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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h −0.085%
Price spread now: Deribit against Coinbase International−0.126%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$430.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.364%−$36 on $10k
Price spread, last 3 days (all we have)+0.150%+$15 · spread now −0.126%, 7d avg −0.073%
Together, before fees−0.214%−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Deribit is 0.053% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SUI-PERP-INTX1.03510.0224pay 0.0028% / 1h53m 15s$986K$14.0M50x
ShortDeribit SUI_USDC-PERPETUAL1.03380.0040get 0.0005% / 1h53m 15s$201K$581K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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
−$38.64
Price spread: −0.126% → −0.073%
−$5.31
Slippage, 4 orders
−$26.22
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$87.17
Costs to cover
0.432%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Deribit: live order book, 26 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 Coinbase International live order book, 1 min ago2.91 bp15.4 bp −$1521.5 bp −$215doesn't fitdoesn't fit
Sell Deribit live order book, 26 min ago2.93 bp10.3 bp −$1015.1 bp −$151doesn'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−0.3474%1h1.0167−1.778%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0369%1h1.0330−0.206%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0320%1h1.0310−0.399%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0309−0.410%$94K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0354+0.027%$462K$5.4M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0330−0.202%$120K150xas long as short
Deribit SUI_USDC-PERPETUALshort+0.0040%1h1.0338−0.126%$201K$581K25x
Bluefin SUI-PERP+0.0050%1h1.0325−0.251%$592K$404K25xas long as short
Lighter SUI+0.0096%1h1.0340−0.107%$795K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0342−0.085%$261K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0096%1h1.0317−0.328%$9K$9K10xas long as short
Popdex SUIUSDT+0.0096%1h1.0322−0.280%$38K$498K50xas long as short
Orderly PERP_SUI_USDC+0.0099%8h1.0329−0.213%$46K$330K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0310−0.398%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0327−0.227%$596K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0330−0.204%$1.0M$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0313−0.371%$224K$262K10xas long as short
Binance SUIUSDT+0.0100%8h1.0331−0.193%$152.0M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0334−0.161%$103.8M$306.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0332−0.184%$41.4M$385.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0320−0.299%$46K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0269−0.792%$242K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0332−0.184%$165.3M$80.6M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0331−0.193%$149.3M$288.7M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0329−0.213%$51.8M$52.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0329−0.213%$67.8M$168.7M75xas long as short
BingX SUI-USDT+0.0100%8h1.0330−0.203%$81.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0307−0.425%$655K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0295−0.540%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0319−0.313%$169K$4.4M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0324−0.258%$445K$6.9M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0299−0.502%$234K$441K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0339−0.116%$108K$782K10xas long as short
SunX SUI-USDT+0.0100%8h1.0343−0.077%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0338−0.126%$7K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0328−0.222%$641K$18.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0337−0.135%$11.6M$24.8M50xas long as short
Extended SUI-USD+0.0104%1h1.0331−0.193%$1.4M$3.8M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0343−0.081%$49K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0327−0.232%$7.9M$24.0M100xas long as short
Coinbase International SUI-PERP-INTXlong+0.0224%1h1.0351long leg$986K$14.0M50x
Kraken Futures PF_SUIUSD+0.0273%1h1.0344−0.065%$7.2M$24.0M50xas long as short
Phoenix SUI+0.0327%1h1.0335−0.157%$204K$593K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0638% / S −0.0309%1h1.0330−0.201%$902K100xas long as short
Hyperliquid SUI+0.0648%1h1.0348−0.029%$74.1M$80.2M10xas long as short
Aftermath Perps SUIUSD+0.0796%1h1.0303−0.463%$94K$381K10xas long as short