Funding you earn now, next payment 01:00 UTC−0.0518%/8h= −56.7% APRnext payment −$0.65 per $10,000 · paid last 24h −0.133%
Price spread now: Deribit against GMX+0.046%7-day average +0.021% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.352%−$35 on $10k
+Price spread, last 3 days (all we have)+0.044%+$4 · spread now +0.046%, 7d avg +0.021%
=The price spread pays, funding is against you. Deribit is 0.026% dearer against GMX than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of +0.021%): +$3 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 4 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SUI/USD [ETH-USDC] | 1.0634 | L +0.0644% / S −0.0324% | pay 0.0080% / 1h | 25m 48s | $923K | — | 100x |
| Short | Deribit SUI_USDC-PERPETUAL | 1.0639 | 0.0126 | get 0.0016% / 1h | 25m 48s | $207K | $582K | 25x |
GMX SUI/USD [ETH-USDC]
Deribit SUI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$108.74
- Price spread: +0.046% → +0.021%
- $2.56
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$125.18
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Deribit: live order book, 48 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 Deribit live order book, 48 min ago | 4.83 bp | 8.3 bp −$8 | 15.4 bp −$154 | 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 | −0.3416% | 1h | 1.0330 | −2.859% | $42K | $123K | 12x | as long as short |
| Bluefin SUI-PERP | −0.0571% | 1h | 1.0624 | −0.095% | $610K | $408K | 25x | as long as short |
| Hibachi SUI/USDT-P | −0.0440% | 1h | 1.0549 | −0.796% | $6K | $18K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0614 | −0.189% | $4K | $3K | 20x | as long as short |
| Phemex SUIUSDT | −0.0351% | 8h | 1.0640 | +0.056% | $11.9M | $25.1M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0595 | −0.364% | $97K | $169K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0596 | −0.353% | $488K | $4.9M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0633 | −0.012% | $123K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0038% | 1h | 1.0646 | +0.112% | $7.4M | $23.9M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0072% | 1h | 1.0619 | −0.142% | $9K | $9K | 10x | as long as short |
Injective SUI/USDC PERP
Bluefin SUI-PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
Phemex SUIUSDT
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
01 Exchange SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SUI | +0.0096% | 1h | 1.0640 | +0.057% | $822K | $5.8M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0642 | +0.071% | $279K | $2.0M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0619 | −0.142% | $30K | $481K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0634 | −0.001% | $48K | $312K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0638 | +0.042% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0617 | −0.158% | $674K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0637 | +0.027% | $1.0M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0601 | −0.308% | $230K | $253K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0638 | +0.035% | $158.2M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0636 | +0.018% | $106.5M | $304.6M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0634 | −0.001% | $42.6M | $392.5M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0620 | −0.132% | $47K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0564 | −0.657% | $248K | $1K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0635 | +0.009% | $171.5M | $81.3M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0634 | −0.001% | $155.1M | $295.8M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0636 | +0.018% | $51.9M | $52.6M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0630 | −0.038% | $70.0M | $166.2M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0633 | −0.010% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0641 | +0.065% | $686K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0638 | +0.035% | $2.4M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0548 | −0.812% | $171K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0526 | −1.016% | $459K | $7.3M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0560 | −0.696% | $242K | $479K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0625 | −0.085% | $121K | $752K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0646 | +0.112% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0637 | +0.028% | $6K | $2.3M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0636 | +0.018% | $656K | $18.7M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0637 | +0.029% | $1.5M | $3.9M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0644 | +0.090% | $40K | $16K | 3x | as long as short |
| Deribit SUI_USDC-PERPETUALshort | +0.0126% | 1h | 1.0639 | +0.046% | $207K | $582K | 25x | |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0646 | +0.112% | $992K | $14.6M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0547 | −0.819% | $8.1M | $24.7M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0559 | −0.705% | $209K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0407% | 1h | 1.0650 | +0.150% | $77.4M | $79.5M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]long | L +0.0644% / S −0.0324% | 1h | 1.0634 | long leg | $923K | — | 100x | |
| Aftermath Perps SUIUSD | +0.0900% | 1h | 1.0539 | −0.890% | $76K | $380K | 10x | as long as short |
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