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+0.0100%/8h= +10.9% APRpaid last 24h −0.013%
Price spread now: GRVT against Deribit+0.158%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$310.306% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 3 days (all we have)−0.403%−$40 · spread now +0.158%, 7d avg −0.071%
Together, before fees−0.417%+ Points / potential airdropGRVT: Active · farm board−$42 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 GRVT is 0.229% dearer against Deribit than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SUI_USDC-PERPETUAL1.02520get 0.0000% / 1h21m 22s$190K$562K25x
ShortGRVT SUI_USDT_Perp1.02680.0100get 0.0100% / 8h1h 21m$445K$7.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.158% → −0.071%
$22.87
Slippage, 4 orders
−$14.6
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$13.27
Costs to cover
0.306%
Break-even
2.6 days
Slippage from Deribit: live order book, 62 min ago; GRVT: live order book, 3 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, 62 min ago3.44 bp7.7 bp −$814.5 bp −$145doesn't fitdoesn't fit
Sell GRVT live order book, 3 min ago0.49 bp7.4 bp −$713.9 bp −$139doesn'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−0.2926%1h1.0140−1.092%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0368%1h1.0245−0.065%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0216%1h1.0255+0.027%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0204%1h1.0239−0.127%$587K$405K25xas long as short
dYdX SUI-USD0.0000%1h1.0260+0.074%$94K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0263+0.108%$457K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUALlong0.0000%1h1.0252long leg$190K$562K25x
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0248−0.039%$119K150xas long as short
Lighter SUI+0.0096%1h1.0263+0.104%$787K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0267+0.141%$259K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0254+0.020%$38K$500K50xas long as short
Orderly PERP_SUI_USDC+0.0098%8h1.0247−0.049%$45K$371K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0254+0.017%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0253+0.015%$592K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0252−0.005%$1.0M$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0260+0.078%$223K$263K10xas long as short
Binance SUIUSDT+0.0100%8h1.0250−0.020%$150.9M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0252−0.002%$102.8M$307.1M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0250−0.020%$40.8M$383.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0260+0.078%$45K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0242−0.098%$241K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0247−0.049%$164.8M$80.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0246−0.059%$148.2M$296.9M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0244−0.078%$51.5M$52.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0245−0.068%$67.3M$168.5M75xas long as short
BingX SUI-USDC+0.0100%8h1.0248−0.039%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0262+0.098%$654K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0256+0.041%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.02520.000%$165K$4.5M20xas long as short
GRVT SUI_USDT_Perpshort+0.0100%8h1.0268+0.158%$445K$7.0M10x
ApeX Omni SUIUSDT+0.0100%1h1.0259+0.068%$233K$441K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0254+0.020%$107K$793K10xas long as short
SunX SUI-USDT+0.0100%8h1.0259+0.068%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0250−0.020%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.02520.000%$626K$18.6M75xas long as short
Phemex SUIUSDT+0.0100%8h1.02520.000%$11.5M$24.7M50xas long as short
Extended SUI-USD+0.0104%1h1.0248−0.044%$1.4M$3.7M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0258+0.059%$9K$9K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0250−0.016%$48K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0248−0.039%$7.9M$23.8M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0261+0.088%$967K$13.9M50xas long as short
Kraken Futures PF_SUIUSD+0.0296%1h1.0254+0.018%$7.1M$24.2M50xas long as short
Phoenix SUI+0.0346%1h1.0275+0.229%$203K$574K10xas long as short
Hyperliquid SUI+0.0524%1h1.0260+0.078%$73.2M$80.5M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0635% / S −0.0309%1h1.0247−0.050%$895K100xas long as short
Aftermath Perps SUIUSD+0.0734%1h1.0258+0.058%$94K$382K10xas long as short