Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Polymarket Perps against Backpack−0.039%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.545%+$54 · spread now −0.039%, 7d avg +0.065%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.104% cheaper against Backpack than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SUI_USDC_PERP | 1.0161 | 0.0100 | pay 0.0013% / 1h | 47m 48s | $666K | $1.3M | 20x |
| Short | Polymarket Perps SUI-USD | 1.0157 | 0.0100 | get 0.0013% / 1h | 47m 48s | $122K | $520K | 10x |
Backpack SUI_USDC_PERP
Polymarket Perps SUI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Backpack. 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
- $0
- Price spread: −0.039% → +0.065%
- −$10.4
- Slippage, 4 orders
- −$9.4
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$37.8
- Costs to cover
- 0.274%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 1 min ago; Polymarket Perps: live order book, 50 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 Backpack live order book, 1 min ago | 0.49 bp | 5.9 bp −$6 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 50 min ago | 1.98 bp | 7.9 bp −$8 | 8.3 bp −$83 | 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 | −0.3240% | 1h | 0.9994 | −1.644% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0382% | 1h | 1.0151 | −0.098% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0208% | 1h | 1.0143 | −0.175% | $5K | $17K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0143 | −0.173% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0155 | −0.058% | $376K | $4.2M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0162 | +0.010% | $195K | $536K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0160 | −0.013% | $115K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0087% | 1h | 1.0149 | −0.118% | $582K | $452K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0164 | +0.027% | $750K | $4.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0164 | +0.030% | $302K | $2.1M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
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 | 1.0156 | −0.049% | $43K | $529K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0159 | −0.020% | $47K | $427K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0149 | −0.122% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0157 | −0.034% | $674K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0165 | +0.043% | $907K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0148 | −0.124% | $216K | $251K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0164 | +0.026% | $145.5M | $983.0M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0161 | +0.002% | $97.9M | $306.4M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0163 | +0.020% | $41.0M | $364.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0150 | −0.108% | $43K | $321K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0149 | −0.120% | $232K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0161 | 0.000% | $167.9M | $79.1M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0165 | +0.039% | $100.8M | $287.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0165 | +0.039% | $51.1M | $51.4M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0160 | −0.010% | $67.1M | $166.9M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0163 | +0.020% | — | $88.0M | — | as long as short |
| Backpack SUI_USDC_PERPlong | +0.0100% | 1h | 1.0161 | long leg | $666K | $1.3M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0141 | −0.199% | $2.4M | $3.3M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0121 | −0.389% | $163K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0125 | −0.354% | $434K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0128 | −0.325% | $205K | $371K | 50x | as long as short |
| Polymarket Perps SUI-USDshort | +0.0100% | 1h | 1.0157 | −0.039% | $122K | $520K | 10x | |
| SunX SUI-USDT | +0.0100% | 8h | 1.0174 | +0.128% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0159 | −0.020% | $6K | $1.6M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0159 | −0.020% | $635K | $18.2M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0150 | −0.108% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0161 | +0.005% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0159 | −0.018% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0112% | 1h | 1.0158 | −0.030% | $8K | $3K | 10x | as long as short |
| Hyperliquid SUI | +0.0134% | 1h | 1.0172 | +0.108% | $73.4M | $77.5M | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0143 | −0.177% | $7.6M | $24.4M | 100x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0283% | 1h | 1.0162 | +0.006% | $6.8M | $21.5M | 50x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0360% | 1h | 1.0169 | +0.079% | $1.0M | $14.3M | 50x | as long as short |
| Phoenix SUI | +0.0426% | 1h | 1.0158 | −0.030% | $202K | $395K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0600% / S −0.0263% | 1h | 1.0157 | −0.042% | $934K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1224% | 1h | 1.0145 | −0.156% | $82K | $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
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
Hyperliquid SUI
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD