SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0218%/8h= −23.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.072%

Price spread now: Bluefin against ApeX Omni−0.167%7-day average −0.185% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$400.404% of the position

Long on ApeX Omni Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.118%+$12 on $10k

Price spread, last 3 days (all we have)+0.235%+$23 · spread now −0.167%, 7d avg −0.185%

Together, before fees+0.353%+$35 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.185%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.118%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.118% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SUIUSDT	1.0183	0.0100	pay 0.0013% / 1h	9m 02s	$231K	$444K	50x
Short	Bluefin SUI-PERP	1.0166	−0.0118	pay 0.0015% / 1h	9m 02s	$582K	$406K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BluefinbpOrdersPrice spread, now −0.167%Rate

Funding earned: −$45.76
Price spread: −0.167% → −0.185%: $1.85
Slippage, 4 orders: −$23.4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: −$84.31
Costs to cover: 0.404%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 13 min ago; Bluefin: live order book, 15 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 ApeX Omni live order book, 13 min ago	1.96 bp	10.7 bp −$11	37.1 bp −$371	doesn't fit	doesn't fit
Sell Bluefin live order book, 15 min ago	0.98 bp	11.1 bp −$11	82.5 bp −$825	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	−0.2398%	1h	1.0093	−0.884%	$41K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0496%	1h	1.0194	+0.109%	$6K	$18K	7x	as long as short
Reya SUIRUSDPERP	−0.0367%	1h	1.0179	−0.042%	$4K	$3K	20x	as long as short
Bluefin SUI-PERPshort	−0.0118%	1h	1.0166	−0.167%	$582K	$406K	25x
Kraken Futures PF_SUIUSD	−0.0022%	1h	1.0184	+0.006%	$7.0M	$24.0M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0185	+0.017%	$93K	$66K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0189	+0.058%	$457K	$5.5M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0182	−0.010%	$186K	$551K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0179	−0.040%	$118K	—	150x	as long as short
01 Exchange SUIUSD	+0.0088%	1h	1.0182	−0.010%	$9K	$9K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SUI	+0.0096%	1h	1.0180	−0.029%	$774K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0184	+0.010%	$251K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0178	−0.049%	$36K	$503K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0098%	8h	1.0178	−0.049%	$44K	$377K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0179	−0.036%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0186	+0.029%	$595K	$1.3M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0181	−0.022%	$997K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0184	+0.011%	$220K	$261K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0177	−0.056%	$150.8M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0178	−0.047%	$101.9M	$306.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0174	−0.088%	$40.8M	$381.4M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0190	+0.069%	$147K	$297K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0178	−0.044%	$239K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0179	−0.039%	$163.9M	$81.2M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0176	−0.069%	$147.5M	$299.2M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0176	−0.069%	$52.0M	$51.5M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0172	−0.108%	$66.9M	$168.9M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0177	−0.059%	—	$81.9M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0178	−0.049%	$647K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0181	−0.016%	$2.2M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0179	−0.041%	$164K	$4.4M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0193	+0.098%	$439K	$7.0M	10x	as long as short
ApeX Omni SUIUSDTlong	+0.0100%	1h	1.0183	long leg	$231K	$444K	50x
Polymarket Perps SUI-USD	+0.0100%	1h	1.0186	+0.029%	$106K	$785K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0191	+0.079%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0179	−0.039%	$7K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0181	−0.020%	$619K	$18.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0184	+0.010%	$11.4M	$24.5M	50x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0189	+0.059%	$72.5M	$81.4M	10x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0174	−0.084%	$1.4M	$3.7M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0179	−0.035%	$48K	$37K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0203	+0.196%	$977K	$13.7M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0176	−0.069%	$8.0M	$23.7M	100x	as long as short
Phoenix SUI	+0.0290%	1h	1.0205	+0.215%	$184K	$578K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0636% / S −0.0311%	1h	1.0177	−0.055%	$892K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0672%	1h	1.0185	+0.016%	$91K	$381K	10x	as long as short