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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0242%/8h= −26.6% APRpaid last 24h −0.111%
Price spread now: Bitget against Hyperliquid−0.333%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.241%−$24 on $10k
Price spread, last 7 days+0.310%+$31 · spread now −0.333%, 7d avg −0.090%
Together, before fees+0.070%+ Points / potential airdropHyperliquid: Season 2 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.243% cheaper against Hyperliquid than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.090%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SUI1.02180.0342pay 0.0043% / 1h9m 15s$73.5M$80.7M10x
ShortBitget SUIUSDT1.01840.0100get 0.0100% / 8h3h 09m$66.8M$174.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$50.92
Price spread: −0.333% → −0.090%
−$24.29
Slippage, 4 orders
−$9.21
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$105.43
Costs to cover
0.302%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; Bitget: 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 Hyperliquid live order book, 4 min ago0.49 bp6.7 bp −$712.0 bp −$120doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.98 bp9.2 bp −$913.3 bp −$13328.1 bp −$2,805doesn'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−0.3470%1h1.0136−0.803%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0377%1h1.0190−0.271%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0128%1h1.0219+0.005%$6K$19K7xas long as short
Kraken Futures PF_SUIUSD−0.0068%1h1.0185−0.322%$6.7M$24.8M50xas long as short
dYdX SUI-USD0.0000%1h1.0213−0.047%$128K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0185−0.319%$477K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0192−0.254%$198K$572K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0185−0.325%$114K150xas long as short
Bluefin SUI-PERP+0.0039%1h1.0176−0.411%$584K$407K25xas long as short
Lighter SUI+0.0096%1h1.0191−0.261%$769K$5.5M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0195−0.229%$303K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0211−0.069%$46K$517K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0219+0.009%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0211−0.064%$579K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0192−0.252%$878K$4.4M75xas long as short
Pacifica SUI+0.0100%1h1.0217−0.010%$221K$252K10xas long as short
Binance SUIUSDT+0.0100%8h1.0191−0.267%$145.0M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0188−0.294%$100.3M$308.7M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0188−0.294%$40.0M$384.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0210−0.078%$43K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0243+0.245%$241K$3K10xas long as short
Gate SUI_USDT+0.0100%8h1.0185−0.323%$166.9M$83.3M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0189−0.284%$152.6M$296.4M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0187−0.303%$50.2M$54.0M75xas long as short
Bitget SUIUSDTshort+0.0100%8h1.0184−0.333%$66.8M$174.1M75x
BingX SUI-USDT+0.0100%8h1.0189−0.284%$82.2Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0215−0.029%$634K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0223+0.045%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0247+0.282%$166K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0241+0.225%$438K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0248+0.294%$224K$434K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0217−0.010%$123K$723K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0190−0.274%$47K$181K20xas long as short
SunX SUI-USDT+0.0100%8h1.0220+0.020%$2K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0191−0.264%$15K$2.0M10xas long as short
HTX SUI-USDT+0.0100%8h1.0187−0.303%$589K$19.4M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0190−0.274%$11.7M$27.3M50xas long as short
Extended SUI-USD+0.0104%1h1.0187−0.305%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0194−0.235%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0144%1h1.0211−0.069%$9K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0196−0.215%$7.6M$24.5M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0191−0.264%$986K$15.0M50xas long as short
Hyperliquid SUIlong+0.0342%1h1.0218long leg$73.5M$80.7M10x
Phoenix SUI+0.0408%1h1.0241+0.230%$215K$415K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0598% / S −0.0260%1h1.0184−0.334%$933K100xas long as short
Aftermath Perps SUIUSD+0.1469%1h1.0239+0.209%$82K$405K10xas long as short