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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.011%
Price spread now: Deribit against Bybit−0.225%45s7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$340.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.050%+$5 on $10k
Price spread, last 4 days (all we have)+0.348%+$35 · spread now −0.225%, 7d avg +0.043%
Together, before fees+0.398%+$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.267% cheaper against Bybit than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.043%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.050%, so the current rate has only just turned against you. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUIUSDT1.04090.0100pay 0.0100% / 8h5h 40m$103.3M$308.2M50x
ShortDeribit SUI_USDC-PERPETUAL1.03860get 0.0000% / 1h40m 36s$202K$576K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$21
Price spread: −0.225% → +0.043%
−$26.74
Slippage, 4 orders
−$15.73
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$81.47
Costs to cover
0.337%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Deribit: live order book, 23 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, 4 min ago0.48 bp7.1 bp −$713.1 bp −$13139.2 bp −$3,922doesn't fit
Sell Deribit live order book, 23 min ago3.36 bp8.8 bp −$916.8 bp −$168doesn'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−0.3542%1h1.0276−1.282%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0373%1h1.0397−0.116%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0232%1h1.0434+0.238%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0042%1h1.0376−0.321%$594K$409K25xas long as short
dYdX SUI-USD0.0000%1h1.0407−0.024%$95K$168K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0417+0.070%$514K$4.8M2.5xas long as short
Deribit SUI_USDC-PERPETUALshort0.0000%1h1.0386−0.225%$202K$576K25x
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0394−0.145%$114K150xas long as short
Lighter SUI+0.0096%1h1.0395−0.142%$822K$5.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0393−0.156%$278K$2.1M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0412+0.025%$33K$501K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0415+0.050%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0406−0.033%$715K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0394−0.152%$915K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0405−0.044%$227K$265K10xas long as short
Binance SUIUSDT+0.0100%8h1.0412+0.024%$152.8M$1.03B75xas long as short
Bybit SUIUSDTlong+0.0100%8h1.0409long leg$103.3M$308.2M50x
OKX SUI-USDT-SWAP+0.0100%8h1.0401−0.081%$41.2M$384.3M50xas long as short
Arcus SUI-USD+0.0100%1h1.0410+0.006%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0403−0.059%$245K$4K10xas long as short
Gate SUI_USDT+0.0100%8h1.0412+0.025%$165.3M$82.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0414+0.044%$151.3M$291.9M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0391−0.177%$51.0M$53.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0396−0.129%$68.0M$168.4M75xas long as short
BingX SUI-USDT+0.0100%8h1.0411+0.015%$82.0Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0384−0.244%$701K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0393−0.153%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0436+0.256%$170K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0447+0.363%$452K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0439+0.284%$237K$470K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0417+0.073%$122K$721K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0391−0.177%$47K$238K20xas long as short
SunX SUI-USDT+0.0100%8h1.0410+0.006%$3K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0387−0.215%$6K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0388−0.206%$593K$19.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0395−0.138%$11.6M$26.1M50xas long as short
Extended SUI-USD+0.0104%1h1.0409−0.008%$1.5M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0392−0.167%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0136%1h1.0410+0.006%$9K$3K10xas long as short
Coinbase International SUI-PERP-INTX+0.0176%1h1.0415+0.054%$996K$14.7M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0388−0.206%$8.0M$25.0M100xas long as short
Kraken Futures PF_SUIUSD+0.0289%1h1.0390−0.185%$6.8M$26.9M50xas long as short
Phoenix SUI+0.0362%1h1.0390−0.189%$211K$561K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0619% / S −0.0272%1h1.0393−0.160%$968K100xas long as short
Hyperliquid SUI+0.0677%1h1.0417+0.073%$75.7M$80.4M10xas long as short
Aftermath Perps SUIUSD+0.1258%1h1.0413+0.036%$83K$384K10xas long as short