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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.074%
Price spread now: Coinbase International against Bybit+0.154%7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.423%+$42 on $10k
Price spread, last 3 days (all we have)−0.092%−$9 · spread now +0.154%, 7d avg +0.117%
Together, before fees+0.331%+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.037% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.117%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUIUSDT1.04090.0100pay 0.0100% / 8h6h 26m$103.4M$312.6M50x
ShortCoinbase International SUI-PERP-INTX1.04250.0152get 0.0019% / 1h26m 49s$1.0M$14.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bybit. 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
$10.92
Price spread: +0.154% → +0.117%
$3.69
Slippage, 4 orders
−$25.56
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$31.94
Costs to cover
0.466%
Break-even
27.5 days
Slippage from Bybit: live order book, 2 min ago; Coinbase International: 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 Bybit live order book, 2 min ago0.48 bp7.5 bp −$813.8 bp −$13841.7 bp −$4,173doesn't fit
Sell Coinbase International live order book, 2 min ago3.86 bp14.0 bp −$1421.0 bp −$210doesn'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%1h1.0236−1.662%$42K$123K12xas long as short
Hibachi SUI/USDT-P−0.0448%1h1.0390−0.186%$6K$19K7xas long as short
Reya SUIRUSDPERP−0.0372%1h1.0401−0.078%$4K$3K20xas long as short
dYdX SUI-USD0.0000%1h1.0399−0.094%$95K$171K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0427+0.175%$508K$5.1M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0397−0.115%$202K$578K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0396−0.122%$113K150xas long as short
Kraken Futures PF_SUIUSD+0.0012%1h1.0389−0.194%$6.8M$27.0M50xas long as short
Bluefin SUI-PERP+0.0080%1h1.0384−0.240%$594K$413K25xas long as short
01 Exchange SUIUSD+0.0088%1h1.0403−0.058%$9K$3K10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SUI+0.0096%1h1.0402−0.062%$820K$5.7M10xas long as short
Lighter RH SUI+0.0096%1h1.0403−0.056%$277K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0401−0.077%$30K$491K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0439+0.286%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0403−0.058%$751K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0393−0.154%$914K$5.0M75xas long as short
Pacifica SUI+0.0100%1h1.0403−0.058%$227K$269K10xas long as short
Binance SUIUSDT+0.0100%8h1.0401−0.076%$152.2M$1.05B75xas long as short
Bybit SUIUSDTlong+0.0100%8h1.0409long leg$103.4M$312.6M50x
OKX SUI-USDT-SWAP+0.0100%8h1.0412+0.029%$40.9M$393.6M50xas long as short
Arcus SUI-USD+0.0100%1h1.0400−0.086%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0354−0.528%$244K$3K10xas long as short
Gate SUI_USDT+0.0100%8h1.0392−0.163%$164.1M$84.1M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0403−0.058%$149.9M$299.0M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0408−0.010%$51.7M$53.8M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0397−0.115%$67.7M$172.1M75xas long as short
BingX SUI-USDT+0.0100%8h1.0394−0.144%$82.4Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0388−0.202%$691K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0337−0.693%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0359−0.477%$169K$4.7M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0367−0.405%$451K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0365−0.423%$237K$507K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0412+0.029%$120K$727K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0396−0.125%$47K$256K20xas long as short
SunX SUI-USDT+0.0100%8h1.04090.000%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0386−0.221%$7K$2.2M10xas long as short
HTX SUI-USDT+0.0100%8h1.0404−0.048%$659K$19.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0393−0.154%$11.6M$25.8M50xas long as short
Extended SUI-USD+0.0104%1h1.0386−0.219%$1.4M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0406−0.029%$39K$16K3xas long as short
Hyperliquid SUI+0.0123%1h1.04090.000%$74.5M$80.7M10xas long as short
Coinbase International SUI-PERP-INTXshort+0.0152%1h1.0425+0.154%$1.0M$14.7M50x
Phoenix SUI+0.0221%1h1.0388−0.198%$206K$595K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0615% / S −0.0268%1h1.0396−0.128%$970K100xas long as short
Aftermath Perps SUIUSD+0.1030%1h1.0381−0.265%$78K$378K10xas long as short