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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0340%/8h= +37.2% APRnext payment +$0.43 per $10,000 · paid last 24h +0.104%
Price spread now: Hyperliquid against Bulk+0.078%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.180%+$18 on $10k
Price spread, last 4 days (all we have)+0.534%+$53 · spread now +0.078%, 7d avg +0.038%
Together, before fees+0.714%+ Points / potential airdropHyperliquid: Season 2 · farm board+$71 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Hyperliquid is 0.040% dearer against Bulk than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk SUI-USD1.04770.0100pay 0.0013% / 1h54m 59s$246K$6K10x
ShortHyperliquid SUI1.04850.0440get 0.0055% / 1h54m 59s$76.2M$82.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bulk. 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
$71.41
Price spread: +0.078% → +0.038%
$4.05
Slippage, 4 orders
−$11.34
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$48.12
Costs to cover
0.273%
Break-even
2.3 days
Slippage from Bulk: live order book, 4 min ago; Hyperliquid: live order book, 9 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 Bulk live order book, 4 min ago1.43 bp4.9 bp −$56.9 bp −$6919.5 bp −$1,94938.0 bp −$19.0K
Sell Hyperliquid live order book, 9 min ago0.48 bp6.8 bp −$712.9 bp −$129doesn'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−0.3244%1h1.0340−1.306%$43K$123K12xas long as short
Reya SUIRUSDPERP−0.0375%1h1.0459−0.171%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0280%1h1.0474−0.026%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0458−0.177%$131K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0469−0.079%$526K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0467−0.094%$203K$574K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0472−0.048%$114K150xas long as short
Lighter SUI+0.0096%1h1.0469−0.073%$833K$5.5M10xas long as short
Lighter RH SUI+0.0096%1h1.0468−0.084%$290K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0462−0.141%$39K$515K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0456−0.197%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0454−0.218%$718K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0471−0.057%$914K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0461−0.147%$227K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0471−0.057%$152.6M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0475−0.021%$103.9M$309.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0474−0.027%$41.5M$390.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0470−0.065%$45K$373K10xas long as short
Bulk SUI-USDlong+0.0100%1h1.0477long leg$246K$6K10x
Gate SUI_USDT+0.0100%8h1.0468−0.084%$168.3M$82.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0465−0.113%$152.7M$292.1M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0468−0.084%$50.4M$54.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0468−0.084%$68.4M$171.1M75xas long as short
BingX SUI-USDT+0.0100%8h1.0466−0.103%$82.3Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0468−0.084%$697K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0476−0.010%$2.4M$3.3Mas long as short
edgeX SUIUSDC+0.0100%4h1.0412−0.615%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0462−0.141%$452K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0410−0.638%$233K$485K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0463−0.132%$113K$742K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0470−0.065%$48K$202K20xas long as short
SunX SUI-USDT+0.0100%8h1.0472−0.046%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0463−0.132%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0451−0.246%$577K$19.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0465−0.113%$12.0M$26.6M50xas long as short
Extended SUI-USD+0.0104%1h1.0469−0.071%$1.5M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0474−0.027%$40K$11K3xas long as short
01 Exchange SUIUSD+0.0128%1h1.0465−0.113%$9K$3K10xas long as short
Kraken Futures PF_SUIUSD+0.0161%1h1.0467−0.089%$6.9M$27.0M50xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0477+0.002%$1.0M$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0472−0.046%$8.1M$25.2M100xas long as short
Phoenix SUI+0.0362%1h1.0488+0.111%$213K$421K10xas long as short
Hyperliquid SUIshort+0.0440%1h1.0485+0.078%$76.2M$82.0M10x
GMX SUI/USD [ETH-USDC]L +0.0616% / S −0.0267%1h1.0468−0.080%$967K100xas long as short
Aftermath Perps SUIUSD+0.1508%1h1.0477+0.005%$84K$393K10xas long as short
Bluefin SUI-PERP+0.3133%1h1.0459−0.170%$599K$405K25xas long as short