Funding you earn now, next payment 23:00 UTC+0.0209%/8h= +22.9% APRnext payment +$0.26 per $10,000 · paid last 24h +0.033%
Price spread now: GMX against Polymarket Perps−0.112%7-day average −0.030% · 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)+0.086%+$9 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.112%, 7d avg −0.030%
=Funding pays, the price is against you. GMX is 0.082% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of −0.030%). If the spread goes back, that is −$8 on $10k: about 31 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.086% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SUI-USD | 1.0283 | 0.0100 | pay 0.0013% / 1h | 5m 55s | $107K | $793K | 10x |
| Short | GMX SUI/USD [ETH-USDC] | 1.0271 | L +0.0637% / S −0.0309% | get 0.0039% / 1h | 5m 55s | $897K | — | 100x |
Polymarket Perps SUI-USD
GMX SUI/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Polymarket Perps. 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
- $43.9
- Price spread: −0.112% → −0.030%
- −$8.16
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $15.74
- Costs to cover
- 0.200%
- Break-even
- 4.5 days
Slippage unknown: Polymarket Perps: live order book, 12 min ago; GMX: no order-book sample. 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 Polymarket Perps live order book, 12 min ago | 2.93 bp | 8.8 bp −$9 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | −0.2926% | 1h | 1.0157 | −1.225% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0368% | 1h | 1.0271 | −0.119% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0272% | 1h | 1.0250 | −0.325% | $6K | $19K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0143% | 1h | 1.0258 | −0.243% | $588K | $403K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0263 | −0.198% | $94K | $66K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0271 | −0.115% | $457K | $5.5M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0272 | −0.107% | $190K | $575K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0002% | 1h | 1.0271 | −0.117% | $119K | — | 150x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0262 | −0.200% | $785K | $5.9M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0268 | −0.146% | $259K | $2.0M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0272 | −0.107% | $37K | $500K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0099% | 8h | 1.0270 | −0.126% | $45K | $330K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0270 | −0.125% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0272 | −0.112% | $594K | $1.4M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0264 | −0.189% | $1.0M | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0265 | −0.175% | $222K | $263K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0258 | −0.245% | $150.9M | $1.02B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0259 | −0.230% | $102.8M | $306.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0252 | −0.301% | $41.1M | $382.2M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0270 | −0.126% | $45K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0242 | −0.397% | $241K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0264 | −0.185% | $164.9M | $81.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0258 | −0.243% | $148.7M | $297.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0260 | −0.224% | $51.5M | $52.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0255 | −0.272% | $67.7M | $168.3M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0263 | −0.194% | — | $81.6M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0262 | −0.204% | $650K | $1.1M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0240 | −0.417% | $2.3M | $2.8M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0239 | −0.427% | $165K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0242 | −0.399% | $444K | $7.0M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0244 | −0.379% | $232K | $441K | 50x | as long as short |
| Polymarket Perps SUI-USDlong | +0.0100% | 1h | 1.0283 | long leg | $107K | $793K | 10x | |
| SunX SUI-USDT | +0.0100% | 8h | 1.0280 | −0.029% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0263 | −0.194% | $6K | $2.4M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0272 | −0.107% | $632K | $18.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0262 | −0.204% | $11.5M | $24.7M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0253 | −0.288% | $1.4M | $3.7M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0276 | −0.068% | $9K | $9K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0280 | −0.033% | $49K | $37K | 3x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0247 | −0.350% | $7.9M | $23.7M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0252 | −0.301% | $974K | $13.9M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0296% | 1h | 1.0266 | −0.165% | $7.2M | $24.1M | 50x | as long as short |
| Phoenix SUI | +0.0346% | 1h | 1.0252 | −0.300% | $203K | $574K | 10x | as long as short |
| Hyperliquid SUI | +0.0526% | 1h | 1.0276 | −0.068% | $73.4M | $80.2M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC]short | L +0.0637% / S −0.0309% | 1h | 1.0271 | −0.112% | $897K | — | 100x | |
| Aftermath Perps SUIUSD | +0.0756% | 1h | 1.0256 | −0.266% | $93K | $381K | 10x | as long as short |
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
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Aevo SUI-PERP
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Phoenix SUI
Hyperliquid SUI
Aftermath Perps SUIUSD