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

SUI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0589%/8h= −64.5% APRpaid last 24h −0.106%
Price spread now: Aster against Hyperliquid−0.087%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as 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−0.151%−$15 on $10k
Price spread, last 7 days+0.196%+$20 · spread now −0.087%, 7d avg −0.043%
Together, before fees+0.046%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Aster is 0.044% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.043%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% 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
LongHyperliquid SUI1.03720.0689pay 0.0086% / 1h37m 39s$74.8M$80.8M10x
ShortAster SUIUSDT1.03630.0100get 0.0100% / 8h37m 39s$1.0M$4.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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
−$123.67
Price spread: −0.087% → −0.043%
−$4.4
Slippage, 4 orders
−$13.6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$158.67
Costs to cover
0.306%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; Aster: 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 Hyperliquid live order book, 6 min ago0.48 bp6.1 bp −$610.9 bp −$109doesn't fitdoesn't fit
Sell Aster live order book, 1 min ago1.93 bp9.5 bp −$927.3 bp −$273doesn'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−0.3474%1h1.0207−1.591%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0369%1h1.0352−0.189%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0336%1h1.0352−0.197%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0008%1h1.0344−0.270%$593K$407K25xas long as short
dYdX SUI-USD0.0000%1h1.0356−0.151%$114K$86K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0370−0.015%$463K$5.3M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0358−0.135%$201K$581K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0356−0.151%$120K150xas long as short
Lighter SUI+0.0096%1h1.0360−0.116%$797K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0360−0.111%$261K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0355−0.164%$39K$496K50xas long as short
Orderly PERP_SUI_USDC+0.0099%8h1.0355−0.164%$46K$329K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0357−0.147%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0362−0.092%$598K$1.4M10xas long as short
Aster SUIUSDTshort+0.0100%8h1.0363−0.087%$1.0M$4.6M75x
Pacifica SUI+0.0100%1h1.0359−0.126%$225K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0356−0.151%$152.3M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0356−0.151%$103.6M$306.7M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0352−0.193%$41.4M$386.6M50xas long as short
Arcus SUI-USD+0.0100%1h1.0360−0.116%$46K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0352−0.193%$243K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0356−0.154%$165.8M$81.1M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0362−0.096%$150.0M$290.3M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0355−0.164%$51.7M$52.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0351−0.202%$68.0M$167.8M75xas long as short
BingX SUI-USDC+0.0100%8h1.0356−0.154%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0357−0.145%$660K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0356−0.152%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0352−0.195%$168K$4.4M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0363−0.090%$455K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0359−0.125%$235K$442K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0366−0.058%$108K$775K10xas long as short
SunX SUI-USDT+0.0100%8h1.0369−0.029%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0354−0.174%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0354−0.174%$641K$18.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0352−0.193%$11.6M$24.8M50xas long as short
Extended SUI-USD+0.0104%1h1.0352−0.191%$1.4M$3.8M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0360−0.116%$9K$9K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0357−0.145%$49K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0353−0.183%$8.0M$24.2M100xas long as short
Coinbase International SUI-PERP-INTX+0.0224%1h1.0367−0.048%$985K$14.0M50xas long as short
Kraken Futures PF_SUIUSD+0.0273%1h1.0359−0.124%$7.2M$24.1M50xas long as short
Phoenix SUI+0.0327%1h1.0372−0.005%$206K$593K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0640% / S −0.0309%1h1.0356−0.158%$905K100xas long as short
Hyperliquid SUIlong+0.0689%1h1.0372long leg$74.8M$80.8M10x
Aftermath Perps SUIUSD+0.0836%1h1.0364−0.077%$94K$381K10xas long as short