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+0.0344%/8h= +37.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.188%
Price spread now: Popdex against Hibachi−0.120%53s7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Funding pays, the price is against you. Popdex is 0.120% cheaper against Hibachi than usual: you would sell low and buy high (spread −0.120% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 28 hours of funding at the current rate (+$10 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi SUI/USDT-P1.0255−0.0248get 0.0031% / 1h12m 31s$6K$19K7x
ShortPopdex SUIUSDT1.02430.0096get 0.0012% / 1h12m 31s$37K$500K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against Hibachi. 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
$72.24
Price spread: −0.120% → 0.000%
−$12.02
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
$44.82
Costs to cover
0.154%
Break-even
2.7 days
Slippage unknown: Hibachi: no order-book sample; Popdex: live order book, 6 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 Hibachi no order-book sample
Sell Popdex live order book, 6 min ago2.59 bp7.8 bp −$818.2 bp −$182doesn't fitdoesn't fit
Hibachi: 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−0.2926%1h1.0140−1.125%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0368%1h1.0231−0.240%$4K$3K20xas long as short
Hibachi SUI/USDT-Plong−0.0248%1h1.0255long leg$6K$19K7x
Bluefin SUI-PERP−0.0163%1h1.0225−0.296%$586K$404K25xas long as short
dYdX SUI-USD0.0000%1h1.0243−0.121%$93K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0253−0.023%$457K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0238−0.169%$190K$575K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0234−0.209%$118K150xas long as short
Lighter SUI+0.0096%1h1.0245−0.102%$786K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0249−0.058%$258K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDTshort+0.0096%1h1.0243−0.120%$37K$500K50x
Orderly PERP_SUI_USDC+0.0099%8h1.0235−0.198%$45K$350K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0243−0.119%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0240−0.149%$591K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0246−0.087%$1.0M$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0247−0.083%$222K$264K10xas long as short
Binance SUIUSDT+0.0100%8h1.0243−0.120%$150.7M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0245−0.103%$102.6M$307.2M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0245−0.101%$41.1M$382.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0240−0.149%$45K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0244−0.109%$241K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0243−0.120%$164.7M$80.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0244−0.110%$148.9M$297.4M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0243−0.120%$51.5M$52.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0238−0.169%$67.3M$168.2M75xas long as short
BingX SUI-USDC+0.0100%8h1.0245−0.101%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0236−0.188%$653K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0250−0.050%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0238−0.174%$165K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0243−0.120%$441K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0241−0.140%$232K$442K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0242−0.130%$107K$793K10xas long as short
SunX SUI-USDT+0.0100%8h1.0249−0.062%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0237−0.179%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0232−0.227%$630K$18.6M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0242−0.130%$11.5M$24.7M50xas long as short
Extended SUI-USD+0.0104%1h1.0240−0.145%$1.4M$3.7M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0247−0.081%$9K$9K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0237−0.181%$48K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0234−0.208%$7.9M$23.8M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0244−0.110%$971K$13.9M50xas long as short
Kraken Futures PF_SUIUSD+0.0297%1h1.0240−0.153%$7.1M$24.2M50xas long as short
Phoenix SUI+0.0346%1h1.0257+0.012%$203K$574K10xas long as short
Hyperliquid SUI+0.0529%1h1.0256+0.007%$73.2M$80.5M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0636% / S −0.0309%1h1.0233−0.221%$894K100xas long as short
Aftermath Perps SUIUSD+0.0744%1h1.0252−0.030%$93K$381K10xas long as short