Funding you earn now, next payment 06:00 UTC−0.0523%/8h= −57.2% APRnext payment −$0.65 per $10,000 · paid last 24h −0.204%
Price spread now: Bluefin against GMX−0.088%7-day average −0.131% · 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)−0.553%−$55 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.088%, 7d avg −0.131%
=The price spread pays, funding is against you. Bluefin is 0.043% dearer against GMX than usual: you sell high and buy low (spread −0.088% now, against its 7-day average of −0.131%): +$4 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0216 | L +0.0599% / S −0.0260% | pay 0.0075% / 1h | 47m 01s | $934K | — | 100x |
| Short | Bluefin SUI-PERP | 1.0207 | 0.0077 | get 0.0010% / 1h | 47m 01s | $585K | $408K | 25x |
GMX SUI/USD [ETH-USDC]
Bluefin SUI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bluefin 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
- −$109.77
- Price spread: −0.088% → −0.131%
- $4.32
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bluefin: 3.5 bp × 2 orders
- −$7
- Net
- −$124.45
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bluefin: 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 Bluefin live order book, 2 min ago | 1.47 bp | 10.6 bp −$11 | 51.2 bp −$512 | 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 | −0.3309% | 1h | 1.0051 | −1.615% | $41K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0378% | 1h | 1.0219 | +0.029% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0136% | 1h | 1.0243 | +0.267% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0226 | +0.101% | $128K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0229 | +0.124% | $482K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0218 | +0.020% | $199K | $571K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0216 | +0.003% | $115K | — | 150x | as long as short |
| Bluefin SUI-PERPshort | +0.0077% | 1h | 1.0207 | −0.088% | $585K | $408K | 25x | |
| Lighter SUI | +0.0096% | 1h | 1.0217 | +0.008% | $774K | $5.4M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0225 | +0.084% | $303K | $2.2M | 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
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0096% | 1h | 1.0222 | +0.059% | $9K | $3K | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0226 | +0.098% | $46K | $519K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0219 | +0.030% | $47K | $190K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0227 | +0.108% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0222 | +0.059% | $578K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0219 | +0.027% | $878K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0233 | +0.165% | $221K | $254K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0216 | +0.002% | $145.7M | $1.04B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0214 | −0.023% | $100.7M | $309.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0214 | −0.019% | $40.3M | $385.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0230 | +0.137% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0226 | +0.097% | $240K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0215 | −0.010% | $167.6M | $82.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0215 | −0.010% | $151.6M | $290.7M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0215 | −0.010% | $50.2M | $53.9M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0208 | −0.078% | $66.5M | $175.7M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0216 | 0.000% | — | $82.4M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0214 | −0.019% | $633K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0233 | +0.164% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0226 | +0.099% | $164K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0241 | +0.243% | $442K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0230 | +0.137% | $223K | $434K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0227 | +0.108% | $137K | $732K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0237 | +0.206% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0221 | +0.049% | $14K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0213 | −0.029% | $596K | $19.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0220 | +0.039% | $11.7M | $27.4M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0215 | −0.012% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0224 | +0.075% | $39K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0172% | 1h | 1.0222 | +0.060% | $6.7M | $24.7M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0212 | −0.039% | $7.6M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0237 | +0.206% | $974K | $15.0M | 50x | as long as short |
| Hyperliquid SUI | +0.0339% | 1h | 1.0224 | +0.079% | $73.3M | $80.6M | 10x | as long as short |
| Phoenix SUI | +0.0416% | 1h | 1.0246 | +0.297% | $203K | $422K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0599% / S −0.0260% | 1h | 1.0216 | long leg | $934K | — | 100x | |
| Aftermath Perps SUIUSD | +0.1383% | 1h | 1.0235 | +0.185% | $82K | $408K | 10x | as long as short |
01 Exchange SUIUSD
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-USDT
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
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Kraken Futures PF_SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
Aftermath Perps SUIUSD