SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0244%/8h= −26.7% APRnext payment −$0.31 per $10,000 · paid last 24h −0.184%

Price spread now: Hibachi against Backpack+0.150%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on Hibachi

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHibachi: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hibachi is 0.150% dearer against Backpack than usual: you sell high and buy low (spread +0.150% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack SUI_USDC_PERP	1.0215	0.0100	pay 0.0013% / 1h	9m 42s	$634K	$1.3M	20x
Short	Hibachi SUI/USDT-P	1.0230	−0.0144	pay 0.0018% / 1h	9m 42s	$6K	$19K	7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hibachi 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

Position, each leg$Hold fordaysFee BackpackbpFee HibachibpOrdersPrice spread, now +0.150%Rate

Funding earned: −$51.24
Price spread: +0.150% → 0.000%: $14.98
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Hibachi: 4.5 bp × 2 orders: −$9
Net: −$55.26
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 4 min ago; Hibachi: no order-book sample. Net counts fees only.

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 Backpack live order book, 4 min ago	0.49 bp	6.3 bp −$6	18.1 bp −$181	doesn't fit	doesn't fit
Sell Hibachi no order-book sample	—	—	—	—	—

Hibachi: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SUI/USDC PERP	−0.3470%	1h	1.0147	−0.666%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0377%	1h	1.0219	+0.041%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-Pshort	−0.0144%	1h	1.0230	+0.150%	$6K	$19K	7x
Kraken Futures PF_SUIUSD	−0.0067%	1h	1.0226	+0.112%	$6.7M	$24.8M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0213	−0.018%	$128K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0225	+0.101%	$480K	$5.0M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0223	+0.078%	$199K	$572K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0219	+0.043%	$115K	—	150x	as long as short
Bluefin SUI-PERP	+0.0040%	1h	1.0209	−0.059%	$586K	$405K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0221	+0.061%	$772K	$5.5M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0219	+0.040%	$304K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0227	+0.117%	$46K	$517K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0228	+0.127%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0214	−0.010%	$579K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0221	+0.061%	$882K	$4.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0231	+0.153%	$221K	$256K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0219	+0.037%	$145.4M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0211	−0.039%	$100.6M	$308.6M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0211	−0.039%	$40.0M	$384.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0230	+0.147%	$43K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0243	+0.274%	$241K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0216	+0.010%	$167.4M	$83.3M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0217	+0.020%	$152.9M	$296.1M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0218	+0.029%	$50.4M	$54.0M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0212	−0.029%	$66.8M	$173.8M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0217	+0.020%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERPlong	+0.0100%	1h	1.0215	long leg	$634K	$1.3M	20x
Variational Omni SUI	+0.0100%	8h	1.0223	+0.074%	$2.4M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0247	+0.312%	$166K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0241	+0.254%	$438K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0248	+0.323%	$224K	$434K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0225	+0.098%	$123K	$723K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0219	+0.039%	$47K	$181K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0248	+0.323%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0225	+0.098%	$14K	$2.0M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0223	+0.078%	$591K	$19.4M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0223	+0.078%	$11.8M	$27.3M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0214	−0.007%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0224	+0.090%	$39K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0144%	1h	1.0229	+0.137%	$9K	$3K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0231	+0.157%	$7.6M	$24.6M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0248%	1h	1.0222	+0.069%	$989K	$15.0M	50x	as long as short
Hyperliquid SUI	+0.0347%	1h	1.0226	+0.111%	$73.5M	$80.7M	10x	as long as short
Phoenix SUI	+0.0408%	1h	1.0251	+0.349%	$215K	$415K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0599% / S −0.0260%	1h	1.0219	+0.040%	$934K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1469%	1h	1.0245	+0.289%	$82K	$405K	10x	as long as short