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

SUI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Backpack against BingX+0.086%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$360.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 days−0.132%−$13 · spread now +0.086%, 7d avg −0.030%
Together, before fees−0.112%−$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: Backpack is 0.117% dearer against BingX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SUI-USDC1.04590.0100pay 0.0100% / 8h4h 54m$6.5M
ShortBackpack SUI_USDC_PERP1.04680.0100get 0.0013% / 1h54m 20s$697K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against BingX. 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: +0.086% → −0.030%
$11.65
Slippage, 4 orders
−$16.39
Fee BingX: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$24.73
Costs to cover
0.364%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; Backpack: 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 BingX live order book, 12 min ago0.96 bp11.3 bp −$1117.1 bp −$17163.7 bp −$6,36693.6 bp −$46.8K
Sell Backpack live order book, 5 min ago0.48 bp6.0 bp −$612.4 bp −$124doesn'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−0.3244%1h1.0340−1.138%$43K$123K12xas long as short
Reya SUIRUSDPERP−0.0375%1h1.0463+0.038%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0288%1h1.0466+0.071%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0467+0.078%$131K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0469+0.091%$526K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0467+0.076%$203K$574K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0460+0.013%$114K150xas long as short
Lighter SUI+0.0096%1h1.0479+0.190%$834K$5.5M10xas long as short
Lighter RH SUI+0.0096%1h1.0479+0.188%$290K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0468+0.086%$39K$515K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0468+0.082%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0475+0.158%$721K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0473+0.132%$914K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0474+0.143%$227K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0462+0.029%$152.4M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0455−0.033%$103.7M$309.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0453−0.057%$41.5M$390.0M50xas long as short
Arcus SUI-USD+0.0100%1h1.0470+0.105%$45K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0476+0.163%$246K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0456−0.029%$168.1M$82.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0455−0.038%$152.6M$292.2M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0455−0.038%$50.3M$54.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0464+0.048%$68.4M$171.1M75xas long as short
BingX SUI-USDClong+0.0100%8h1.0459long leg$6.5M
Backpack SUI_USDC_PERPshort+0.0100%1h1.0468+0.086%$697K$1.3M20x
Variational Omni SUI+0.0100%8h1.0476+0.160%$2.4M$3.3Mas long as short
edgeX SUIUSDC+0.0100%4h1.0412−0.446%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0462+0.029%$452K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0410−0.468%$233K$485K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0476+0.163%$113K$742K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0454−0.048%$48K$201K20xas long as short
SunX SUI-USDT+0.0100%8h1.0472+0.124%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0463+0.038%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0451−0.076%$577K$19.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0465+0.057%$12.0M$26.6M50xas long as short
Extended SUI-USD+0.0104%1h1.0468+0.086%$1.5M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0472+0.120%$40K$11K3xas long as short
01 Exchange SUIUSD+0.0128%1h1.0474+0.143%$9K$3K10xas long as short
Kraken Futures PF_SUIUSD+0.0161%1h1.0467+0.081%$6.9M$27.0M50xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0477+0.172%$1.0M$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0472+0.124%$8.1M$25.2M100xas long as short
Phoenix SUI+0.0362%1h1.0488+0.281%$213K$421K10xas long as short
Hyperliquid SUI+0.0450%1h1.0481+0.210%$76.2M$81.5M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0617% / S −0.0267%1h1.0458−0.013%$967K100xas long as short
Aftermath Perps SUIUSD+0.1508%1h1.0471+0.119%$84K$393K10xas long as short
Bluefin SUI-PERP+0.2218%1h1.0445−0.134%$598K$405K25xas long as short