Funding you earn now, next payment 05:00 UTC−0.0500%/8h= −54.7% APRnext payment −$0.62 per $10,000 · paid last 24h −0.134%
Price spread now: Backpack against GMX−0.027%7-day average −0.016% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.385%−$39 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.027%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0261 | L +0.0600% / S −0.0260% | pay 0.0075% / 1h | 27m 18s | $937K | — | 100x |
| Short | Backpack SUI_USDC_PERP | 1.0258 | 0.0100 | get 0.0013% / 1h | 27m 18s | $648K | $1.3M | 20x |
GMX SUI/USD [ETH-USDC]
Backpack SUI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against GMX. 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
- −$104.9
- Price spread: −0.027% → −0.016%
- −$1.09
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$127.99
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Backpack: live order book, 2 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 GMX no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 2 min ago | 0.49 bp | 5.8 bp −$6 | 21.0 bp −$210 | doesn't fit | doesn't fit |
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 | −0.3470% | 1h | 1.0224 | −0.358% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0377% | 1h | 1.0260 | −0.010% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0200% | 1h | 1.0296 | +0.340% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0067% | 1h | 1.0265 | +0.043% | $6.7M | $26.7M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0261 | +0.002% | $129K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0256 | −0.049% | $492K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0261 | +0.002% | $199K | $572K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0261 | +0.002% | $115K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0046% | 1h | 1.0248 | −0.124% | $588K | $407K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0266 | +0.050% | $785K | $5.4M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0266 | +0.055% | $306K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0262 | +0.012% | $44K | $516K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0263 | +0.026% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0259 | −0.012% | $580K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0262 | +0.013% | $886K | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0265 | +0.040% | $222K | $254K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0263 | +0.021% | $148.2M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0266 | +0.046% | $101.0M | $308.1M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0261 | +0.002% | $40.2M | $384.4M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0260 | −0.007% | $44K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0310 | +0.480% | $242K | $5K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0261 | +0.002% | $166.7M | $81.8M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0266 | +0.051% | $152.9M | $294.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0267 | +0.061% | $50.2M | $54.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0258 | −0.027% | $67.2M | $173.1M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0263 | +0.022% | — | $82.1M | — | as long as short |
| Backpack SUI_USDC_PERPshort | +0.0100% | 1h | 1.0258 | −0.027% | $648K | $1.3M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0342 | +0.789% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0302 | +0.403% | $167K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0290 | +0.285% | $444K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0336 | +0.733% | $226K | $431K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0272 | +0.110% | $123K | $735K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0261 | +0.002% | $47K | $165K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0307 | +0.451% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0263 | +0.022% | $14K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0260 | −0.007% | $585K | $19.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0265 | +0.041% | $11.8M | $27.0M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0258 | −0.027% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0260 | −0.011% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0152% | 1h | 1.0264 | +0.032% | $9K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0267 | +0.061% | $7.8M | $24.6M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0271 | +0.100% | $976K | $15.0M | 50x | as long as short |
| Hyperliquid SUI | +0.0393% | 1h | 1.0273 | +0.119% | $74.2M | $81.0M | 10x | as long as short |
| Phoenix SUI | +0.0408% | 1h | 1.0313 | +0.510% | $209K | $415K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0600% / S −0.0260% | 1h | 1.0261 | long leg | $937K | — | 100x | |
| Aftermath Perps SUIUSD | +0.1505% | 1h | 1.0304 | +0.421% | $82K | $402K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
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
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
Aftermath Perps SUIUSD