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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0314%/8h= +34.4% APRpaid last 24h +0.108%
Price spread now: Hyperliquid against edgeX−0.024%7-day average +0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.157%+$16 on $10k
Price spread, last 7 days+0.049%+$5 · spread now −0.024%, 7d avg +0.105%
Together, before fees+0.206%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.128% cheaper against edgeX than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.105%). If the spread goes back, that is −$13 on $10k: about 33 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.157% in total) that is about 5.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.157% in total (about 8.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SUIUSDC1.06810.0100pay 0.0050% / 4h3h 19m$174K$4.6M20x
ShortHyperliquid SUI1.06780.0414get 0.0052% / 1h19m 06s$77.2M$79.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against edgeX. 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
$66.04
Price spread: −0.024% → +0.105%
−$12.82
Slippage, 4 orders
−$7.94
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$27.27
Costs to cover
0.259%
Break-even
4.1 days
Slippage from edgeX: live order book, 5 min ago; Hyperliquid: live order book, 5 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 edgeX live order book, 5 min ago1.88 bp6.4 bp −$69.7 bp −$97doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago1.40 bp5.9 bp −$68.6 bp −$86doesn'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−0.3416%1h1.0391−2.711%$43K$123K12xas long as short
Bluefin SUI-PERP−0.0497%1h1.0676−0.042%$613K$411K25xas long as short
Hibachi SUI/USDT-P−0.0472%1h1.0666−0.132%$6K$18K7xas long as short
Reya SUIRUSDPERP−0.0371%1h1.0691+0.102%$4K$3K20xas long as short
Phemex SUIUSDT−0.0128%8h1.0671−0.089%$11.9M$25.2M50xas long as short
dYdX SUI-USD0.0000%1h1.0700+0.181%$97K$170K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0695+0.136%$530K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0697+0.154%$208K$582K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0698+0.160%$118K150xas long as short
Kraken Futures PF_SUIUSD+0.0038%1h1.0682+0.015%$7.4M$24.1M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0056%1h1.0700+0.182%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0677−0.029%$834K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0684+0.037%$282K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0694+0.126%$31K$480K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0692+0.107%$50K$310K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0730+0.460%$28K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0694+0.121%$681K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0688+0.071%$1.0M$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0695+0.135%$234K$251K10xas long as short
Binance SUIUSDT+0.0100%8h1.0665−0.149%$158.0M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0662−0.177%$106.3M$306.1M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0655−0.239%$42.4M$394.7M50xas long as short
Arcus SUI-USD+0.0100%1h1.0700+0.182%$47K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0564−1.089%$248K$1K10xas long as short
Gate SUI_USDT+0.0100%8h1.0668−0.117%$174.8M$82.2M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0666−0.136%$156.5M$299.0M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0665−0.145%$51.8M$53.0M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0659−0.202%$69.7M$167.9M75xas long as short
BingX SUI-USDC+0.0100%8h1.0663−0.164%$6.6Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0666−0.136%$678K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0701+0.189%$2.5M$2.9Mas long as short
edgeX SUIUSDClong+0.0100%4h1.0681long leg$174K$4.6M20x
GRVT SUI_USDT_Perp+0.0100%8h1.0659−0.200%$461K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0682+0.014%$238K$493K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0702+0.201%$122K$749K10xas long as short
SunX SUI-USDT+0.0100%8h1.0708+0.257%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0675−0.052%$6K$2.2M10xas long as short
HTX SUI-USDT+0.0100%8h1.0670−0.099%$666K$18.9M75xas long as short
Extended SUI-USD+0.0104%1h1.0688+0.066%$1.5M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0682+0.014%$41K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0698+0.164%$1.0M$14.8M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0667−0.127%$8.2M$25.1M100xas long as short
Phoenix SUI+0.0299%1h1.0682+0.017%$211K$590K10xas long as short
Hyperliquid SUIshort+0.0414%1h1.0678−0.024%$77.2M$79.0M10x
GMX SUI/USD [ETH-USDC]L +0.0635% / S −0.0314%1h1.0697+0.156%$913K100xas long as short
Aftermath Perps SUIUSD+0.0944%1h1.0651−0.276%$79K$379K10xas long as short