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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Bybit−0.024%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.391% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.024%, 7d avg +0.017%
Together, before fees+0.048%+$5 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 0.042% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUIUSDT1.02690.0100pay 0.0100% / 8h7h 12m$99.2M$297.8M50x
ShortPhemex SUIUSDT1.02660.0100get 0.0100% / 8h7h 12m$11.8M$28.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: −0.024% → +0.017%
−$4.15
Slippage, 4 orders
−$16.09
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$43.25
Costs to cover
0.391%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Phemex: 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 ago0.49 bp7.4 bp −$712.4 bp −$12441.3 bp −$4,127doesn't fit
Sell Phemex live order book, 2 min ago2.92 bp12.5 bp −$1326.1 bp −$261doesn'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−0.3240%1h1.0117−1.475%$42K$113K12xas long as short
Reya SUIRUSDPERP−0.0383%1h1.0256−0.118%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0216%1h1.0248−0.196%$6K$17K7xas long as short
dYdX SUI-USD0.0000%1h1.0263−0.051%$96K$245K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0263−0.053%$383K$4.1M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0272+0.034%$198K$528K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0265−0.036%$116K150xas long as short
Bluefin SUI-PERP+0.0041%1h1.0254−0.141%$590K$440K25xas long as short
01 Exchange SUIUSD+0.0064%1h1.0252−0.161%$8K$3K10xas long as short
Lighter SUI+0.0096%1h1.0271+0.022%$760K$4.9M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0269+0.007%$310K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0254−0.141%$48K$529K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0268−0.005%$47K$543K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0256−0.127%$27K$6K30xas long as short
Nado SUI-PERP+0.0100%1h1.0251−0.170%$673K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0269+0.005%$916K$4.1M75xas long as short
Pacifica SUI+0.0100%1h1.0263−0.054%$219K$248K10xas long as short
Binance SUIUSDT+0.0100%8h1.0271+0.024%$146.4M$956.6M75xas long as short
Bybit SUIUSDTlong+0.0100%8h1.0269long leg$99.2M$297.8M50x
OKX SUI-USDT-SWAP+0.0100%8h1.0269+0.005%$41.5M$354.6M50xas long as short
Arcus SUI-USD+0.0100%1h1.0260−0.083%$45K$317K10xas long as short
Bulk SUI-USD+0.0100%1h1.0219−0.482%$234K$7K10xas long as short
Gate SUI_USDT+0.0100%8h1.0269+0.005%$169.4M$80.3M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0271+0.024%$98.8M$291.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0273+0.044%$52.3M$49.6M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0269+0.005%$67.7M$161.4M75xas long as short
BingX SUI-USDC+0.0100%8h1.0271+0.024%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0270+0.015%$674K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0254−0.141%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0250−0.183%$165K$4.2M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0256−0.122%$442K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0250−0.180%$207K$356K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0258−0.102%$124K$512K10xas long as short
SunX SUI-USDT+0.0100%8h1.0271+0.024%$3K$1.5M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0268−0.005%$6K$1.5M10xas long as short
HTX SUI-USDT+0.0100%8h1.0273+0.044%$752K$17.7M75xas long as short
Phemex SUIUSDTshort+0.0100%8h1.0266−0.024%$11.8M$28.4M50x
Extended SUI-USD+0.0104%1h1.0266−0.020%$1.5M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0275+0.066%$39K$11K3xas long as short
Hyperliquid SUI+0.0173%1h1.0283+0.141%$74.2M$76.1M10xas long as short
BloFin SUI-USDT+0.0220%8h1.0251−0.170%$7.5M$24.5M100xas long as short
Kraken Futures PF_SUIUSD+0.0280%1h1.0271+0.021%$6.9M$21.3M50xas long as short
Coinbase International SUI-PERP-INTX+0.0360%1h1.0260−0.083%$1.0M$13.5M50xas long as short
Phoenix SUI+0.0426%1h1.0259−0.096%$204K$395K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0602% / S −0.0263%1h1.0264−0.045%$943K100xas long as short
Aftermath Perps SUIUSD+0.1080%1h1.0244−0.237%$81K$412K10xas long as short