SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.066%

Price spread now: Bluefin against Deribit−0.095%7-day average −0.156% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$440.443% of the position

Long on Deribit Short on Bluefin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.095%, 7d avg −0.156%

Together, before fees+0.032%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bluefin is 0.061% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.156%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SUI_USDC-PERPETUAL	1.0478	0	get 0.0000% / 1h	32m 21s	$203K	$575K	25x
Short	Bluefin SUI-PERP	1.0468	0.0100	get 0.0013% / 1h	32m 21s	$599K	$407K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bluefin against Deribit. 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

Position, each leg$Hold fordaysFee DeribitbpFee BluefinbpOrdersPrice spread, now −0.095%Rate

Funding earned: $21
Price spread: −0.095% → −0.156%: $6.09
Slippage, 4 orders: −$30.29
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Bluefin: 3.5 bp × 2 orders: −$7
Net: −$17.2
Costs to cover: 0.443%
Break-even: 12.7 days

Slippage from Deribit: live order book, 31 min ago; Bluefin: live order book, 32 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 Deribit live order book, 31 min ago	3.36 bp	6.9 bp −$7	13.5 bp −$135	doesn't fit	doesn't fit
Sell Bluefin live order book, 32 min ago	2.40 bp	13.2 bp −$13	58.8 bp −$588	doesn't fit	doesn't fit

SUI on 46 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	−0.3542%	1h	1.0276	−1.928%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0374%	1h	1.0483	+0.046%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0224%	1h	1.0472	−0.059%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0493	+0.142%	$96K	$168K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0511	+0.318%	$518K	$4.7M	2.5x	as long as short
Deribit SUI_USDC-PERPETUALlong	0.0000%	1h	1.0478	long leg	$203K	$575K	25x
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0486	+0.076%	$115K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0481	+0.031%	$834K	$5.6M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0482	+0.042%	$283K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0498	+0.191%	$33K	$499K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex SUI-USD-PERP	+0.0100%	8h	1.0494	+0.155%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0481	+0.029%	$724K	$1.9M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0495	+0.166%	$922K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0496	+0.168%	$229K	$262K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0489	+0.101%	$153.8M	$1.02B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0485	+0.067%	$103.9M	$307.4M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0474	−0.038%	$41.5M	$386.3M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0500	+0.210%	$45K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0420	−0.558%	$245K	$4K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0488	+0.095%	$166.4M	$82.8M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0485	+0.067%	$152.0M	$292.2M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0486	+0.076%	$51.5M	$53.5M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0473	−0.048%	$68.5M	$168.1M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0488	+0.095%	—	$82.0M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0475	−0.029%	$699K	$1.3M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0420	−0.549%	$2.4M	$3.2M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0417	−0.581%	$170K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0431	−0.447%	$448K	$7.5M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0425	−0.506%	$236K	$469K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0509	+0.296%	$123K	$717K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0477	−0.010%	$48K	$236K	20x	as long as short
Bluefin SUI-PERPshort	+0.0100%	1h	1.0468	−0.095%	$599K	$407K	25x
SunX SUI-USDT	+0.0100%	8h	1.0499	+0.200%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0478	0.000%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0479	+0.010%	$601K	$19.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0483	+0.048%	$11.7M	$26.1M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0472	−0.057%	$1.5M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0482	+0.041%	$40K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0144%	1h	1.0500	+0.210%	$9K	$3K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0176%	1h	1.0492	+0.134%	$1.0M	$14.8M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0468	−0.095%	$8.0M	$25.0M	100x	as long as short
Kraken Futures PF_SUIUSD	+0.0287%	1h	1.0480	+0.021%	$6.8M	$26.9M	50x	as long as short
Phoenix SUI	+0.0362%	1h	1.0411	−0.642%	$211K	$561K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0622% / S −0.0272%	1h	1.0485	+0.070%	$977K	—	100x	as long as short
Hyperliquid SUI	+0.0681%	1h	1.0502	+0.229%	$76.5M	$80.3M	10x	as long as short
Aftermath Perps SUIUSD	+0.1300%	1h	1.0444	−0.320%	$83K	$385K	10x	as long as short