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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Backpack against ApeX Omni−0.098%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 3 days (all we have)−0.177%−$18 · spread now −0.098%, 7d avg −0.078%
Together, before fees−0.184%−$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.020% cheaper against ApeX Omni than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SUIUSDT1.01540.0100pay 0.0013% / 1h51m 11s$230K$444K50x
ShortBackpack SUI_USDC_PERP1.01440.0100get 0.0013% / 1h51m 11s$637K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against ApeX Omni. 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
$0
Price spread: −0.098% → −0.078%
−$2.02
Slippage, 4 orders
−$11.73
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$33.75
Costs to cover
0.317%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 36 min ago; Backpack: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 36 min ago2.44 bp10.5 bp −$1140.1 bp −$401doesn't fitdoesn't fit
Sell Backpack live order book, 3 min ago0.99 bp6.0 bp −$68.9 bp −$89doesn't fitdoesn't fit

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−0.2398%1h1.0055−0.975%$41K$81K12xas long as short
Hibachi SUI/USDT-P−0.0504%1h1.0151−0.028%$6K$19K7xas long as short
Reya SUIRUSDPERP−0.0366%1h1.0135−0.188%$4K$3K20xas long as short
Bluefin SUI-PERP−0.0126%1h1.0127−0.266%$579K$412K25xas long as short
Kraken Futures PF_SUIUSD−0.0022%1h1.0142−0.114%$6.8M$23.9M50xas long as short
dYdX SUI-USD0.0000%1h1.0124−0.296%$92K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0135−0.191%$454K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0145−0.089%$185K$547K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0140−0.135%$117K150xas long as short
Lighter SUI+0.0096%1h1.0144−0.102%$763K$5.8M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0142−0.115%$245K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0131−0.227%$33K$503K50xas long as short
Orderly PERP_SUI_USDC+0.0097%8h1.0139−0.148%$44K$381K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0123−0.305%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0136−0.177%$592K$1.4M10xas long as short
Hyperliquid SUI+0.0100%1h1.0153−0.010%$72.4M$81.8M10xas long as short
Aster SUIUSDT+0.0100%8h1.0138−0.154%$982K$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0124−0.293%$219K$263K10xas long as short
Binance SUIUSDT+0.0100%8h1.0143−0.108%$150.1M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0144−0.098%$102.2M$308.1M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0144−0.098%$40.7M$381.6M50xas long as short
Arcus SUI-USD+0.0100%1h1.0140−0.138%$146K$299K10xas long as short
Bulk SUI-USD+0.0100%1h1.0128−0.257%$238K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0143−0.108%$163.5M$80.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0146−0.079%$147.2M$295.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0140−0.138%$53.1M$51.3M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0140−0.138%$66.7M$169.8M75xas long as short
BingX SUI-USDT+0.0100%8h1.0145−0.089%$81.8Mas long as short
Backpack SUI_USDC_PERPshort+0.0100%1h1.0144−0.098%$637K$1.2M20x
Variational Omni SUI+0.0100%8h1.0176+0.221%$2.2M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0151−0.027%$163K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0186+0.317%$441K$7.2M10xas long as short
ApeX Omni SUIUSDTlong+0.0100%1h1.0154long leg$230K$444K50x
Polymarket Perps SUI-USD+0.0100%1h1.0144−0.098%$105K$796K10xas long as short
SunX SUI-USDT+0.0100%8h1.0156+0.020%$3K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0140−0.138%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0137−0.167%$629K$19.0M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0139−0.148%$11.3M$24.3M50xas long as short
Extended SUI-USD+0.0104%1h1.0138−0.156%$1.4M$3.7M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0150−0.044%$48K$38K3xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0139−0.148%$969K$13.9M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0139−0.148%$8.0M$23.7M100xas long as short
01 Exchange SUIUSD+0.0272%1h1.0133−0.207%$9K$9K10xas long as short
Phoenix SUI+0.0290%1h1.0141−0.126%$183K$578K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0629% / S −0.0300%1h1.0139−0.147%$869K100xas long as short
Aftermath Perps SUIUSD+0.0748%1h1.0166+0.115%$92K$381K10xas long as short