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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0338%/8h= +37.0% APRpaid last 24h +0.090%
Price spread now: BloFin against Bluefin+0.098%7-day average +0.153% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$370.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.053%+$5 on $10k
Price spread, last 3 days (all we have)+0.043%+$4 · spread now +0.098%, 7d avg +0.153%
Together, before fees+0.096%+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.055% cheaper against Bluefin than usual: you would sell low and buy high (spread +0.098% now, against its 7-day average of +0.153%). If the spread goes back, that is −$5 on $10k: about 13 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.053% in total) that is about 7.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.8% 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
LongBluefin SUI-PERP1.0166−0.0118get 0.0015% / 1h8m 53s$582K$406K25x
ShortBloFin SUI-USDT1.01760.0220get 0.0220% / 8h2h 08m$8.0M$23.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bluefin. 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
$70.96
Price spread: +0.098% → +0.153%
−$5.45
Slippage, 4 orders
−$17.71
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
$28.8
Costs to cover
0.367%
Break-even
4.2 days
Slippage from Bluefin: live order book, 15 min ago; BloFin: live order book, 10 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 Bluefin live order book, 15 min ago0.98 bp10.2 bp −$1051.0 bp −$510doesn't fitdoesn't fit
Sell BloFin live order book, 10 min ago0.98 bp8.4 bp −$816.5 bp −$16528.4 bp −$2,84056.7 bp −$28.3K

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−0.2398%1h1.0093−0.718%$41K$123K12xas long as short
Hibachi SUI/USDT-P−0.0496%1h1.0194+0.276%$6K$18K7xas long as short
Reya SUIRUSDPERP−0.0367%1h1.0179+0.125%$4K$3K20xas long as short
Bluefin SUI-PERPlong−0.0118%1h1.0166long leg$582K$406K25x
Kraken Futures PF_SUIUSD−0.0022%1h1.0184+0.173%$7.0M$24.0M50xas long as short
dYdX SUI-USD0.0000%1h1.0185+0.184%$93K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0189+0.225%$457K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0182+0.157%$186K$551K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0179+0.127%$118K150xas long as short
01 Exchange SUIUSD+0.0088%1h1.0182+0.157%$9K$9K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SUI+0.0096%1h1.0180+0.138%$774K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0184+0.177%$251K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0178+0.118%$36K$503K50xas long as short
Orderly PERP_SUI_USDC+0.0098%8h1.0178+0.118%$44K$377K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0179+0.131%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0186+0.197%$595K$1.3M10xas long as short
Aster SUIUSDT+0.0100%8h1.0181+0.146%$997K$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0184+0.178%$220K$261K10xas long as short
Binance SUIUSDT+0.0100%8h1.0177+0.111%$150.8M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0178+0.120%$101.9M$306.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0174+0.079%$40.8M$381.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0190+0.236%$147K$297K10xas long as short
Bulk SUI-USD+0.0100%1h1.0178+0.123%$239K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0179+0.128%$163.9M$81.2M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0176+0.098%$147.5M$299.2M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0176+0.098%$52.0M$51.5M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0172+0.059%$66.9M$168.9M75xas long as short
BingX SUI-USDT+0.0100%8h1.0177+0.108%$81.9Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0178+0.118%$647K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0181+0.151%$2.2M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0179+0.126%$164K$4.4M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0193+0.266%$439K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0183+0.167%$231K$444K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0186+0.197%$106K$785K10xas long as short
SunX SUI-USDT+0.0100%8h1.0191+0.246%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0179+0.128%$7K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0181+0.148%$619K$18.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0184+0.177%$11.4M$24.5M50xas long as short
Hyperliquid SUI+0.0100%1h1.0189+0.226%$72.5M$81.4M10xas long as short
Extended SUI-USD+0.0104%1h1.0174+0.083%$1.4M$3.7M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0179+0.132%$48K$37K3xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0203+0.364%$977K$13.7M50xas long as short
BloFin SUI-USDTshort+0.0220%8h1.0176+0.098%$8.0M$23.7M100x
Phoenix SUI+0.0290%1h1.0205+0.383%$184K$578K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0636% / S −0.0311%1h1.0177+0.112%$892K100xas long as short
Aftermath Perps SUIUSD+0.0672%1h1.0185+0.183%$91K$381K10xas long as short