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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.109%
Price spread now: Bybit against Hyperliquid−0.039%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.275% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.221%−$22 on $10k
Price spread, last 7 days+0.015%+$1 · spread now −0.039%, 7d avg −0.071%
Together, before fees−0.207%+ Points / potential airdropHyperliquid: Season 2 · farm board−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.032% dearer against Hyperliquid than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SUI1.02310.0100pay 0.0013% / 1h29m 23s$73.0M$83.4M10x
ShortBybit SUIUSDT1.02270.0100get 0.0100% / 8h3h 29m$105.0M$308.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.039% → −0.071%
$3.21
Slippage, 4 orders
−$7.46
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$24.25
Costs to cover
0.275%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Bybit: 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, 5 min ago0.49 bp6.7 bp −$713.7 bp −$137doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.49 bp8.7 bp −$914.2 bp −$14242.4 bp −$4,235doesn'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−0.3656%1h1.0187−0.430%$42K$42K12xas long as short
Hibachi SUI/USDT-P−0.0504%1h1.0252+0.203%$6K$19K7xas long as short
Reya SUIRUSDPERP−0.0365%1h1.0223−0.082%$4K$3K20xas long as short
Kraken Futures PF_SUIUSD−0.0154%1h1.0262+0.305%$6.9M$24.0M50xas long as short
Bluefin SUI-PERP−0.0033%1h1.0214−0.166%$585K$413K25xas long as short
dYdX SUI-USD0.0000%1h1.0243+0.117%$93K$75K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0262+0.303%$462K$5.6M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0261+0.293%$198K$516K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0227−0.036%$119K150xas long as short
01 Exchange SUIUSD+0.0040%1h1.0236+0.049%$8K$8K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SUI+0.0096%1h1.0238+0.069%$773K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0241+0.102%$246K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0225−0.059%$33K$507K50xas long as short
Orderly PERP_SUI_USDC+0.0097%8h1.0224−0.068%$45K$385K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0239+0.074%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0219−0.112%$597K$1.4M10xas long as short
Hyperliquid SUIlong+0.0100%1h1.0231long leg$73.0M$83.4M10x
Aster SUIUSDT+0.0100%8h1.0239+0.077%$1.0M$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0244+0.129%$222K$263K10xas long as short
Binance SUIUSDT+0.0100%8h1.0226−0.049%$151.8M$1.04B75xas long as short
Bybit SUIUSDTshort+0.0100%8h1.0227−0.039%$105.0M$308.6M50x
OKX SUI-USDT-SWAP+0.0100%8h1.0224−0.068%$41.2M$387.7M50xas long as short
Arcus SUI-USD+0.0100%1h1.0240+0.088%$148K$300K10xas long as short
Gate SUI_USDT+0.0100%8h1.0225−0.059%$164.8M$81.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0227−0.039%$147.8M$295.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0225−0.059%$52.1M$50.4M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0221−0.098%$67.2M$171.8M75xas long as short
BingX SUI-USDT+0.0100%8h1.0225−0.059%$80.6Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0255+0.235%$645K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0271+0.394%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0261+0.290%$165K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0283+0.508%$450K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0267+0.352%$247K$435K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0226−0.049%$107K$818K10xas long as short
SunX SUI-USDT+0.0100%8h1.0275+0.430%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0258+0.264%$7K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0251+0.195%$628K$19.2M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0257+0.254%$11.4M$23.9M50xas long as short
Bulk SUI-USD+0.0100%1h1.0277+0.450%$242K$2K10xas long as short
Extended SUI-USD+0.0104%1h1.0224−0.068%$1.5M$3.7M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0234+0.028%$48K$38K3xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0266+0.342%$988K$14.3M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0254+0.225%$8.1M$24.0M100xas long as short
Phoenix SUI+0.0270%1h1.0271+0.393%$185K$581K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0628% / S −0.0300%1h1.0227−0.044%$877K100xas long as short
Aftermath Perps SUIUSD+0.0899%1h1.0272+0.401%$93K$398K10xas long as short