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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%
Price spread now: Binance against Backpack+0.289%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs+$4as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.045%−$5 on $10k
Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.289%, 7d avg +0.004%
Together, before fees−0.199%−$20 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: Binance is 0.285% dearer against Backpack than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SUI_USDC_PERP1.03480.0100pay 0.0013% / 1h10m 40s$663K$1.1M20x
ShortBinance SUIUSDT1.03780.0100get 0.0100% / 8h10m 40s$153.4M$1.03B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Backpack. 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: +0.289% → +0.004%
$28.49
Slippage, 4 orders
−$4.85
Fee Backpack: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$3.64
Costs to cover
0.249%
Break-even
from the start
Slippage from Backpack: live order book, 3 min ago; Binance: 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 Backpack live order book, 3 min ago0.96 bp6.0 bp −$68.7 bp −$87doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago0.48 bp6.8 bp −$711.2 bp −$11224.4 bp −$2,44281.2 bp −$40.6K

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−0.3474%1h1.0288−0.580%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0370%1h1.0343−0.052%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0352%1h1.0361+0.124%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0067%1h1.0336−0.116%$592K$406K25xas long as short
dYdX SUI-USD0.0000%1h1.0379+0.300%$95K$175K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0354+0.058%$463K$5.3M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0344−0.037%$119K150xas long as short
Deribit SUI_USDC-PERPETUAL+0.0040%1h1.0352+0.039%$201K$587K25xas long as short
01 Exchange SUIUSD+0.0088%1h1.0381+0.319%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0378+0.292%$796K$5.9M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0382+0.325%$262K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0377+0.280%$41K$494K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0346−0.019%$46K$327K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0373+0.243%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0335−0.121%$656K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0369+0.206%$1.0M$4.7M75xas long as short
Pacifica SUI+0.0100%1h1.0377+0.279%$225K$260K10xas long as short
Binance SUIUSDTshort+0.0100%8h1.0378+0.289%$153.4M$1.03B75x
Bybit SUIUSDT+0.0100%8h1.0379+0.300%$104.3M$307.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0373+0.242%$41.6M$388.3M50xas long as short
Arcus SUI-USD+0.0100%1h1.0380+0.309%$46K$387K10xas long as short
Gate SUI_USDT+0.0100%8h1.0376+0.271%$167.3M$81.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0377+0.280%$150.6M$292.4M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0366+0.174%$51.4M$52.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0374+0.251%$68.5M$168.1M75xas long as short
BingX SUI-USDT+0.0100%8h1.0380+0.309%$81.8Mas long as short
Backpack SUI_USDC_PERPlong+0.0100%1h1.0348long leg$663K$1.1M20x
Variational Omni SUI+0.0100%8h1.0342−0.058%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0357+0.087%$168K$4.4M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0360+0.116%$453K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0359+0.106%$236K$444K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0350+0.019%$108K$773K10xas long as short
SunX SUI-USDT+0.0100%8h1.0371+0.222%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0351+0.029%$7K$2.3M10xas long as short
HTX SUI-USDT+0.0100%8h1.0342−0.058%$646K$18.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.03480.000%$11.6M$25.0M50xas long as short
Bulk SUI-USD+0.0100%1h1.0359+0.106%$244K$2K10xas long as short
Extended SUI-USD+0.0104%1h1.0374+0.251%$1.4M$3.8M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0354+0.063%$49K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0351+0.029%$8.0M$24.2M100xas long as short
Coinbase International SUI-PERP-INTX+0.0224%1h1.0341−0.068%$976K$13.9M50xas long as short
Kraken Futures PF_SUIUSD+0.0273%1h1.0354+0.062%$7.2M$24.2M50xas long as short
Phoenix SUI+0.0327%1h1.0389+0.399%$206K$593K10xas long as short
Hyperliquid SUI+0.0634%1h1.0384+0.348%$75.3M$81.1M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0640% / S −0.0307%1h1.0343−0.052%$900K100xas long as short
Aftermath Perps SUIUSD+0.0829%1h1.0363+0.148%$94K$382K10xas long as short