | $9K | $3K | 10x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0145% | 1h | 1.0138 | +0.199% | $197K | $562K | 25x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0173% | 1h | 1.0138 | +0.195% | $6.8M | $24.9M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0137 | +0.189% | $7.6M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0139 | +0.209% | $966K | $14.9M | 50x | as long as short |
| Hyperliquid SUI | +0.0382% | 1h | 1.0150 | +0.317% | $72.8M | $83.3M | 10x | as long as short |
| Phoenix SUI | +0.0416% | 1h | 1.0038 | −0.787% | $199K | $422K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0600% / S −0.0263% | 1h | 1.0138 | +0.196% | $932K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1452% | 1h | 1.0086 | −0.314% | $81K | $410K | 10x | as long as short |
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
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
01 Exchange SUIUSD
Deribit SUI_USDC-PERPETUAL
Kraken Futures PF_SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD