Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Backpack against Popdex−0.049%7-day average −0.009% · 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−$36as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 4 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.049%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.040% cheaper against Popdex than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SUIUSDT | 1.0182 | 0.0096 | pay 0.0012% / 1h | 35m 26s | $48K | $519K | 50x |
| Short | Backpack SUI_USDC_PERP | 1.0177 | 0.0100 | get 0.0013% / 1h | 35m 26s | $628K | $1.3M | 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: −0.049% → −0.009%
- −$3.97
- Slippage, 4 orders
- −$15.47
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$35.01
- Costs to cover
- 0.319%
- Break-even
- 298.7 days
Slippage from Popdex: live order book, 14 min ago; Backpack: live order book, 4 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, 14 min ago | 2.05 bp | 8.1 bp −$8 | 24.3 bp −$243 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 4 min ago | 0.49 bp | 7.1 bp −$7 | 21.9 bp −$219 | doesn't fit | doesn't fit |
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 | 1.0121 | −0.599% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0378% | 1h | 1.0179 | −0.029% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0160% | 1h | 1.0186 | +0.040% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0179 | −0.026% | $128K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0187 | +0.045% | $482K | $5.0M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0171 | −0.108% | $198K | $562K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0172 | −0.098% | $114K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0061% | 1h | 1.0157 | −0.246% | $583K | $406K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0185 | +0.027% | $777K | $5.4M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0188 | +0.058% | $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
Bluefin SUI-PERP
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDTlong | +0.0096% | 1h | 1.0182 | long leg | $48K | $519K | 50x | |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0170 | −0.118% | $47K | $201K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0188 | +0.054% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0179 | −0.025% | $567K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0182 | −0.004% | $887K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0188 | +0.061% | $220K | $254K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0179 | −0.029% | $145.3M | $1.04B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0181 | −0.011% | $100.4M | $309.7M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0182 | 0.000% | $40.4M | $384.3M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0190 | +0.079% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0196 | +0.139% | $240K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0185 | +0.029% | $169.6M | $83.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0178 | −0.039% | $150.2M | $291.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0181 | −0.010% | $50.0M | $53.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0176 | −0.059% | $66.3M | $175.2M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0175 | −0.069% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERPshort | +0.0100% | 1h | 1.0177 | −0.049% | $628K | $1.3M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0171 | −0.109% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0184 | +0.022% | $164K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0189 | +0.065% | $441K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0185 | +0.029% | $222K | $435K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0190 | +0.079% | $136K | $726K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0200 | +0.177% | $3K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0170 | −0.118% | $14K | $1.9M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0174 | −0.079% | $599K | $19.3M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0177 | −0.049% | $11.7M | $27.5M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0179 | −0.026% | $1.4M | $4.1M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0182 | 0.000% | $9K | $3K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0168 | −0.142% | $39K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0172% | 1h | 1.0173 | −0.091% | $6.7M | $24.6M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0187 | +0.049% | $7.6M | $24.4M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0192 | +0.098% | $973K | $14.9M | 50x | as long as short |
| Hyperliquid SUI | +0.0336% | 1h | 1.0190 | +0.079% | $73.1M | $80.2M | 10x | as long as short |
| Phoenix SUI | +0.0416% | 1h | 1.0190 | +0.075% | $202K | $422K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0602% / S −0.0263% | 1h | 1.0172 | −0.100% | $935K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1375% | 1h | 1.0197 | +0.143% | $82K | $408K | 10x | as long as short |
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
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
Kraken Futures PF_SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD