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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Phemex against ApeX Omni−0.107%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$500.501% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$11 on $10k
Price spread, last 3 days (all we have)+0.275%+$28 · spread now −0.107%, 7d avg −0.053%
Together, before fees+0.170%+$17 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: Phemex is 0.054% cheaper against ApeX Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SUIUSDT1.02770.0100pay 0.0013% / 1h29m 23s$233K$441K50x
ShortPhemex SUIUSDT1.02660.0100get 0.0100% / 8h1h 29m$11.5M$24.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: −0.107% → −0.053%
−$5.38
Slippage, 4 orders
−$28.07
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$55.45
Costs to cover
0.501%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 53 min ago; Phemex: live order book, 5 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, 53 min ago1.96 bp10.7 bp −$1137.1 bp −$371doesn't fitdoesn't fit
Sell Phemex live order book, 5 min ago3.89 bp12.3 bp −$1225.8 bp −$258doesn'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−0.2926%1h1.0179−0.954%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0368%1h1.0262−0.143%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0160%1h1.0240−0.358%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0135%1h1.0253−0.234%$587K$406K25xas long as short
dYdX SUI-USD0.0000%1h1.0259−0.178%$94K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0241−0.353%$457K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0268−0.088%$190K$562K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0265−0.116%$119K150xas long as short
Lighter SUI+0.0096%1h1.0269−0.078%$788K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0273−0.040%$259K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0261−0.156%$37K$503K50xas long as short
Orderly PERP_SUI_USDC+0.0098%8h1.0264−0.126%$45K$371K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0254−0.223%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0256−0.199%$592K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0262−0.146%$1.0M$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0258−0.182%$223K$263K10xas long as short
Binance SUIUSDT+0.0100%8h1.0266−0.112%$151.3M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0267−0.099%$102.7M$307.3M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0265−0.117%$40.9M$384.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0260−0.165%$45K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0242−0.341%$241K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0262−0.146%$165.1M$80.8M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0265−0.117%$148.9M$296.3M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0260−0.165%$51.6M$52.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0262−0.146%$67.4M$168.6M75xas long as short
BingX SUI-USDT+0.0100%8h1.0265−0.117%$81.8Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0243−0.331%$649K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0260−0.163%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0268−0.089%$165K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0242−0.342%$443K$7.0M10xas long as short
ApeX Omni SUIUSDTlong+0.0100%1h1.0277long leg$233K$441K50x
Polymarket Perps SUI-USD+0.0100%1h1.0268−0.088%$107K$792K10xas long as short
SunX SUI-USDT+0.0100%8h1.0278+0.010%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0266−0.107%$7K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0266−0.107%$628K$18.7M75xas long as short
Phemex SUIUSDTshort+0.0100%8h1.0266−0.107%$11.5M$24.7M50x
Extended SUI-USD+0.0104%1h1.0263−0.140%$1.4M$3.8M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0266−0.107%$9K$9K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0266−0.110%$49K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0270−0.068%$8.0M$23.8M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0259−0.175%$979K$13.9M50xas long as short
Kraken Futures PF_SUIUSD+0.0296%1h1.0273−0.044%$7.2M$24.2M50xas long as short
Phoenix SUI+0.0346%1h1.0281+0.040%$203K$574K10xas long as short
Hyperliquid SUI+0.0496%1h1.0276−0.010%$73.2M$81.0M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0637% / S −0.0309%1h1.0264−0.127%$896K100xas long as short
Aftermath Perps SUIUSD+0.0717%1h1.0273−0.044%$94K$382K10xas long as short