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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0455%/8h= +49.8% APRpaid last 24h +0.089%
Price spread now: Hyperliquid against BloFin+0.164%7-day average +0.073% · 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−$18as in the Price arb table
costs, in and out, $10k−$280.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.018%−$2 on $10k
Price spread, last 3 days (all we have)−0.091%−$9 · spread now +0.164%, 7d avg +0.073%
Together, before fees−0.109%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Hyperliquid is 0.092% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.073%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.018% in total (about -1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SUI-USDT1.03390.0220pay 0.0220% / 8h31m 12s$8.0M$24.2M100x
ShortHyperliquid SUI1.03560.0675get 0.0084% / 1h31m 12s$74.8M$80.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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
$95.51
Price spread: +0.164% → +0.073%
$9.17
Slippage, 4 orders
−$6.55
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$77.13
Costs to cover
0.276%
Break-even
1.3 days
Slippage from BloFin: live order book, 3 min ago; Hyperliquid: live order book, 13 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 BloFin live order book, 3 min ago0.97 bp8.5 bp −$911.5 bp −$11520.3 bp −$2,02648.3 bp −$24.2K
Sell Hyperliquid live order book, 13 min ago0.48 bp6.0 bp −$613.2 bp −$132doesn'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%1h1.0261−0.754%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0369%1h1.0347+0.076%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0344%1h1.0343+0.040%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0027%1h1.0329−0.097%$592K$407K25xas long as short
dYdX SUI-USD0.0000%1h1.0353+0.138%$102K$129K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0356+0.165%$463K$5.3M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0344+0.048%$201K$581K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0347+0.080%$119K150xas long as short
Lighter SUI+0.0096%1h1.0342+0.031%$792K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0347+0.077%$262K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0096%1h1.0349+0.097%$9K$9K10xas long as short
Popdex SUIUSDT+0.0096%1h1.0347+0.077%$40K$496K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0343+0.039%$46K$329K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0348+0.090%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0346+0.073%$599K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0347+0.073%$1.0M$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0352+0.125%$225K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0341+0.017%$152.1M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0342+0.029%$103.4M$306.6M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0337−0.019%$41.4M$386.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0350+0.106%$46K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0352+0.126%$243K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0340+0.010%$165.5M$81.2M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0341+0.019%$149.5M$290.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0338−0.010%$51.6M$52.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0336−0.029%$67.9M$167.8M75xas long as short
BingX SUI-USDC+0.0100%8h1.0340+0.010%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0340+0.010%$654K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0350+0.109%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0346+0.068%$168K$4.4M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0335−0.039%$453K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0359+0.193%$235K$442K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0357+0.174%$108K$775K10xas long as short
SunX SUI-USDT+0.0100%8h1.0362+0.222%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0342+0.029%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0341+0.019%$643K$18.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0347+0.077%$11.6M$24.9M50xas long as short
Extended SUI-USD+0.0104%1h1.0338−0.013%$1.4M$3.8M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0342+0.032%$49K$37K3xas long as short
BloFin SUI-USDTlong+0.0220%8h1.0339long leg$8.0M$24.2M100x
Coinbase International SUI-PERP-INTX+0.0224%1h1.0332−0.068%$982K$13.9M50xas long as short
Kraken Futures PF_SUIUSD+0.0273%1h1.0347+0.076%$7.2M$24.1M50xas long as short
Phoenix SUI+0.0327%1h1.0359+0.192%$206K$593K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0641% / S −0.0309%1h1.0347+0.079%$904K100xas long as short
Hyperliquid SUIshort+0.0675%1h1.0356+0.164%$74.8M$80.9M10x
Aftermath Perps SUIUSD+0.0842%1h1.0355+0.154%$94K$382K10xas long as short