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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.2955%/8h= +323.6% APRnext payment +$3.69 per $10,000 · paid last 24h +0.633%
Price spread now: Bluefin against Injective+2.002%59s7-day average +0.135% · you sell dearer than you buy
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 4 days (all we have)+1.909%+$191 on $10k
Price spread, last 3 days (all we have)−1.916%−$192 · spread now +2.002%, 7d avg +0.135%
Together, before fees−0.006%−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$89 a day on $10k at the current rate, and Bluefin is 1.868% dearer against Injective than usual: you sell high and buy low: +$187 more if the spread goes back to its 7-day average of +0.135%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective SUI/USDC PERP1.0537−0.3416get 0.0427% / 1h8m 19s$43K$123K12x
ShortBluefin SUI-PERP1.0748−0.0461pay 0.0058% / 1h8m 19s$616K$414K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Injective. 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
$620.63
Price spread: +2.002% → +0.135%
$186.78
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
$800.38
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: live order book, just now; Bluefin: live order book, 1 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 Injective live order book, just now103.28 bp2012558.1 bp −$2.01M20176266.0 bp −$201.76M201460832.0 bp −$20146.08M1006281152.0 bp −$503140.58M
Sell Bluefin live order book, 1 min ago2.32 bp12.8 bp −$1355.8 bp −$558doesn'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 PERPlong−0.3416%1h1.0537long leg$43K$123K12x
Hibachi SUI/USDT-P−0.0512%1h1.0792+2.420%$6K$18K7xas long as short
Bluefin SUI-PERPshort−0.0461%1h1.0748+2.002%$616K$414K25x
Reya SUIRUSDPERP−0.0371%1h1.0766+2.173%$4K$3K20xas long as short
Phemex SUIUSDT−0.0248%8h1.0794+2.439%$12.1M$25.2M50xas long as short
dYdX SUI-USD0.0000%1h1.0775+2.257%$98K$171K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0813+2.622%$585K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0762+2.135%$209K$581K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0767+2.180%$115K150xas long as short
Kraken Futures PF_SUIUSD+0.0037%1h1.0767+2.182%$7.5M$24.1M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0048%1h1.0768+2.192%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0777+2.275%$840K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0772+2.229%$290K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0766+2.173%$34K$477K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0761+2.126%$50K$309K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0809+2.578%$28K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0768+2.188%$705K$1.5M10xas long as short
Aster SUIUSDT+0.0100%8h1.0778+2.286%$1.1M$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0777+2.277%$235K$259K10xas long as short
Binance SUIUSDT+0.0100%8h1.0764+2.154%$158.9M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0762+2.140%$107.2M$307.2M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0759+2.107%$42.9M$400.5M50xas long as short
Arcus SUI-USD+0.0100%1h1.0770+2.211%$48K$380K10xas long as short
Bulk SUI-USD+0.0100%1h1.0632+0.902%$250K$3K10xas long as short
Gate SUI_USDT+0.0100%8h1.0766+2.173%$176.2M$83.8M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0766+2.173%$158.0M$302.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0765+2.164%$52.2M$53.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0754+2.059%$70.0M$169.1M75xas long as short
BingX SUI-USDC+0.0100%8h1.0765+2.164%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0787+2.373%$687K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0714+1.677%$2.4M$3.0Mas long as short
edgeX SUIUSDC+0.0100%4h1.0706+1.603%$175K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0713+1.668%$461K$7.3M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0710+1.642%$238K$490K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0780+2.306%$124K$749K10xas long as short
SunX SUI-USDT+0.0100%8h1.0772+2.230%$3K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0760+2.116%$6K$2.3M10xas long as short
HTX SUI-USDT+0.0100%8h1.0783+2.335%$680K$19.2M75xas long as short
Extended SUI-USD+0.0104%1h1.0756+2.079%$1.5M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0772+2.230%$41K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0775+2.259%$1.0M$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0794+2.439%$8.2M$26.1M100xas long as short
Phoenix SUI+0.0299%1h1.0718+1.720%$212K$590K10xas long as short
Hyperliquid SUI+0.0440%1h1.0785+2.354%$77.9M$79.4M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0643% / S −0.0332%1h1.0766+2.175%$953K100xas long as short
Aftermath Perps SUIUSD+0.0847%1h1.0744+1.962%$79K$379K10xas long as short