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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0519%/8h= −56.9% APRnext payment $0.65 per $10,000 · paid last 24h −0.133%
Price spread now: Popdex against GMX−0.080%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.382%−$38 on $10k
Price spread, last 4 days (all we have)+0.120%+$12 · spread now −0.080%, 7d avg −0.015%
Together, before fees−0.263%−$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Popdex is 0.065% cheaper against GMX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SUI/USD [ETH-USDC]1.0431L +0.0615% / S −0.0267%pay 0.0077% / 1h44m 25s$962K100x
ShortPopdex SUIUSDT1.04230.0096get 0.0012% / 1h44m 25s$40K$516K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against GMX. 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
−$109.04
Price spread: −0.080% → −0.015%
−$6.49
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$133.93
Costs to cover
0.184%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Popdex: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Popdex live order book, 14 min ago5.68 bp14.2 bp −$1431.1 bp −$311doesn't fitdoesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3244%1h1.0316−1.105%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0375%1h1.0426−0.054%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0296%1h1.0386−0.439%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0389−0.405%$130K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0393−0.370%$520K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0390−0.396%$202K$574K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0430−0.011%$114K150xas long as short
Lighter SUI+0.0096%1h1.0409−0.212%$829K$5.5M10xas long as short
Lighter RH SUI+0.0096%1h1.0385−0.447%$297K$2.2M10xas long as short
Popdex SUIUSDTshort+0.0096%1h1.0423−0.080%$40K$516K50x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0392−0.376%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0417−0.137%$691K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0410−0.200%$911K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0396−0.341%$225K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0429−0.022%$151.9M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0430−0.012%$103.1M$310.5M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0427−0.041%$41.4M$389.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0420−0.108%$45K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0390−0.396%$244K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0428−0.032%$166.1M$82.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0426−0.051%$151.3M$293.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0422−0.089%$50.1M$54.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0423−0.080%$68.2M$171.5M75xas long as short
BingX SUI-USDT+0.0100%8h1.0431−0.003%$82.4Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0387−0.425%$679K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0394−0.362%$2.4M$3.3Mas long as short
edgeX SUIUSDC+0.0100%4h1.0403−0.269%$170K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0403−0.270%$458K$7.7M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0404−0.262%$232K$486K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0416−0.147%$124K$756K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0428−0.032%$48K$194K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0410−0.204%$596K$401K25xas long as short
SunX SUI-USDT+0.0100%8h1.0406−0.243%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0385−0.444%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0389−0.406%$572K$19.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0392−0.377%$11.9M$26.6M50xas long as short
Extended SUI-USD+0.0104%1h1.0404−0.259%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0429−0.023%$40K$11K3xas long as short
01 Exchange SUIUSD+0.0112%1h1.0419−0.118%$9K$3K10xas long as short
Kraken Futures PF_SUIUSD+0.0162%1h1.0387−0.423%$6.9M$27.0M50xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0394−0.358%$998K$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0396−0.338%$8.0M$25.0M100xas long as short
Phoenix SUI+0.0390%1h1.0402−0.284%$211K$421K10xas long as short
Hyperliquid SUI+0.0453%1h1.0435+0.035%$75.8M$81.6M10xas long as short
GMX SUI/USD [ETH-USDC]longL +0.0615% / S −0.0267%1h1.0431long leg$962K100x
Aftermath Perps SUIUSD+0.1553%1h1.0429−0.021%$83K$396K10xas long as short