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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: OKX against Backpack−0.115%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$290.285% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.044%−$4 on $10k
Price spread, last 7 days+0.157%+$16 · spread now −0.115%, 7d avg +0.021%
Together, before fees+0.114%+$11 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: OKX is 0.136% cheaper against Backpack than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SUI_USDC_PERP1.04530.0100pay 0.0013% / 1h42m 45s$705K$1.3M20x
ShortOKX SUI-USDT-SWAP1.04410.0100get 0.0100% / 8h5h 42m$41.3M$386.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.115% → +0.021%
−$13.57
Slippage, 4 orders
−$8.55
Fee Backpack: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$42.11
Costs to cover
0.285%
Break-even
never at this rate
Slippage from Backpack: live order book, 1 min ago; OKX: live order book, 1 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 ago0.48 bp6.1 bp −$630.3 bp −$303doesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.48 bp7.3 bp −$716.9 bp −$16944.7 bp −$4,470doesn'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−0.3542%1h1.0291−1.550%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0373%1h1.0445−0.073%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0232%1h1.0408−0.433%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0030%1h1.0441−0.115%$598K$410K25xas long as short
dYdX SUI-USD0.0000%1h1.0432−0.201%$95K$168K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0427−0.246%$515K$4.8M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0458+0.048%$203K$576K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0451−0.019%$114K150xas long as short
Lighter SUI+0.0096%1h1.0456+0.026%$827K$5.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0457+0.038%$280K$2.1M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0437−0.153%$33K$501K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0437−0.154%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0439−0.134%$716K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0451−0.016%$921K$4.7M75xas long as short
Pacifica SUI+0.0100%1h1.0433−0.191%$228K$265K10xas long as short
Binance SUIUSDT+0.0100%8h1.0442−0.105%$153.3M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0443−0.095%$103.7M$308.7M50xas long as short
OKX SUI-USDT-SWAPshort+0.0100%8h1.0441−0.115%$41.3M$386.9M50x
Arcus SUI-USD+0.0100%1h1.0430−0.220%$45K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0403−0.476%$245K$4K10xas long as short
Gate SUI_USDT+0.0100%8h1.0450−0.029%$165.8M$82.6M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0448−0.048%$151.7M$291.7M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0450−0.029%$51.3M$53.8M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0435−0.172%$68.1M$168.6M75xas long as short
BingX SUI-USDC+0.0100%8h1.0443−0.096%$6.5Mas long as short
Backpack SUI_USDC_PERPlong+0.0100%1h1.0453long leg$705K$1.3M20x
Variational Omni SUI+0.0100%8h1.0407−0.443%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0395−0.559%$169K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0380−0.700%$455K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0406−0.450%$236K$470K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0452−0.010%$123K$723K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0454+0.010%$48K$239K20xas long as short
SunX SUI-USDT+0.0100%8h1.0450−0.029%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0456+0.029%$6K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0440−0.124%$598K$19.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0446−0.067%$11.7M$26.1M50xas long as short
Extended SUI-USD+0.0104%1h1.0445−0.074%$1.5M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0472+0.185%$40K$11K3xas long as short
01 Exchange SUIUSD+0.0136%1h1.0438−0.143%$9K$3K10xas long as short
Coinbase International SUI-PERP-INTX+0.0176%1h1.0442−0.105%$998K$14.8M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0454+0.010%$8.0M$25.1M100xas long as short
Kraken Futures PF_SUIUSD+0.0287%1h1.0456+0.032%$6.8M$27.0M50xas long as short
Phoenix SUI+0.0362%1h1.0390−0.606%$211K$561K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0620% / S −0.0272%1h1.0452−0.007%$972K100xas long as short
Hyperliquid SUI+0.0673%1h1.0456+0.029%$75.9M$80.3M10xas long as short
Aftermath Perps SUIUSD+0.1241%1h1.0423−0.288%$83K$383K10xas long as short