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 +0.001%
Price spread now: KuCoin against Backpack−0.029%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$360.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.029%, 7d avg +0.020%
Together, before fees+0.031%+$3 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: KuCoin is 0.049% cheaper against Backpack than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SUI_USDC_PERP1.03390.0100pay 0.0013% / 1h52m 36s$657K$1.1M20x
ShortKuCoin SUIUSDTM1.03360.0100get 0.0100% / 8h52m 36s$51.8M$52.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.029% → +0.020%
−$4.86
Slippage, 4 orders
−$13.54
Fee Backpack: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$40.39
Costs to cover
0.355%
Break-even
never at this rate
Slippage from Backpack: live order book, 1 min ago; KuCoin: live order book, 6 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, 1 min ago0.49 bp5.5 bp −$58.1 bp −$81doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago1.46 bp10.7 bp −$1133.3 bp −$333doesn'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−0.3474%1h1.0167−1.664%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0369%1h1.0331−0.080%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0320%1h1.0310−0.284%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0331−0.076%$94K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0354+0.143%$462K$5.4M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0330−0.086%$120K150xas long as short
Deribit SUI_USDC-PERPETUAL+0.0040%1h1.0338−0.010%$201K$581K25xas long as short
Bluefin SUI-PERP+0.0050%1h1.0325−0.135%$592K$404K25xas long as short
Lighter SUI+0.0096%1h1.0333−0.062%$794K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0342+0.025%$261K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0096%1h1.0334−0.048%$9K$9K10xas long as short
Popdex SUIUSDT+0.0096%1h1.0331−0.077%$38K$498K50xas long as short
Orderly PERP_SUI_USDC+0.0099%8h1.0329−0.097%$46K$330K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0333−0.060%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0337−0.015%$596K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0333−0.061%$1.0M$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0336−0.029%$224K$262K10xas long as short
Binance SUIUSDT+0.0100%8h1.0331−0.074%$152.0M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0333−0.054%$103.8M$306.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0330−0.087%$41.4M$385.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0330−0.087%$46K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0269−0.677%$242K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0332−0.068%$165.4M$80.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0330−0.087%$149.1M$288.8M300xas long as short
KuCoin SUIUSDTMshort+0.0100%8h1.0336−0.029%$51.8M$52.1M75x
Bitget SUIUSDT+0.0100%8h1.0326−0.126%$67.8M$168.7M75xas long as short
BingX SUI-USDC+0.0100%8h1.0334−0.048%$6.5Mas long as short
Backpack SUI_USDC_PERPlong+0.0100%1h1.0339long leg$657K$1.1M20x
Variational Omni SUI+0.0100%8h1.0295−0.425%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0319−0.197%$169K$4.4M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0324−0.142%$445K$6.9M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0299−0.387%$234K$441K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.03390.000%$108K$782K10xas long as short
SunX SUI-USDT+0.0100%8h1.0343+0.039%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0338−0.010%$7K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0328−0.106%$641K$18.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0337−0.019%$11.6M$24.8M50xas long as short
Extended SUI-USD+0.0104%1h1.0330−0.087%$1.4M$3.8M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0343+0.035%$49K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0327−0.116%$7.9M$24.0M100xas long as short
Coinbase International SUI-PERP-INTX+0.0224%1h1.0351+0.116%$986K$14.0M50xas long as short
Kraken Futures PF_SUIUSD+0.0273%1h1.0344+0.050%$7.2M$24.0M50xas long as short
Phoenix SUI+0.0327%1h1.0335−0.041%$204K$593K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0638% / S −0.0309%1h1.0330−0.085%$902K100xas long as short
Hyperliquid SUI+0.0658%1h1.0355+0.155%$74.2M$80.2M10xas long as short
Aftermath Perps SUIUSD+0.0796%1h1.0303−0.348%$94K$381K10xas long as short