Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Backpack against Popdex−0.059%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$290.289% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.059%, 7d avg −0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.051% cheaper against Popdex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SUIUSDT | 1.0178 | 0.0096 | pay 0.0012% / 1h | 56m 10s | $55K | $516K | 50x |
| Short | Backpack SUI_USDC_PERP | 1.0172 | 0.0100 | get 0.0013% / 1h | 56m 10s | $651K | $1.2M | 20x |
Popdex SUIUSDT
Backpack SUI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Popdex. 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
- $0.84
- Price spread: −0.059% → −0.008%
- −$5.06
- Slippage, 4 orders
- −$12.53
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$33.15
- Costs to cover
- 0.289%
- Break-even
- 283.3 days
Slippage from Popdex: 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 Popdex live order book, 56 min ago | 2.02 bp | 8.2 bp −$8 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 1 min ago | 0.49 bp | 5.6 bp −$6 | 10.4 bp −$104 | doesn't fit | doesn't fit |
SUI on 46 exchanges
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 | −0.3324% | 1h | 1.0055 | −1.208% | $41K | $113K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0480% | 1h | 1.0196 | +0.175% | $5K | $16K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0385% | 1h | 1.0171 | −0.072% | $4K | $3K | 20x | as long as short |
| Bluefin SUI-PERP | −0.0285% | 1h | 1.0159 | −0.187% | $584K | $407K | 25x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0042% | 1h | 1.0179 | +0.008% | $6.8M | $19.6M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0197 | +0.182% | $95K | $242K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0189 | +0.111% | $380K | $3.8M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0177 | −0.010% | $194K | $501K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0193 | +0.152% | $116K | — | 150x | as long as short |
| 01 Exchange SUIUSD | +0.0024% | 1h | 1.0180 | +0.020% | $8K | $3K | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Bluefin SUI-PERP
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
01 Exchange SUIUSDShow all 46 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SUI | +0.0096% | 1h | 1.0178 | +0.004% | $740K | $4.5M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0179 | +0.010% | $327K | $2.1M | 10x | as long as short |
| Popdex SUIUSDTlong | +0.0096% | 1h | 1.0178 | long leg | $55K | $516K | 50x | |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0174 | −0.039% | $55K | $700K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0183 | +0.051% | $27K | $2K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0173 | −0.044% | $661K | $2.0M | 10x | as long as short |
| Hyperliquid SUI | +0.0100% | 1h | 1.0185 | +0.069% | $73.0M | $67.5M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0180 | +0.017% | $901K | $3.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0193 | +0.149% | $217K | $207K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0175 | −0.029% | $143.7M | $872.1M | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0172 | −0.059% | $97.2M | $270.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0172 | −0.059% | $41.3M | $316.6M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0180 | +0.020% | $43K | $313K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0190 | +0.118% | $233K | $8K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0173 | −0.049% | $167.7M | $67.5M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0174 | −0.039% | $95.3M | $245.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0178 | 0.000% | $50.5M | $46.6M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0171 | −0.069% | $66.6M | $141.8M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0173 | −0.049% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERPshort | +0.0100% | 1h | 1.0172 | −0.059% | $651K | $1.2M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0187 | +0.089% | $2.4M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0192 | +0.135% | $164K | $3.9M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0213 | +0.342% | $439K | $6.7M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0205 | +0.265% | $205K | $385K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0176 | −0.020% | $123K | $478K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0185 | +0.069% | $3K | $1.3M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0174 | −0.039% | $6K | $1.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0173 | −0.049% | $753K | $16.8M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0176 | −0.020% | $11.7M | $28.3M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0170 | −0.082% | $1.5M | $3.5M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0179 | +0.010% | $39K | $11K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0193 | +0.147% | $7.5M | $22.6M | 100x | as long as short |
| Phoenix SUI | +0.0289% | 1h | 1.0219 | +0.406% | $204K | $318K | 10x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0312% | 1h | 1.0228 | +0.491% | $1.0M | $11.3M | 50x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0608% / S −0.0268% | 1h | 1.0174 | −0.043% | $948K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0870% | 1h | 1.0202 | +0.233% | $80K | $405K | 10x | as long as short |
Lighter SUI
Lighter RH SUI
Orderly PERP_SUI_USDC
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-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
Aevo SUI-PERP
BloFin SUI-USDT
Phoenix SUI
Coinbase International SUI-PERP-INTX
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD