Funding you earn now, next payment 01:00 UTC−0.4058%/8h= −444.3% APRnext payment −$5.07 per $10,000 · paid last 24h −0.838%
Price spread now: Injective against GMX−1.670%7-day average −0.265% · 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)−2.111%−$211 on $10k
+Price spread, last 3 days (all we have)+1.506%+$151 · spread now −1.670%, 7d avg −0.265%
=Both sides work against this trade now: funding costs −$122 a day on $10k at the current rate, and Injective is 1.404% cheaper against GMX than usual: you would sell low and buy high (−$140 if the spread goes back to its 7-day average of −0.265%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0716 | L +0.0642% / S −0.0332% | pay 0.0080% / 1h | 4m 40s | $948K | — | 100x |
| Short | Injective SUI/USDC PERP | 1.0537 | −0.3416 | pay 0.0427% / 1h | 4m 40s | $43K | $123K | 12x |
GMX SUI/USD [ETH-USDC]
Injective SUI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$852.13
- Price spread: −1.670% → −0.265%
- −$140.44
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$1,004.58
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Injective: live order book, 4 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 Injective live order book, 4 min ago | 103.28 bp | doesn't fit | doesn't fit | 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 PERPshort | −0.3416% | 1h | 1.0537 | −1.670% | $43K | $123K | 12x | |
| Hibachi SUI/USDT-P | −0.0512% | 1h | 1.0714 | −0.020% | $6K | $18K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0455% | 1h | 1.0702 | −0.130% | $614K | $414K | 25x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0700 | −0.153% | $4K | $3K | 20x | as long as short |
| Phemex SUIUSDT | −0.0131% | 8h | 1.0707 | −0.083% | $12.0M | $25.3M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0713 | −0.027% | $98K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0719 | +0.026% | $589K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0722 | +0.057% | $208K | $581K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0717 | +0.006% | $115K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0037% | 1h | 1.0715 | −0.005% | $7.3M | $24.2M | 50x | as long as short |
Hibachi SUI/USDT-P
Bluefin SUI-PERP
Reya SUIRUSDPERP
Phemex SUIUSDT
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0048% | 1h | 1.0717 | +0.010% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0714 | −0.014% | $836K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0727 | +0.101% | $290K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0729 | +0.122% | $34K | $477K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0716 | +0.001% | $50K | $308K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0782 | +0.617% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0701 | −0.135% | $700K | $1.5M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0710 | −0.055% | $1.1M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0713 | −0.026% | $234K | $259K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0731 | +0.137% | $158.1M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0706 | −0.093% | $106.6M | $307.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0697 | −0.177% | $42.7M | $399.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0720 | +0.038% | $47K | $380K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0760 | +0.415% | $253K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0691 | −0.233% | $174.3M | $84.2M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0700 | −0.149% | $155.3M | $303.4M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0700 | −0.149% | $52.0M | $53.3M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0698 | −0.167% | $69.7M | $169.3M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0680 | −0.335% | — | $6.6M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0704 | −0.111% | $671K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0709 | −0.069% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0747 | +0.288% | $176K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0784 | +0.639% | $470K | $7.4M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0796 | +0.747% | $240K | $490K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0714 | −0.018% | $123K | $747K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0726 | +0.094% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0713 | −0.027% | $6K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0716 | +0.001% | $671K | $19.2M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0700 | −0.149% | $1.5M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0723 | +0.069% | $41K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0712 | −0.037% | $1.0M | $14.9M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0708 | −0.074% | $8.2M | $25.9M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0721 | +0.050% | $212K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0437% | 1h | 1.0731 | +0.141% | $77.5M | $79.5M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0642% / S −0.0332% | 1h | 1.0716 | long leg | $948K | — | 100x | |
| Aftermath Perps SUIUSD | +0.0881% | 1h | 1.0731 | +0.137% | $79K | $379K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
Lighter RH SUI
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
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
Aftermath Perps SUIUSD