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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%
Price spread now: Popdex against gTrade (Gains Network)−0.019%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$2952.953% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.090%+$9 on $10k
Price spread, last 3 days (all we have)+0.056%+$6 · spread now −0.019%, 7d avg +0.005%
Together, before fees+0.146%+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.024% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.005%). If the spread goes back, that is −$2 on $10k: about 21 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) SUI/USD1.0409L +0.0003% / S −0.0003%pay 0.0000% / 1h3m 03s$113K150x
ShortPopdex SUIUSDT1.04070.0096get 0.0012% / 1h3m 03s$31K$500K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against gTrade (Gains Network). 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
$19.58
Price spread: −0.019% → +0.005%
−$2.39
Slippage, 4 orders
−$278.9
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$278.11
Costs to cover
2.953%
Break-even
106.4 days
Slippage from gTrade (Gains Network): virtual book (oracle venue), 1 min ago; Popdex: live order book, 1 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 gTrade (Gains Network) virtual book (oracle venue), 1 min ago130.04 bp142.8 bp −$143977.3 bp −$9,77310438.7 bp −$1.04Mdoesn't fit
Sell Popdex live order book, 1 min ago2.40 bp8.6 bp −$931.5 bp −$315doesn't fitdoesn't fit

SUI on 45 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−0.4499%1h1.0252−1.508%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0373%1h1.0399−0.097%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0280%1h1.0404−0.045%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0408−0.009%$95K$169K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0413+0.034%$519K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0418+0.086%$202K$577K25xas long as short
gTrade (Gains Network) SUI/USDlongL +0.0003% / S −0.0003%1h1.0409long leg$113K150x
Kraken Futures PF_SUIUSD+0.0011%1h1.0423+0.138%$6.8M$26.9M50xas long as short
Bluefin SUI-PERP+0.0060%1h1.0404−0.048%$595K$414K25xas long as short
Lighter SUI+0.0096%1h1.0420+0.106%$821K$5.7M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0420+0.106%$278K$2.1M10xas long as short
Popdex SUIUSDTshort+0.0096%1h1.0407−0.019%$31K$500K50x
Paradex SUI-USD-PERP+0.0100%8h1.0409−0.004%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.04090.000%$735K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0420+0.105%$914K$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0410+0.011%$227K$268K10xas long as short
Binance SUIUSDT+0.0100%8h1.0383−0.250%$151.9M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0385−0.229%$103.2M$309.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0384−0.240%$41.0M$387.0M50xas long as short
Arcus SUI-USD+0.0100%1h1.0410+0.010%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0351−0.557%$243K$4K10xas long as short
Gate SUI_USDT+0.0100%8h1.0393−0.154%$164.6M$84.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0392−0.163%$150.7M$301.4M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0416+0.067%$50.8M$53.8M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0379−0.288%$67.6M$170.1M75xas long as short
BingX SUI-USDT+0.0100%8h1.0392−0.163%$82.1Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0388−0.202%$710K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0364−0.435%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0360−0.472%$169K$4.7M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0371−0.366%$446K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0357−0.500%$236K$472K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0418+0.086%$120K$722K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0414+0.048%$47K$243K20xas long as short
SunX SUI-USDT+0.0100%8h1.0420+0.106%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0423+0.134%$6K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0410+0.010%$603K$19.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0397−0.115%$11.6M$25.9M50xas long as short
Extended SUI-USD+0.0104%1h1.0415+0.057%$1.4M$4.1M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.04090.000%$9K$3K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0419+0.100%$40K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0152%1h1.0425+0.154%$987K$14.6M50xas long as short
Phoenix SUI+0.0221%1h1.0371−0.362%$206K$595K10xas long as short
Hyperliquid SUI+0.0291%1h1.0397−0.115%$74.8M$80.1M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0627% / S −0.0278%1h1.0400−0.082%$982K100xas long as short
Aftermath Perps SUIUSD+0.1091%1h1.0394−0.147%$82K$383K10xas long as short