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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Phemex against Nado−0.111%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$480.477% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.111%, 7d avg +0.030%
Together, before fees+0.185%+ Points / potential airdropNado: Active · farm board+$18 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: Phemex is 0.141% cheaper against Nado than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SUI-PERP1.03840.0100pay 0.0012% / 1h52m 20s$587K$2.1M10x
ShortPhemex SUIUSDT1.03730.0100get 0.0100% / 8h3h 52m$11.9M$26.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against Nado. 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: −0.111% → +0.030%
−$14.06
Slippage, 4 orders
−$28.74
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$61.8
Costs to cover
0.477%
Break-even
6349226755162002.0 days
Slippage from Nado: live order book, 6 min ago; Phemex: live order book, 2 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 Nado live order book, 6 min ago0.48 bp7.0 bp −$717.0 bp −$170doesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago2.89 bp14.8 bp −$1522.7 bp −$227doesn'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%1h1.0250−1.295%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0376%1h1.0386+0.014%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0304%1h1.0389+0.040%$6K$19K7xas long as short
Kraken Futures PF_SUIUSD−0.0066%1h1.0375−0.094%$6.8M$26.8M50xas long as short
dYdX SUI-USD0.0000%1h1.0395+0.103%$130K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0383−0.013%$498K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0379−0.053%$202K$572K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0383−0.014%$116K150xas long as short
Bluefin SUI-PERP+0.0021%1h1.0365−0.188%$593K$406K25xas long as short
Lighter SUI+0.0096%1h1.0371−0.127%$805K$5.4M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0376−0.078%$300K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0390+0.053%$43K$515K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0393+0.085%$27K$9K30xas long as short
Nado SUI-PERPlong+0.0100%1h1.0384long leg$587K$2.1M10x
Aster SUIUSDT+0.0100%8h1.0393+0.081%$909K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0394+0.091%$225K$259K10xas long as short
Binance SUIUSDT+0.0100%8h1.0371−0.130%$150.3M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0376−0.084%$101.9M$309.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0375−0.091%$40.7M$389.0M50xas long as short
Arcus SUI-USD+0.0100%1h1.0400+0.149%$44K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0369−0.149%$244K$5K10xas long as short
Gate SUI_USDT+0.0100%8h1.0387+0.024%$170.2M$80.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0388+0.034%$152.9M$292.0M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0390+0.053%$50.1M$53.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0379−0.053%$67.8M$172.5M75xas long as short
BingX SUI-USDC+0.0100%8h1.0385+0.005%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0403+0.178%$657K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0363−0.210%$2.5M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0356−0.272%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0356−0.276%$452K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0362−0.217%$228K$429K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0397+0.120%$124K$745K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0379−0.053%$48K$142K20xas long as short
SunX SUI-USDT+0.0100%8h1.0374−0.101%$2K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0378−0.063%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0368−0.159%$584K$19.7M75xas long as short
Phemex SUIUSDTshort+0.0100%8h1.0373−0.111%$11.9M$26.9M50x
Extended SUI-USD+0.0104%1h1.0373−0.110%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.03850.000%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0136%1h1.0401+0.159%$9K$2K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0397+0.120%$7.9M$24.9M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0405+0.197%$1.0M$15.1M50xas long as short
Phoenix SUI+0.0408%1h1.0389+0.040%$211K$415K10xas long as short
Hyperliquid SUI+0.0428%1h1.0400+0.154%$75.2M$81.4M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0613% / S −0.0267%1h1.0382−0.024%$960K100xas long as short
Aftermath Perps SUIUSD+0.1487%1h1.03850.000%$83K$402K10xas long as short