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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.007%
Price spread now: Deribit against OKX−0.010%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$290.288% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.034%+$3 on $10k
Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.010%, 7d avg +0.063%
Together, before fees+0.126%+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.073% cheaper against OKX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SUI-USDT-SWAP1.02750.0100pay 0.0100% / 8h1h 34m$41.0M$384.2M50x
ShortDeribit SUI_USDC-PERPETUAL1.02740get 0.0000% / 1h34m 21s$190K$562K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against OKX. 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
−$21
Price spread: −0.010% → +0.063%
−$7.29
Slippage, 4 orders
−$11.84
Fee OKX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$57.13
Costs to cover
0.288%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Deribit: live order book, 49 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 OKX live order book, 5 min ago0.49 bp5.6 bp −$611.2 bp −$11238.4 bp −$3,844doesn't fit
Sell Deribit live order book, 49 min ago3.44 bp7.9 bp −$814.9 bp −$149doesn'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−0.2926%1h1.0133−1.382%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0368%1h1.0242−0.317%$4K$3K20xas long as short
Bluefin SUI-PERP−0.0146%1h1.0264−0.107%$588K$406K25xas long as short
Hibachi SUI/USDT-P−0.0120%1h1.0264−0.112%$6K$18K7xas long as short
dYdX SUI-USD0.0000%1h1.0250−0.245%$93K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0265−0.092%$458K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUALshort0.0000%1h1.0274−0.010%$190K$562K25x
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0268−0.068%$119K150xas long as short
Lighter SUI+0.0096%1h1.0281+0.055%$790K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0256−0.183%$258K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0241−0.331%$37K$503K50xas long as short
Orderly PERP_SUI_USDC+0.0098%8h1.0276+0.010%$45K$371K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0251−0.236%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0247−0.268%$596K$1.3M10xas long as short
Aster SUIUSDT+0.0100%8h1.0242−0.319%$1.0M$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0252−0.228%$223K$262K10xas long as short
Binance SUIUSDT+0.0100%8h1.0254−0.206%$151.3M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0270−0.047%$103.0M$307.4M50xas long as short
OKX SUI-USDT-SWAPlong+0.0100%8h1.0275long leg$41.0M$384.2M50x
Arcus SUI-USD+0.0100%1h1.0250−0.243%$148K$284K10xas long as short
Bulk SUI-USD+0.0100%1h1.0303+0.270%$242K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0251−0.234%$164.8M$80.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0243−0.311%$148.8M$295.7M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0237−0.370%$51.5M$52.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0273−0.019%$67.7M$168.5M75xas long as short
BingX SUI-USDC+0.0100%8h1.0267−0.078%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0258−0.165%$650K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0282+0.071%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0284+0.091%$166K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0280+0.052%$445K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0301+0.253%$234K$441K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0250−0.243%$106K$790K10xas long as short
SunX SUI-USDT+0.0100%8h1.0255−0.195%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0282+0.068%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0280+0.049%$631K$18.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0276+0.010%$11.5M$24.7M50xas long as short
Extended SUI-USD+0.0104%1h1.0274−0.008%$1.4M$3.8M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0238−0.360%$9K$9K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0279+0.044%$49K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0260−0.146%$7.9M$23.8M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0269−0.058%$981K$13.8M50xas long as short
Kraken Futures PF_SUIUSD+0.0295%1h1.0294+0.181%$7.2M$24.2M50xas long as short
Phoenix SUI+0.0346%1h1.0319+0.431%$204K$574K10xas long as short
Hyperliquid SUI+0.0479%1h1.0254−0.204%$73.1M$81.0M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0636% / S −0.0309%1h1.0263−0.113%$894K100xas long as short
Aftermath Perps SUIUSD+0.0714%1h1.0278+0.026%$94K$381K10xas long as short