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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.016%
Price spread now: Bulk against Deribit−0.250%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.250%, 7d avg +0.036%
Together, before fees+0.136%+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bulk is 0.286% cheaper against Deribit than usual: you would sell low and buy high (spread −0.250% now, against its 7-day average of +0.036%). If the spread goes back, that is −$29 on $10k: about 9.5 days of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.001% in total) that is about years.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SUI_USDC-PERPETUAL1.01960get 0.0000% / 1h45m 18s$196K$559K25x
ShortBulk SUI-USD1.01710.0100get 0.0013% / 1h45m 18s$239K$45410x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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

Funding earned
$21
Price spread: −0.250% → +0.036%
−$28.61
Slippage, 4 orders
−$10.85
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$32.46
Costs to cover
0.249%
Break-even
17.8 days
Slippage from Deribit: live order book, 58 min ago; Bulk: live order book, 59 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 Deribit live order book, 58 min ago4.93 bp8.4 bp −$815.7 bp −$157doesn't fitdoesn't fit
Sell Bulk live order book, 59 min ago0.49 bp4.0 bp −$46.3 bp −$6316.8 bp −$1,67932.4 bp −$16.2K

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−0.2780%1h1.0068−1.255%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0381%1h1.0187−0.090%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0312%1h1.0187−0.090%$5K$20K7xas long as short
Bluefin SUI-PERP−0.0230%1h1.0178−0.177%$584K$427K25xas long as short
dYdX SUI-USD0.0000%1h1.0184−0.118%$95K$257K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0192−0.039%$378K$4.4M2.5xas long as short
Deribit SUI_USDC-PERPETUALlong0.0000%1h1.0196long leg$196K$559K25x
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0192−0.038%$115K150xas long as short
Lighter SUI+0.0096%1h1.0198+0.020%$768K$5.1M10xas long as short
Lighter RH SUI+0.0096%1h1.0198+0.021%$297K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0188−0.078%$40K$523K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0193−0.029%$47K$240K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0187−0.086%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0184−0.118%$687K$2.2M10xas long as short
Hyperliquid SUI+0.0100%1h1.0200+0.039%$73.5M$78.8M10xas long as short
Aster SUIUSDT+0.0100%8h1.0195−0.010%$899K$4.2M75xas long as short
Pacifica SUI+0.0100%1h1.0188−0.082%$217K$257K10xas long as short
Binance SUIUSDT+0.0100%8h1.0196−0.001%$146.9M$999.3M75xas long as short
Bybit SUIUSDT+0.0100%8h1.0197+0.010%$98.7M$311.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0197+0.010%$41.1M$370.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0190−0.059%$43K$330K10xas long as short
Bulk SUI-USDshort+0.0100%1h1.0171−0.250%$239K$45410x
Gate SUI_USDT+0.0100%8h1.0193−0.029%$168.5M$81.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0199+0.029%$156.0M$282.7M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.01960.000%$50.2M$52.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0195−0.010%$67.3M$169.5M75xas long as short
BingX SUI-USDC+0.0100%8h1.0199+0.029%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0197+0.010%$672K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0190−0.064%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0205+0.089%$164K$4.3M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0186−0.098%$445K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0201+0.049%$224K$368K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0197+0.010%$123K$561K10xas long as short
SunX SUI-USDT+0.0100%8h1.0207+0.108%$3K$1.6M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0195−0.010%$7K$1.7M10xas long as short
HTX SUI-USDT+0.0100%8h1.0195−0.010%$628K$18.4M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0198+0.020%$11.8M$28.2M50xas long as short
Extended SUI-USD+0.0104%1h1.0189−0.072%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0193−0.028%$39K$11K3xas long as short
Kraken Futures PF_SUIUSD+0.0118%1h1.0198+0.019%$6.8M$21.8M50xas long as short
01 Exchange SUIUSD+0.0152%1h1.0192−0.039%$8K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0199+0.029%$7.6M$24.5M100xas long as short
Coinbase International SUI-PERP-INTX+0.0328%1h1.01960.000%$1.0M$14.4M50xas long as short
Phoenix SUI+0.0393%1h1.0209+0.126%$202K$400K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0601% / S −0.0263%1h1.0194−0.020%$936K100xas long as short
Aftermath Perps SUIUSD+0.1314%1h1.0196−0.003%$82K$409K10xas long as short