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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Phemex against Bulk+0.164%7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.164%, 7d avg −0.067%
Together, before fees−0.032%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.231% dearer against Bulk than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk SUI-USD1.03390.0100pay 0.0013% / 1h58m 49s$243K$6K10x
ShortPhemex SUIUSDT1.03560.0100get 0.0100% / 8h3h 58m$11.9M$26.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.164% → −0.067%
$23.1
Slippage, 4 orders
−$22.79
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$18.69
Costs to cover
0.418%
Break-even
never at this rate
Slippage from Bulk: live order book, 60 min ago; Phemex: live order book, 5 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, 60 min ago1.43 bp4.9 bp −$56.9 bp −$6919.5 bp −$1,94938.0 bp −$19.0K
Sell Phemex live order book, 5 min ago4.34 bp15.6 bp −$1627.3 bp −$273doesn'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−0.3470%1h1.0251−0.851%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0376%1h1.0350+0.110%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0328%1h1.0378+0.378%$6K$19K7xas long as short
Kraken Futures PF_SUIUSD−0.0067%1h1.0355+0.154%$6.8M$27.0M50xas long as short
dYdX SUI-USD0.0000%1h1.0369+0.291%$130K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0377+0.369%$497K$5.0M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0351+0.116%$116K150xas long as short
Bluefin SUI-PERP+0.0066%1h1.0342+0.029%$592K$406K25xas long as short
Lighter SUI+0.0096%1h1.0371+0.311%$801K$5.4M10xas long as short
Lighter RH SUI+0.0096%1h1.0373+0.330%$299K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0362+0.222%$42K$515K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0373+0.328%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0357+0.179%$584K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0365+0.255%$907K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0373+0.325%$224K$259K10xas long as short
Binance SUIUSDT+0.0100%8h1.0368+0.276%$150.3M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0372+0.319%$102.0M$310.2M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0366+0.261%$40.8M$388.7M50xas long as short
Arcus SUI-USD+0.0100%1h1.0380+0.397%$44K$330K10xas long as short
Bulk SUI-USDlong+0.0100%1h1.0339long leg$243K$6K10x
Gate SUI_USDT+0.0100%8h1.0364+0.242%$169.2M$80.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0367+0.271%$152.9M$291.7M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0367+0.271%$49.9M$53.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0365+0.251%$67.7M$172.5M75xas long as short
BingX SUI-USDC+0.0100%8h1.0371+0.310%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0351+0.116%$654K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0383+0.423%$2.5M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0381+0.409%$171K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0378+0.380%$453K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0393+0.522%$230K$431K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0366+0.261%$123K$748K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0353+0.135%$48K$148K20xas long as short
SunX SUI-USDT+0.0100%8h1.0323−0.155%$2K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0354+0.145%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0351+0.116%$593K$19.7M75xas long as short
Phemex SUIUSDTshort+0.0100%8h1.0356+0.164%$11.9M$26.8M50x
Extended SUI-USD+0.0104%1h1.0360+0.200%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0354+0.150%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0168%1h1.0365+0.251%$9K$2K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0349+0.097%$7.9M$24.8M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0372+0.319%$974K$15.0M50xas long as short
Phoenix SUI+0.0390%1h1.0401+0.597%$211K$411K10xas long as short
Deribit SUI_USDC-PERPETUAL+0.0426%1h1.0360+0.203%$201K$573K25xas long as short
Hyperliquid SUI+0.0504%1h1.0383+0.423%$75.2M$81.4M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0612% / S −0.0267%1h1.0351+0.117%$956K100xas long as short
Aftermath Perps SUIUSD+0.1506%1h1.0371+0.309%$83K$401K10xas long as short