Funding you earn now, next payment 06:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h −0.017%
Price spread now: GMX against Coinbase International+0.152%7-day average −0.095% · 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)−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)−0.240%−$24 · spread now +0.152%, 7d avg −0.095%
=The price spread pays, funding is against you. GMX is 0.248% dearer against Coinbase International than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of −0.095%): +$25 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 47 days. At the pace of the last 3 days (−0.183% in total) that is about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SUI-PERP-INTX | 1.0181 | 0.0280 | pay 0.0035% / 1h | 11m 42s | $1.0M | $14.6M | 50x |
| Short | GMX SUI/USD [ETH-USDC] | 1.0197 | L +0.0602% / S −0.0263% | get 0.0033% / 1h | 11m 42s | $938K | — | 100x |
Coinbase International SUI-PERP-INTX
GMX SUI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Coinbase International. 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
- −$3.66
- Price spread: +0.152% → −0.095%
- $24.78
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$0.88
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago | 5.89 bp | 16.3 bp −$16 | 22.2 bp −$222 | doesn't fit | 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 | −0.3536% | 1h | 1.0080 | −0.992% | $41K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0193 | +0.117% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0256% | 1h | 1.0182 | +0.015% | $5K | $20K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0102% | 1h | 1.0183 | +0.020% | $584K | $420K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0201 | +0.197% | $96K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0198 | +0.171% | $376K | $4.4M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0183 | +0.020% | $115K | — | 150x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0044% | 1h | 1.0202 | +0.206% | $196K | $558K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0185 | +0.041% | $777K | $5.4M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0184 | +0.026% | $298K | $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
gTrade (Gains Network) SUI/USD
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 | 1.0200 | +0.187% | $39K | $522K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0197 | +0.157% | $47K | $222K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0196 | +0.151% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0190 | +0.088% | $691K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0184 | +0.031% | $899K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0198 | +0.169% | $218K | $258K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0182 | +0.010% | $146.3M | $1.00B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0178 | −0.027% | $98.7M | $313.2M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0178 | −0.029% | $41.0M | $372.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0200 | +0.187% | $43K | $329K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0191 | +0.094% | $240K | $1K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0180 | −0.010% | $166.8M | $83.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0183 | +0.020% | $153.7M | $292.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0183 | +0.020% | $50.1M | $52.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0178 | −0.029% | $67.2M | $171.0M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0181 | 0.000% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0190 | +0.088% | $670K | $1.4M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0184 | +0.027% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0187 | +0.056% | $164K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0188 | +0.069% | $438K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0190 | +0.088% | $224K | $378K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0208 | +0.265% | $128K | $588K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0202 | +0.206% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0199 | +0.177% | $5K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0200 | +0.187% | $637K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0198 | +0.167% | $11.8M | $28.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0177 | −0.037% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0197 | +0.158% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0200% | 1h | 1.0193 | +0.118% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0179 | −0.020% | $7.5M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTXlong | +0.0280% | 1h | 1.0181 | long leg | $1.0M | $14.6M | 50x | |
| Kraken Futures PF_SUIUSD | +0.0364% | 1h | 1.0201 | +0.199% | $6.8M | $22.0M | 50x | as long as short |
| Hyperliquid SUI | +0.0423% | 1h | 1.0188 | +0.069% | $73.4M | $81.5M | 10x | as long as short |
| Phoenix SUI | +0.0431% | 1h | 1.0201 | +0.199% | $202K | $413K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]short | L +0.0602% / S −0.0263% | 1h | 1.0197 | +0.152% | $938K | — | 100x | |
| Aftermath Perps SUIUSD | +0.1354% | 1h | 1.0201 | +0.195% | $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-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
01 Exchange SUIUSD
BloFin SUI-USDT
Kraken Futures PF_SUIUSD
Hyperliquid SUI
Phoenix SUI
Aftermath Perps SUIUSD