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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.083%
Price spread now: SunX against Coinbase International+0.039%57s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1381.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.343%−$34 on $10k
Price spread, last 3 days (all we have)+0.065%+$7 · spread now +0.039%, 7d avg +0.003%
Together, before fees−0.278%−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.036% dearer against Coinbase International than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of +0.003%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SUI-PERP-INTX1.01600.0216pay 0.0027% / 1h27m 25s$972K$13.7M50x
ShortSunX SUI-USDT1.01640.0100get 0.0100% / 8h2h 27m$2K$1.9M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$24.36
Price spread: +0.039% → +0.003%
$3.6
Slippage, 4 orders
−$119.87
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$158.63
Costs to cover
1.379%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; SunX: live order book, 8 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, 2 min ago3.94 bp11.8 bp −$1220.2 bp −$202doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago29.96 bp69.1 bp −$69doesn't fitdoesn'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−0.2398%1h1.0145−0.148%$42K$123K12xas long as short
Hibachi SUI/USDT-P−0.0504%1h1.0140−0.195%$6K$18K7xas long as short
Reya SUIRUSDPERP−0.0366%1h1.0151−0.086%$4K$3K20xas long as short
Bluefin SUI-PERP−0.0137%1h1.0142−0.177%$581K$405K25xas long as short
Kraken Futures PF_SUIUSD−0.0022%1h1.0150−0.099%$6.8M$23.7M50xas long as short
dYdX SUI-USD0.0000%1h1.0149−0.112%$93K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0152−0.074%$454K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0158−0.020%$185K$546K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0154−0.059%$117K150xas long as short
Lighter SUI+0.0096%1h1.0150−0.101%$768K$5.9M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0156−0.036%$251K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0151−0.089%$35K$503K50xas long as short
Orderly PERP_SUI_USDC+0.0098%8h1.0154−0.059%$44K$377K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0153−0.072%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0152−0.074%$591K$1.3M10xas long as short
Hyperliquid SUI+0.0100%1h1.01600.000%$72.3M$81.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0153−0.069%$980K$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0153−0.067%$219K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0155−0.049%$150.4M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0156−0.036%$101.9M$306.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0154−0.059%$40.7M$380.6M50xas long as short
Arcus SUI-USD+0.0100%1h1.0150−0.098%$146K$297K10xas long as short
Bulk SUI-USD+0.0100%1h1.0155−0.044%$239K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0154−0.059%$163.3M$81.1M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0153−0.069%$147.6M$297.9M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0152−0.079%$52.9M$51.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0149−0.108%$66.7M$169.2M75xas long as short
BingX SUI-USDT+0.0100%8h1.0155−0.049%$81.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0147−0.128%$639K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0147−0.128%$2.2M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0148−0.121%$163K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0133−0.270%$445K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0145−0.148%$230K$444K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0157−0.030%$106K$784K10xas long as short
SunX SUI-USDTshort+0.0100%8h1.0164+0.039%$2K$1.9M30x
SoDEX SUI-USD+0.0100%1h1.0154−0.059%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0144−0.157%$624K$18.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0148−0.118%$11.4M$24.4M50xas long as short
Extended SUI-USD+0.0104%1h1.0151−0.090%$1.4M$3.7M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0152−0.079%$9K$9K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0156−0.038%$48K$37K3xas long as short
Coinbase International SUI-PERP-INTXlong+0.0216%1h1.0160long leg$972K$13.7M50x
BloFin SUI-USDT+0.0220%8h1.0147−0.128%$8.0M$23.6M100xas long as short
Phoenix SUI+0.0290%1h1.0141−0.189%$183K$578K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0629% / S −0.0300%1h1.0153−0.064%$870K100xas long as short
Aftermath Perps SUIUSD+0.0716%1h1.0153−0.074%$92K$378K10xas long as short