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−0.0128%/8h= −14.0% APRnext payment $0.16 per $10,000 · paid last 24h −0.082%
Price spread now: Popdex against Coinbase International−0.469%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$450.452% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.289%−$29 on $10k
Price spread, last 3 days (all we have)+0.408%+$41 · spread now −0.469%, 7d avg −0.105%
Together, before fees+0.118%+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Popdex is 0.364% cheaper against Coinbase International than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.105%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SUI-PERP-INTX1.04410.0224pay 0.0028% / 1h1m 08s$1.0M$14.1M50x
ShortPopdex SUIUSDT1.03920.0096get 0.0012% / 1h1m 08s$41K$493K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$26.88
Price spread: −0.469% → −0.105%
−$36.38
Slippage, 4 orders
−$28.78
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$108.44
Costs to cover
0.452%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Popdex: live order book, 13 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, 3 min ago6.25 bp16.2 bp −$1622.6 bp −$226doesn't fitdoesn't fit
Sell Popdex live order book, 13 min ago2.13 bp8.8 bp −$925.8 bp −$258doesn'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%1h1.0260−1.734%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0370%1h1.0398−0.415%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0368%1h1.0386−0.529%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0061%1h1.0428−0.125%$598K$407K25xas long as short
dYdX SUI-USD0.0000%1h1.0395−0.445%$95K$175K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0406−0.338%$468K$5.2M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0405−0.343%$120K150xas long as short
01 Exchange SUIUSD+0.0088%1h1.0395−0.441%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0442+0.010%$802K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0443+0.020%$263K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDTshort+0.0096%1h1.0392−0.469%$41K$493K50x
Orderly PERP_SUI_USDC+0.0100%8h1.0436−0.048%$46K$327K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0390−0.486%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0392−0.465%$658K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0428−0.125%$1.0M$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0393−0.457%$225K$259K10xas long as short
Binance SUIUSDT+0.0100%8h1.0440−0.006%$154.9M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0440−0.006%$104.9M$308.1M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0444+0.029%$41.9M$391.7M50xas long as short
Arcus SUI-USD+0.0100%1h1.0390−0.488%$46K$387K10xas long as short
Gate SUI_USDT+0.0100%8h1.0446+0.048%$168.5M$81.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0443+0.019%$152.7M$293.2M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0433−0.077%$51.5M$52.8M75xas long as short
Bitget SUIUSDT+0.0100%8h1.04410.000%$69.0M$168.0M75xas long as short
BingX SUI-USDC+0.0100%8h1.0445+0.038%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0448+0.067%$675K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0392−0.468%$2.3M$2.9Mas long as short
edgeX SUIUSDC+0.0100%4h1.0390−0.485%$169K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0382−0.568%$446K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0393−0.460%$236K$444K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0405−0.345%$109K$772K10xas long as short
SunX SUI-USDT+0.0100%8h1.0415−0.249%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0434−0.067%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0435−0.057%$654K$18.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0430−0.105%$11.7M$25.0M50xas long as short
Bulk SUI-USD+0.0100%1h1.0379−0.597%$244K$2K10xas long as short
Extended SUI-USD+0.0104%1h1.0434−0.062%$1.5M$3.8M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0441−0.004%$49K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0434−0.067%$8.0M$24.4M100xas long as short
Coinbase International SUI-PERP-INTXlong+0.0224%1h1.0441long leg$1.0M$14.1M50x
Deribit SUI_USDC-PERPETUAL+0.0229%1h1.0445+0.038%$203K$587K25xas long as short
Kraken Futures PF_SUIUSD+0.0270%1h1.0443+0.018%$7.3M$24.3M50xas long as short
Phoenix SUI+0.0327%1h1.0412−0.276%$207K$593K10xas long as short
Hyperliquid SUI+0.0617%1h1.0458+0.163%$76.0M$81.0M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0638% / S −0.0305%1h1.0405−0.349%$901K100xas long as short
Aftermath Perps SUIUSD+0.0838%1h1.0390−0.489%$94K$382K10xas long as short