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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Popdex against Bybit+0.088%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.448%−$45 · spread now +0.088%, 7d avg +0.001%
Together, before fees−0.460%−$46 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: Popdex is 0.087% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUIUSDT1.02540.0100pay 0.0100% / 8h7h 13m$98.9M$298.1M50x
ShortPopdex SUIUSDT1.02630.0096get 0.0012% / 1h13m 00s$48K$530K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$0.84
Price spread: +0.088% → +0.001%
$8.69
Slippage, 4 orders
−$13.46
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$23.01
Costs to cover
0.309%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Popdex: live order book, 21 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, 1 min ago0.49 bp7.4 bp −$712.4 bp −$12441.3 bp −$4,127doesn't fit
Sell Popdex live order book, 21 min ago2.28 bp9.0 bp −$925.4 bp −$254doesn'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%1h1.0117−1.336%$42K$113K12xas long as short
Reya SUIRUSDPERP−0.0383%1h1.0256+0.023%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0216%1h1.0248−0.055%$6K$17K7xas long as short
dYdX SUI-USD0.0000%1h1.0263+0.090%$96K$245K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0265+0.107%$383K$4.1M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0252−0.020%$197K$528K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0256+0.022%$116K150xas long as short
Bluefin SUI-PERP+0.0047%1h1.0237−0.166%$589K$442K25xas long as short
01 Exchange SUIUSD+0.0064%1h1.0264+0.098%$8K$3K10xas long as short
Lighter SUI+0.0096%1h1.0259+0.048%$755K$4.9M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0260+0.058%$310K$2.2M10xas long as short
Popdex SUIUSDTshort+0.0096%1h1.0263+0.088%$48K$530K50x
Orderly PERP_SUI_USDC+0.0100%8h1.0253−0.010%$47K$539K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0256+0.023%$27K$6K30xas long as short
Nado SUI-PERP+0.0100%1h1.0262+0.078%$674K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0260+0.062%$915K$4.1M75xas long as short
Pacifica SUI+0.0100%1h1.0259+0.044%$219K$248K10xas long as short
Binance SUIUSDT+0.0100%8h1.0254+0.003%$146.2M$957.7M75xas long as short
Bybit SUIUSDTlong+0.0100%8h1.0254long leg$98.9M$298.1M50x
OKX SUI-USDT-SWAP+0.0100%8h1.0255+0.010%$41.4M$354.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0260+0.059%$43K$317K10xas long as short
Bulk SUI-USD+0.0100%1h1.0219−0.341%$234K$7K10xas long as short
Gate SUI_USDT+0.0100%8h1.02540.000%$169.2M$80.2M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0253−0.010%$98.7M$291.7M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0259+0.049%$52.2M$49.6M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0252−0.020%$67.7M$162.1M75xas long as short
BingX SUI-USDT+0.0100%8h1.02540.000%$86.7Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0255+0.010%$673K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.02540.000%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0250−0.042%$165K$4.2M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0256+0.020%$442K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0250−0.039%$207K$356K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0268+0.137%$124K$512K10xas long as short
SunX SUI-USDT+0.0100%8h1.0265+0.107%$2K$1.5M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0251−0.029%$6K$1.5M10xas long as short
HTX SUI-USDT+0.0100%8h1.0260+0.059%$751K$17.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0256+0.020%$11.8M$28.4M50xas long as short
Extended SUI-USD+0.0104%1h1.0251−0.026%$1.4M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0257+0.029%$39K$11K3xas long as short
Hyperliquid SUI+0.0170%1h1.0267+0.127%$74.1M$76.1M10xas long as short
BloFin SUI-USDT+0.0220%8h1.0251−0.029%$7.5M$24.5M100xas long as short
Kraken Futures PF_SUIUSD+0.0281%1h1.0253−0.006%$6.9M$21.3M50xas long as short
Coinbase International SUI-PERP-INTX+0.0360%1h1.0260+0.059%$1.0M$13.5M50xas long as short
Phoenix SUI+0.0426%1h1.0259+0.045%$204K$395K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0603% / S −0.0263%1h1.0260+0.058%$943K100xas long as short
Aftermath Perps SUIUSD+0.1084%1h1.0240−0.140%$81K$412K10xas long as short