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−0.0314%/8h= −34.4% APRnext payment $0.39 per $10,000 · paid last 24h −0.102%
Price spread now: Extended against Hyperliquid−0.155%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$220.225% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.135%−$14 on $10k
Price spread, last 7 days+0.150%+$15 · spread now −0.155%, 7d avg −0.103%
Together, before fees+0.015%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Extended is 0.052% cheaper against Hyperliquid than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.103%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.135% in total (about -7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SUI1.03190.0418pay 0.0052% / 1h32m 57s$74.6M$80.9M10x
ShortExtended SUI-USD1.03030.0104get 0.0013% / 1h32m 57s$1.4M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$65.94
Price spread: −0.155% → −0.103%
−$5.2
Slippage, 4 orders
−$8.47
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$93.61
Costs to cover
0.225%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Extended: 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, 11 min ago0.48 bp6.9 bp −$712.8 bp −$128doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago0.49 bp5.5 bp −$58.0 bp −$80doesn'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−0.3470%1h1.0204−1.114%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0377%1h1.0308−0.109%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0224%1h1.0308−0.110%$6K$19K7xas long as short
Kraken Futures PF_SUIUSD−0.0067%1h1.0310−0.084%$6.8M$26.6M50xas long as short
dYdX SUI-USD0.0000%1h1.0302−0.163%$129K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0307−0.121%$495K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0309−0.097%$200K$572K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0309−0.095%$116K150xas long as short
Bluefin SUI-PERP+0.0046%1h1.0299−0.194%$590K$406K25xas long as short
Lighter SUI+0.0096%1h1.0313−0.062%$789K$5.4M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0312−0.064%$308K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0310−0.087%$45K$516K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0309−0.099%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0313−0.053%$585K$2.0M10xas long as short
Aster SUIUSDT+0.0100%8h1.0309−0.095%$891K$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0307−0.120%$223K$259K10xas long as short
Binance SUIUSDT+0.0100%8h1.0309−0.098%$148.9M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0308−0.110%$101.4M$308.2M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0308−0.107%$40.5M$386.0M50xas long as short
Arcus SUI-USD+0.0100%1h1.0310−0.087%$44K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0310−0.087%$242K$5K10xas long as short
Gate SUI_USDT+0.0100%8h1.0308−0.107%$169.7M$81.4M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0308−0.107%$152.7M$293.7M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0310−0.087%$50.4M$54.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0304−0.145%$67.2M$172.3M75xas long as short
BingX SUI-USDT+0.0100%8h1.0306−0.126%$82.1Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0307−0.116%$651K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0321+0.016%$2.5M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0331+0.119%$168K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0339+0.197%$446K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0352+0.320%$227K$431K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0318−0.010%$124K$737K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0308−0.107%$47K$161K20xas long as short
SunX SUI-USDT+0.0100%8h1.0354+0.339%$2K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0309−0.097%$14K$2.0M10xas long as short
HTX SUI-USDT+0.0100%8h1.0309−0.097%$588K$19.6M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0311−0.078%$11.8M$27.0M50xas long as short
Extended SUI-USDshort+0.0104%1h1.0303−0.155%$1.4M$4.1M50x
Aevo SUI-PERP+0.0104%1h1.0314−0.048%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0144%1h1.0313−0.058%$9K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0306−0.126%$7.8M$24.7M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0315−0.039%$979K$15.1M50xas long as short
Phoenix SUI+0.0408%1h1.0326+0.065%$209K$415K10xas long as short
Hyperliquid SUIlong+0.0418%1h1.0319long leg$74.6M$80.9M10x
GMX SUI/USD [ETH-USDC]L +0.0610% / S −0.0266%1h1.0310−0.092%$955K100xas long as short
Aftermath Perps SUIUSD+0.1489%1h1.0326+0.070%$82K$402K10xas long as short