Funding you earn now, next payment 08:00 UTC+0.0163%/8h= +17.8% APRpaid last 24h +0.045%
Price spread now: GMX against Bybit+0.095%51s7-day average +0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.095%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.079% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.016%. The two prices were read 51 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 | Bybit SUIUSDT | 1.0104 | 0.0100 | pay 0.0100% / 8h | 35m 28s | $97.8M | $311.3M | 50x |
| Short | GMX SUI/USD [ETH-USDC] | 1.0113 | L +0.0599% / S −0.0263% | get 0.0033% / 1h | 35m 28s | $930K | — | 100x |
Bybit SUIUSDT
GMX SUI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bybit. 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
- $34.14
- Price spread: +0.095% → +0.016%
- $7.91
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $19.05
- Costs to cover
- 0.230%
- Break-even
- 3.1 days
Slippage unknown: Bybit: live order book, 4 min ago; GMX: no order-book sample. 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 Bybit live order book, 4 min ago | 0.49 bp | 9.6 bp −$10 | 16.1 bp −$161 | 40.3 bp −$4,029 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | −0.2780% | 1h | 1.0059 | −0.440% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0381% | 1h | 1.0105 | +0.011% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0336% | 1h | 1.0115 | +0.114% | $5K | $20K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0242% | 1h | 1.0099 | −0.045% | $579K | $430K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0108 | +0.044% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0121 | +0.173% | $389K | $4.3M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0117 | +0.134% | $195K | $558K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0114 | +0.106% | $114K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0114 | +0.109% | $757K | $5.1M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0116 | +0.122% | $296K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
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 | 1.0107 | +0.035% | $40K | $525K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0114 | +0.104% | $46K | $247K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0110 | +0.061% | $26K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0107 | +0.030% | $677K | $2.2M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0115 | +0.114% | $72.9M | $78.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0108 | +0.040% | $892K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0112 | +0.085% | $215K | $255K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0108 | +0.040% | $145.6M | $996.0M | 75x | as long as short |
| Bybit SUIUSDTlong | +0.0100% | 8h | 1.0104 | long leg | $97.8M | $311.3M | 50x | |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0104 | +0.005% | $40.8M | $367.1M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0110 | +0.064% | $43K | $326K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0138 | +0.344% | $238K | $454 | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0106 | +0.025% | $167.1M | $81.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0107 | +0.035% | $152.2M | $283.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0114 | +0.104% | $49.8M | $52.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0105 | +0.015% | $66.7M | $169.0M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0105 | +0.015% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0113 | +0.094% | $671K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0111 | +0.070% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0123 | +0.190% | $163K | $4.3M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0149 | +0.450% | $442K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0121 | +0.173% | $222K | $360K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0115 | +0.114% | $122K | $540K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0131 | +0.272% | $3K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0114 | +0.104% | $6K | $1.7M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0115 | +0.114% | $635K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0118 | +0.144% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0106 | +0.021% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0119 | +0.158% | $38K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0119% | 1h | 1.0116 | +0.128% | $6.8M | $21.8M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0144% | 1h | 1.0109 | +0.054% | $8K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0116 | +0.124% | $7.5M | $24.3M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0328% | 1h | 1.0120 | +0.163% | $1.0M | $14.3M | 50x | as long as short |
| Phoenix SUI | +0.0393% | 1h | 1.0145 | +0.411% | $201K | $400K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]short | L +0.0599% / S −0.0263% | 1h | 1.0113 | +0.095% | $930K | — | 100x | |
| Aftermath Perps SUIUSD | +0.1298% | 1h | 1.0155 | +0.512% | $82K | $409K | 10x | as long as short |
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Hyperliquid SUI
Aster SUIUSDT
Pacifica SUI
Binance 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
Kraken Futures PF_SUIUSD
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
Aftermath Perps SUIUSD