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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.05 per $10,000 · paid last 24h +0.081%
Price spread now: Nado against Bluefin+0.087%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.433% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.161%+$16 on $10k
Price spread, last 3 days (all we have)−0.009%−$1 · spread now +0.087%, 7d avg +0.107%
Together, before fees+0.152%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.020% cheaper against Bluefin than usual: you would sell low and buy high (spread +0.087% now, against its 7-day average of +0.107%). If the spread goes back, that is −$2 on $10k: about 39 hours of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.161% in total) that is about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin SUI-PERP1.03860.0059pay 0.0007% / 1h1m 48s$594K$414K25x
ShortNado SUI-PERP1.03950.0100get 0.0012% / 1h1m 48s$719K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$8.7
Price spread: +0.087% → +0.107%
−$2.01
Slippage, 4 orders
−$29.28
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$36.59
Costs to cover
0.433%
Break-even
36.5 days
Slippage from Bluefin: live order book, 2 min ago; Nado: live order book, 2 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, 2 min ago2.40 bp15.5 bp −$1567.8 bp −$678doesn't fitdoesn't fit
Sell Nado live order book, 2 min ago0.96 bp6.8 bp −$717.2 bp −$172doesn't fitdoesn't fit

SUI on 45 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−0.4499%1h1.0252−1.290%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0373%1h1.0400+0.139%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0280%1h1.0404+0.176%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0386+0.001%$95K$169K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0413+0.259%$521K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0397+0.106%$202K$577K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0404+0.169%$114K150xas long as short
Kraken Futures PF_SUIUSD+0.0011%1h1.0398+0.117%$6.8M$27.0M50xas long as short
Bluefin SUI-PERPlong+0.0059%1h1.0386long leg$594K$414K25x
Lighter SUI+0.0096%1h1.0383−0.029%$819K$5.7M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0401+0.141%$277K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0399+0.125%$31K$501K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0396+0.100%$27K$9K30xas long as short
Nado SUI-PERPshort+0.0100%1h1.0395+0.087%$719K$1.9M10x
Aster SUIUSDT+0.0100%8h1.0394+0.079%$912K$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0389+0.027%$227K$268K10xas long as short
Binance SUIUSDT+0.0100%8h1.0401+0.140%$152.1M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0401+0.148%$103.3M$309.7M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0395+0.087%$41.0M$387.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0400+0.135%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0351−0.337%$243K$4K10xas long as short
Gate SUI_USDT+0.0100%8h1.0399+0.125%$164.6M$84.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0396+0.096%$150.8M$301.5M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0400+0.135%$50.7M$53.8M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0396+0.096%$67.7M$170.1M75xas long as short
BingX SUI-USDT+0.0100%8h1.0402+0.154%$82.1Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0393+0.067%$710K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0364−0.215%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0360−0.251%$169K$4.7M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0371−0.146%$446K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0357−0.279%$236K$472K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0411+0.241%$121K$722K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0398+0.116%$47K$243K20xas long as short
SunX SUI-USDT+0.0100%8h1.0422+0.347%$3K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0395+0.087%$6K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0406+0.193%$599K$19.9M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0394+0.077%$11.6M$25.9M50xas long as short
Extended SUI-USD+0.0104%1h1.0396+0.092%$1.4M$4.1M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0399+0.125%$9K$3K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0399+0.125%$39K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0152%1h1.0412+0.250%$983K$14.6M50xas long as short
Phoenix SUI+0.0221%1h1.0371−0.142%$206K$595K10xas long as short
Hyperliquid SUI+0.0307%1h1.0410+0.231%$75.0M$80.1M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0627% / S −0.0278%1h1.0402+0.154%$981K100xas long as short
Aftermath Perps SUIUSD+0.1099%1h1.0397+0.106%$83K$383K10xas long as short