Funding you earn now, next payment 10:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.029%
Price spread now: Backpack against dYdX−0.373%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2332.332% of the position
Funding, last 7 days+0.198%+$20 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.373%, 7d avg +0.002%
=Funding pays, the price is against you. Backpack is 0.375% cheaper against dYdX than usual: you would sell low and buy high (spread −0.373% now, against its 7-day average of +0.002%). If the spread goes back, that is −$37 on $10k: about 23 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX SUI-USD | 1.0227 | 0 | get 0.0000% / 1h | 58m 05s | $95K | $245K | 10x |
| Short | Backpack SUI_USDC_PERP | 1.0189 | 0.0053 | get 0.0007% / 1h | 58m 05s | $668K | $1.3M | 20x |
dYdX SUI-USD
Backpack SUI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against dYdX. 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
- $11.2
- Price spread: −0.373% → +0.002%
- −$37.47
- Slippage, 4 orders
- −$213.23
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$259.51
- Costs to cover
- 2.332%
- Break-even
- 169.3 days
Slippage from dYdX: live order book, 56 min ago; Backpack: live order book, 1 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 dYdX live order book, 56 min ago | 38.01 bp | 102.9 bp −$103 | 116.5 bp −$1,165 | 120.2 bp −$12.0K | 178.6 bp −$89.3K |
| Sell Backpack live order book, 1 min ago | 0.49 bp | 6.4 bp −$6 | 12.9 bp −$129 | 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 | −0.3772% | 1h | 1.0143 | −0.823% | $42K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0383% | 1h | 1.0221 | −0.061% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0376% | 1h | 1.0256 | +0.282% | $6K | $17K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0244% | 1h | 1.0205 | −0.217% | $587K | $437K | 25x | as long as short |
| dYdX SUI-USDlong | 0.0000% | 1h | 1.0227 | long leg | $95K | $245K | 10x | |
| 01 Exchange SUIUSD | 0.0000% | 1h | 1.0231 | +0.038% | $8K | $3K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0232 | +0.046% | $376K | $3.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0216 | −0.109% | $196K | $521K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0259 | +0.312% | $116K | — | 150x | as long as short |
| Backpack SUI_USDC_PERPshort | +0.0053% | 1h | 1.0189 | −0.373% | $668K | $1.3M | 20x |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
01 Exchange SUIUSD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUIUSD | +0.0054% | 1h | 1.0211 | −0.162% | $6.8M | $21.0M | 50x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0214 | −0.125% | $756K | $4.6M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0210 | −0.172% | $321K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0227 | −0.002% | $52K | $520K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0224 | −0.027% | $27K | $6K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0223 | −0.041% | $674K | $2.0M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0202 | −0.246% | $73.7M | $74.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0192 | −0.347% | $905K | $3.9M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0229 | +0.021% | $218K | $214K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0188 | −0.385% | $144.5M | $939.9M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0183 | −0.432% | $98.0M | $291.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0200 | −0.266% | $41.1M | $345.5M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0230 | +0.028% | $43K | $318K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0247 | +0.194% | $235K | $7K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0196 | −0.305% | $168.2M | $71.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0202 | −0.246% | $94.4M | $270.4M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0205 | −0.217% | $52.4M | $48.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0188 | −0.383% | $67.2M | $156.9M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0188 | −0.383% | — | $85.8M | — | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0248 | +0.200% | $2.4M | $3.1M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0262 | +0.340% | $165K | $4.2M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0255 | +0.269% | $439K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0264 | +0.360% | $207K | $355K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0234 | +0.067% | $123K | $510K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0218 | −0.090% | $55K | $652K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0227 | −0.002% | $2K | $1.5M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0207 | −0.197% | $6K | $1.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0214 | −0.129% | $777K | $17.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0211 | −0.158% | $11.8M | $28.5M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0181 | −0.454% | $1.5M | $3.9M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0218 | −0.094% | $39K | $11K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0231 | +0.038% | $7.5M | $24.3M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0320% | 1h | 1.0218 | −0.090% | $1.0M | $12.8M | 50x | as long as short |
| Phoenix SUI | +0.0426% | 1h | 1.0265 | +0.367% | $205K | $337K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0612% / S −0.0269% | 1h | 1.0261 | +0.333% | $956K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1031% | 1h | 1.0249 | +0.216% | $81K | $413K | 10x | as long as short |
Kraken Futures PF_SUIUSD
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Nado SUI-PERP
Hyperliquid SUI
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
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD