Funding you earn now, next payment 01:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h −0.074%
Price spread now: Polymarket Perps against Coinbase International−0.288%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$470.468% of the position
Funding, last 7 days−0.435%−$43 on $10k
+Price spread, last 3 days (all we have)+0.262%+$26 · spread now −0.288%, 7d avg −0.060%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.228% cheaper against Coinbase International than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SUI-PERP-INTX | 1.0420 | 0.0152 | pay 0.0019% / 1h | 28m 01s | $1.0M | $14.7M | 50x |
| Short | Polymarket Perps SUI-USD | 1.0390 | 0.0100 | get 0.0013% / 1h | 28m 01s | $120K | $727K | 10x |
Coinbase International SUI-PERP-INTX
Polymarket Perps SUI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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 itlatest
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: −0.288% → −0.060%
- −$22.77
- Slippage, 4 orders
- −$28.77
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$80.46
- Costs to cover
- 0.468%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Polymarket Perps: live order book, 40 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 1 min ago | 3.86 bp | 16.6 bp −$17 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 40 min ago | 2.32 bp | 8.9 bp −$9 | 9.4 bp −$94 | doesn't fit | doesn't fit |
SUI on 45 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SUI/USDC PERP | −0.4499% | 1h | 1.0211 | −2.006% | $42K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0448% | 1h | 1.0348 | −0.691% | $6K | $19K | 7x | as long as short |
| Reya SUIRUSDPERP | −0.0372% | 1h | 1.0383 | −0.355% | $4K | $3K | 20x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0369 | −0.486% | $94K | $171K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0402 | −0.177% | $500K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0415 | −0.048% | $202K | $579K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0403 | −0.167% | $113K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0011% | 1h | 1.0420 | −0.004% | $6.8M | $27.0M | 50x | as long as short |
| Bluefin SUI-PERP | +0.0080% | 1h | 1.0400 | −0.192% | $595K | $414K | 25x | as long as short |
| 01 Exchange SUIUSD | +0.0088% | 1h | 1.0378 | −0.403% | $9K | $3K | 10x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Reya SUIRUSDPERP
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
Bluefin SUI-PERP
01 Exchange SUIUSDShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SUI | +0.0096% | 1h | 1.0416 | −0.034% | $822K | $5.7M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0416 | −0.036% | $277K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0376 | −0.422% | $30K | $493K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0404 | −0.150% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0378 | −0.398% | $751K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0415 | −0.051% | $917K | $5.0M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0372 | −0.462% | $226K | $269K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0416 | −0.034% | $152.5M | $1.05B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0417 | −0.027% | $103.6M | $312.9M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0412 | −0.077% | $41.0M | $394.0M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0380 | −0.384% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0354 | −0.633% | $244K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0414 | −0.058% | $164.4M | $84.1M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0411 | −0.086% | $149.8M | $298.9M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0416 | −0.038% | $51.8M | $53.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0411 | −0.086% | $67.9M | $172.2M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0411 | −0.086% | — | $82.4M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0414 | −0.058% | $693K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0337 | −0.798% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0348 | −0.692% | $169K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0348 | −0.693% | $450K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0348 | −0.691% | $236K | $507K | 50x | as long as short |
| Polymarket Perps SUI-USDshort | +0.0100% | 1h | 1.0390 | −0.288% | $120K | $727K | 10x | |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0408 | −0.115% | $47K | $258K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0380 | −0.384% | $3K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0413 | −0.067% | $7K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0401 | −0.182% | $659K | $19.7M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0396 | −0.230% | $11.5M | $25.7M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0409 | −0.102% | $1.4M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0414 | −0.058% | $40K | $16K | 3x | as long as short |
| Hyperliquid SUI | +0.0125% | 1h | 1.0432 | +0.115% | $74.6M | $80.7M | 10x | as long as short |
| Coinbase International SUI-PERP-INTXlong | +0.0152% | 1h | 1.0420 | long leg | $1.0M | $14.7M | 50x | |
| Phoenix SUI | +0.0221% | 1h | 1.0388 | −0.303% | $206K | $595K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0614% / S −0.0268% | 1h | 1.0397 | −0.216% | $968K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1013% | 1h | 1.0375 | −0.436% | $78K | $378K | 10x | as long as short |
Lighter SUI
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDT
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD