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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: ApeX Omni against Phemex−0.501%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$430.431% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.106%+$11 on $10k
Price spread, last 4 days (all we have)+0.375%+$38 · spread now −0.501%, 7d avg +0.059%
Together, before fees+0.481%+$48 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: ApeX Omni is 0.560% cheaper against Phemex than usual: you would sell low and buy high, −$56 on $10k if it goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SUIUSDT1.01700.0100pay 0.0100% / 8h2h 13m$11.7M$27.9M50x
ShortApeX Omni SUIUSDT1.01190.0100get 0.0013% / 1h13m 15s$223K$436K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Phemex. 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: −0.501% → +0.059%
−$56.01
Slippage, 4 orders
−$21.11
Fee Phemex: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$99.13
Costs to cover
0.431%
Break-even
never at this rate
Slippage from Phemex: live order book, 6 min ago; ApeX Omni: live order book, 34 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 Phemex live order book, 6 min ago2.96 bp11.7 bp −$1225.8 bp −$258doesn't fitdoesn't fit
Sell ApeX Omni live order book, 34 min ago2.45 bp8.5 bp −$852.4 bp −$524doesn'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−0.3309%1h0.9907−2.586%$41K$123K12xas long as short
Reya SUIRUSDPERP−0.0379%1h1.0167−0.030%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0176%1h1.0158−0.117%$5K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0171+0.010%$95K$294K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0183+0.127%$366K$5.1M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0168−0.020%$198K$562K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0166−0.035%$115K150xas long as short
Bluefin SUI-PERP+0.0017%1h1.0151−0.187%$582K$429K25xas long as short
Lighter SUI+0.0096%1h1.0171+0.008%$789K$5.5M10xas long as short
Lighter RH SUI+0.0096%1h1.0174+0.044%$301K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0172+0.020%$32K$546K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0167−0.029%$47K$212K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0177+0.073%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.01700.000%$546K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0177+0.068%$894K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0171+0.010%$220K$258K10xas long as short
Binance SUIUSDT+0.0100%8h1.0176+0.062%$146.5M$1.05B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0182+0.118%$99.8M$320.0M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0184+0.138%$41.2M$390.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0180+0.098%$43K$329K10xas long as short
Bulk SUI-USD+0.0100%1h1.0045−1.229%$236K$3K10xas long as short
Gate SUI_USDT+0.0100%8h1.0168−0.020%$167.2M$85.6M50xas long as short
MEXC SUI_USDT+0.0100%8h1.01700.000%$150.5M$294.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0173+0.029%$49.6M$53.5M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0162−0.079%$66.9M$177.9M75xas long as short
BingX SUI-USDT+0.0100%8h1.0169−0.010%$84.6Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0168−0.020%$667K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0095−0.739%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0109−0.603%$162K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0111−0.583%$440K$7.6M10xas long as short
ApeX Omni SUIUSDTshort+0.0100%1h1.0119−0.501%$223K$436K50x
Polymarket Perps SUI-USD+0.0100%1h1.0180+0.098%$134K$644K10xas long as short
SunX SUI-USDT+0.0100%8h1.0183+0.128%$2K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0166−0.039%$6K$1.9M10xas long as short
HTX SUI-USDT+0.0100%8h1.0166−0.039%$619K$19.4M75xas long as short
Phemex SUIUSDTlong+0.0100%8h1.0170long leg$11.7M$27.9M50x
Extended SUI-USD+0.0104%1h1.0162−0.081%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0173+0.029%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0136%1h1.0176+0.059%$9K$3K10xas long as short
Kraken Futures PF_SUIUSD+0.0173%1h1.0168−0.015%$6.8M$25.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0171+0.010%$7.6M$24.6M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0178+0.079%$1.0M$15.1M50xas long as short
Hyperliquid SUI+0.0394%1h1.0181+0.108%$73.3M$83.4M10xas long as short
Phoenix SUI+0.0416%1h1.0148−0.217%$201K$422K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0600% / S −0.0263%1h1.0166−0.041%$934K100xas long as short
Aftermath Perps SUIUSD+0.1434%1h1.0126−0.432%$82K$411K10xas long as short