Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Backpack against Bulk−0.133%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$210.213% of the position
Funding, last 4 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.125%+$13 · spread now −0.133%, 7d avg −0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.059% cheaper against Bulk than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk SUI-USD | 1.0183 | 0.0100 | pay 0.0013% / 1h | 8m 08s | $239K | $454 | 10x |
| Short | Backpack SUI_USDC_PERP | 1.0170 | 0.0100 | get 0.0013% / 1h | 8m 08s | $669K | $1.4M | 20x |
Bulk SUI-USD
Backpack SUI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Bulk. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.133% → −0.073%
- −$5.92
- Slippage, 4 orders
- −$4.26
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$27.18
- Costs to cover
- 0.213%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 36 min ago; Backpack: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bulk live order book, 36 min ago | 0.49 bp | 4.0 bp −$4 | 6.5 bp −$65 | 16.3 bp −$1,633 | 35.1 bp −$17.5K |
| Sell Backpack live order book, 1 min ago | 0.49 bp | 6.9 bp −$7 | 16.9 bp −$169 | doesn't fit | doesn't fit |
SUI on 46 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SUI/USDC PERP | −0.3536% | 1h | 1.0106 | −0.761% | $42K | $113K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0380% | 1h | 1.0167 | −0.163% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0248% | 1h | 1.0178 | −0.056% | $5K | $20K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0094% | 1h | 1.0160 | −0.231% | $583K | $421K | 25x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0170 | −0.132% | $95K | $257K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0174 | −0.088% | $376K | $4.4M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0172 | −0.111% | $115K | — | 150x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0045% | 1h | 1.0176 | −0.074% | $196K | $558K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0176 | −0.072% | $770K | $5.4M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0175 | −0.087% | $297K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Deribit SUI_USDC-PERPETUAL
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0169 | −0.142% | $39K | $522K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0174 | −0.093% | $47K | $224K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0166 | −0.175% | $27K | $8K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0166 | −0.167% | $690K | $2.2M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0173 | −0.107% | $897K | $4.2M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0170 | −0.129% | $216K | $257K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0172 | −0.114% | $146.4M | $1.00B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0168 | −0.151% | $98.5M | $312.8M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0167 | −0.162% | $41.0M | $372.2M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0170 | −0.133% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USDlong | +0.0100% | 1h | 1.0183 | long leg | $239K | $454 | 10x | |
| Gate SUI_USDT | +0.0100% | 8h | 1.0169 | −0.142% | $168.1M | $84.0M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0173 | −0.103% | $153.4M | $293.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0172 | −0.113% | $50.1M | $52.5M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0166 | −0.172% | $67.1M | $170.8M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0170 | −0.133% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERPshort | +0.0100% | 1h | 1.0170 | −0.133% | $669K | $1.4M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0177 | −0.068% | $2.4M | $3.5M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0183 | −0.006% | $164K | $4.4M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0177 | −0.065% | $438K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0183 | −0.005% | $223K | $377K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0176 | −0.074% | $126K | $589K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0184 | +0.005% | $2K | $1.6M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0173 | −0.103% | $5K | $1.8M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0166 | −0.172% | $638K | $18.4M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0175 | −0.083% | $11.7M | $28.2M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0169 | −0.141% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0173 | −0.100% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0192% | 1h | 1.0171 | −0.123% | $9K | $2K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0177 | −0.064% | $7.6M | $24.5M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0280% | 1h | 1.0178 | −0.054% | $1.0M | $14.5M | 50x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0365% | 1h | 1.0175 | −0.086% | $6.8M | $22.0M | 50x | as long as short |
| Hyperliquid SUI | +0.0396% | 1h | 1.0181 | −0.025% | $73.4M | $80.3M | 10x | as long as short |
| Phoenix SUI | +0.0431% | 1h | 1.0192 | +0.083% | $202K | $413K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0601% / S −0.0263% | 1h | 1.0171 | −0.120% | $934K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1352% | 1h | 1.0182 | −0.013% | $82K | $409K | 10x | as long as short |
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Kraken Futures PF_SUIUSD
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD