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+0.0227%/8h= +24.9% APRnext payment +$0.28 per $10,000 · paid last 24h +0.072%
Price spread now: Pacifica against Bluefin+0.326%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$430.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.131%−$13 on $10k
Price spread, last 3 days (all we have)−0.239%−$24 · spread now +0.326%, 7d avg +0.134%
Together, before fees−0.370%+ Points / potential airdropPacifica: Active · farm board−$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Pacifica is 0.192% dearer against Bluefin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.134%. Mind the row above: over the last 7 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. 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-PERP1.0126−0.0127get 0.0016% / 1h30m 51s$580K$406K25x
ShortPacifica SUI1.01590.0100get 0.0013% / 1h30m 51s$219K$262K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$47.75
Price spread: +0.326% → +0.134%
$19.2
Slippage, 4 orders
−$28.21
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$23.74
Costs to cover
0.432%
Break-even
3.5 days
Slippage from Bluefin: live order book, 58 min ago; Pacifica: live order book, 57 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, 58 min ago2.45 bp14.9 bp −$1557.0 bp −$570doesn't fitdoesn't fit
Sell Pacifica live order book, 57 min ago2.93 bp10.2 bp −$10doesn't fitdoesn'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−0.2398%1h1.0035−0.899%$41K$81K12xas long as short
Hibachi SUI/USDT-P−0.0488%1h1.0146+0.196%$6K$18K7xas long as short
Reya SUIRUSDPERP−0.0366%1h1.0146+0.199%$4K$3K20xas long as short
Bluefin SUI-PERPlong−0.0127%1h1.0126long leg$580K$406K25x
Kraken Futures PF_SUIUSD−0.0022%1h1.0145+0.191%$6.8M$23.7M50xas long as short
dYdX SUI-USD0.0000%1h1.0158+0.316%$93K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0153+0.270%$454K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0144+0.178%$185K$546K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0141+0.146%$117K150xas long as short
Lighter SUI+0.0096%1h1.0125−0.010%$766K$5.9M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0146+0.194%$250K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0147+0.207%$35K$504K50xas long as short
Orderly PERP_SUI_USDC+0.0098%8h1.0140+0.138%$44K$379K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0157+0.311%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0147+0.202%$591K$1.4M10xas long as short
Hyperliquid SUI+0.0100%1h1.0134+0.079%$72.1M$81.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0141+0.144%$979K$4.5M75xas long as short
Pacifica SUIshort+0.0100%1h1.0159+0.326%$219K$262K10x
Binance SUIUSDT+0.0100%8h1.0127+0.011%$150.0M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0127+0.010%$101.6M$307.0M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0125−0.010%$40.7M$379.7M50xas long as short
Arcus SUI-USD+0.0100%1h1.0140+0.138%$146K$297K10xas long as short
Bulk SUI-USD+0.0100%1h1.0155+0.291%$239K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0127+0.010%$162.9M$81.1M50xas long as short
MEXC SUI_USDT+0.0100%8h1.01260.000%$147.3M$297.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0132+0.059%$53.0M$51.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0122−0.040%$66.6M$169.2M75xas long as short
BingX SUI-USDC+0.0100%8h1.0125−0.010%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0140+0.138%$639K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0161+0.347%$2.2M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0149+0.231%$163K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0166+0.395%$446K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0143+0.168%$230K$444K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0152+0.257%$106K$796K10xas long as short
SunX SUI-USDT+0.0100%8h1.0170+0.435%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0142+0.158%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0151+0.247%$623K$18.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0144+0.178%$11.3M$24.4M50xas long as short
Extended SUI-USD+0.0104%1h1.0125−0.012%$1.4M$3.7M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0143+0.169%$48K$37K3xas long as short
01 Exchange SUIUSD+0.0112%1h1.0144+0.178%$9K$9K10xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0156+0.296%$973K$13.7M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0143+0.168%$7.9M$23.6M100xas long as short
Phoenix SUI+0.0290%1h1.0173+0.468%$184K$578K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0629% / S −0.0300%1h1.0140+0.140%$869K100xas long as short
Aftermath Perps SUIUSD+0.0719%1h1.0152+0.252%$92K$378K10xas long as short