Settings8H · net · $10k
Funding arb · Price arb /

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0082%/8h= −9.0% APRnext payment $0.10 per $10,000 · paid last 24h 0.000%
Price spread now: Backpack against Aevo−0.268%46s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Backpack is 0.268% cheaper against Aevo than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo SUI-PERP1.04650.0104pay 0.0013% / 1h54m 23s$40K$16K3x
ShortBackpack SUI_USDC_PERP1.04370.0022get 0.0003% / 1h54m 23s$677K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Aevo. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$17.26
Price spread: −0.268% → 0.000%
−$26.77
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$70.03
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Backpack: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Backpack live order book, 5 min ago0.48 bp5.5 bp −$57.8 bp −$78doesn't fitdoesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SUI/USDC PERP−0.4499%1h1.0515+0.478%$43K$123K12xas long as short
ApeX Omni SUIUSDT−0.1997%1h1.0506+0.392%$234K$491K50xas long as short
Hibachi SUI/USDT-P−0.0512%1h1.0422−0.415%$6K$19K7xas long as short
Reya SUIRUSDPERP−0.0372%1h1.0431−0.330%$4K$3K20xas long as short
Bluefin SUI-PERP−0.0262%1h1.0435−0.287%$597K$418K25xas long as short
dYdX SUI-USD0.0000%1h1.0432−0.312%$95K$171K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0445−0.187%$594K$4.9M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0443−0.212%$114K150xas long as short
Kraken Futures PF_SUIUSD+0.0011%1h1.0467+0.019%$7.0M$24.9M50xas long as short
Backpack SUI_USDC_PERPshort+0.0022%1h1.0437−0.268%$677K$1.1M20x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SUI_USDC-PERPETUAL+0.0037%1h1.0468+0.029%$203K$580K25xas long as short
01 Exchange SUIUSD+0.0048%1h1.0420−0.430%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0443−0.213%$814K$5.5M10xas long as short
Lighter RH SUI+0.0096%1h1.0435−0.284%$279K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0412−0.507%$35K$482K50xas long as short
Orderly PERP_SUI_USDC+0.0099%8h1.0451−0.134%$48K$307K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0488+0.222%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0444−0.203%$827K$1.6M10xas long as short
Hyperliquid SUI+0.0100%1h1.0439−0.249%$74.9M$80.5M10xas long as short
Aster SUIUSDT+0.0100%8h1.0435−0.287%$960K$5.0M75xas long as short
Pacifica SUI+0.0100%1h1.0439−0.248%$227K$261K10xas long as short
Binance SUIUSDT+0.0100%8h1.0442−0.220%$152.0M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0445−0.192%$103.4M$310.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0442−0.220%$41.1M$393.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0420−0.430%$44K$370K10xas long as short
Gate SUI_USDT+0.0100%8h1.0442−0.220%$167.7M$82.3M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0434−0.296%$153.2M$292.2M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0417−0.459%$51.1M$53.6M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0462−0.029%$68.0M$172.1M75xas long as short
BingX SUI-USDC+0.0100%8h1.0444−0.201%$6.6Mas long as short
Variational Omni SUI+0.0100%8h1.0431−0.326%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0490+0.235%$171K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0461−0.034%$456K$7.5M10xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0447−0.172%$120K$735K10xas long as short
SunX SUI-USDT+0.0100%8h1.0473+0.076%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0464−0.010%$6K$2.2M10xas long as short
HTX SUI-USDT+0.0100%8h1.0429−0.344%$661K$19.6M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0440−0.239%$11.6M$25.3M50xas long as short
Bulk SUI-USD+0.0100%1h1.0504+0.374%$247K$3K10xas long as short
Extended SUI-USD+0.0104%1h1.0455−0.100%$1.5M$4.1M50xas long as short
Aevo SUI-PERPlong+0.0104%1h1.0465long leg$40K$16K3x
Coinbase International SUI-PERP-INTX+0.0152%1h1.0457−0.077%$990K$14.7M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0438−0.258%$8.1M$25.5M100xas long as short
Phoenix SUI+0.0299%1h1.0505+0.384%$208K$595K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0618% / S −0.0265%1h1.0440−0.241%$955K100xas long as short
Aftermath Perps SUIUSD+0.0953%1h1.0517+0.500%$79K$382K10xas long as short