Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%
Price spread now: Backpack against Orderly−0.250%7-day average +0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.219%+$22 · spread now −0.250%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.251% cheaper against Orderly than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SUI_USDC | 1.0414 | 0.0100 | pay 0.0100% / 8h | 6h 02m | $47K | $243K | 20x |
| Short | Backpack SUI_USDC_PERP | 1.0388 | 0.0100 | get 0.0013% / 1h | 2m 46s | $710K | $1.2M | 20x |
Orderly PERP_SUI_USDC
Backpack SUI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Orderly. 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
- $0
- Price spread: −0.250% → +0.001%
- −$25.11
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$41.11
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Backpack: live order book, 1 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 1 min ago | 0.48 bp | 5.5 bp −$5 | 9.7 bp −$97 | doesn't fit | doesn't fit |
Orderly: 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 45 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 | −0.4499% | 1h | 1.0252 | −1.556% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0373% | 1h | 1.0399 | −0.145% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0280% | 1h | 1.0404 | −0.093% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0408 | −0.057% | $95K | $169K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0413 | −0.014% | $519K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0418 | +0.038% | $202K | $577K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0409 | −0.048% | $113K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0011% | 1h | 1.0423 | +0.090% | $6.8M | $26.9M | 50x | as long as short |
| Bluefin SUI-PERP | +0.0060% | 1h | 1.0404 | −0.096% | $595K | $414K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0420 | +0.058% | $821K | $5.7M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
Bluefin SUI-PERP
Lighter SUIShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0420 | +0.058% | $278K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0407 | −0.067% | $31K | $500K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0409 | −0.052% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0409 | −0.048% | $735K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0395 | −0.182% | $912K | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0410 | −0.037% | $227K | $268K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0389 | −0.240% | $152.0M | $1.04B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0388 | −0.250% | $103.2M | $309.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0386 | −0.269% | $41.0M | $387.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0410 | −0.038% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0351 | −0.605% | $243K | $4K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0388 | −0.250% | $164.5M | $84.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0384 | −0.288% | $150.7M | $301.5M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0386 | −0.269% | $50.7M | $53.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0381 | −0.317% | $67.6M | $170.1M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0386 | −0.269% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERPshort | +0.0100% | 1h | 1.0388 | −0.250% | $710K | $1.2M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0364 | −0.483% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0360 | −0.520% | $169K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0371 | −0.414% | $446K | $7.4M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0357 | −0.547% | $236K | $472K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0418 | +0.038% | $120K | $722K | 10x | as long as short |
| Orderly PERP_SUI_USDClong | +0.0100% | 8h | 1.0414 | long leg | $47K | $243K | 20x | |
| SunX SUI-USDT | +0.0100% | 8h | 1.0420 | +0.058% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0423 | +0.086% | $6K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0410 | −0.038% | $603K | $19.8M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0397 | −0.163% | $11.6M | $25.9M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0383 | −0.299% | $1.4M | $4.1M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0409 | −0.048% | $9K | $3K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0419 | +0.052% | $40K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0152% | 1h | 1.0425 | +0.106% | $987K | $14.6M | 50x | as long as short |
| Phoenix SUI | +0.0221% | 1h | 1.0371 | −0.410% | $206K | $595K | 10x | as long as short |
| Hyperliquid SUI | +0.0295% | 1h | 1.0401 | −0.120% | $74.9M | $80.1M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0627% / S −0.0278% | 1h | 1.0400 | −0.130% | $982K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1091% | 1h | 1.0394 | −0.195% | $82K | $383K | 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-USDC
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
01 Exchange SUIUSD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD