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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: Bybit against Phemex+0.041%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$310.314% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 3 days (all we have)−0.039%−$4 · spread now +0.041%, 7d avg −0.017%
Together, before fees−0.008%−$1 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: Bybit is 0.058% dearer against Phemex than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SUIUSDT1.03370.0100pay 0.0100% / 8h52m 51s$11.6M$24.8M50x
ShortBybit SUIUSDT1.03410.0100get 0.0100% / 8h52m 51s$103.9M$306.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.041% → −0.017%
$5.77
Slippage, 4 orders
−$8.4
Fee Phemex: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$25.63
Costs to cover
0.314%
Break-even
never at this rate
Slippage from Phemex: live order book, 6 min ago; Bybit: 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 Phemex live order book, 6 min ago0.49 bp9.7 bp −$1026.4 bp −$264doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago0.49 bp6.4 bp −$610.0 bp −$10035.9 bp −$3,592doesn'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−0.3474%1h1.0167−1.645%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0369%1h1.0330−0.071%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0320%1h1.0310−0.264%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0309−0.275%$94K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0354+0.163%$462K$5.4M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0330−0.067%$120K150xas long as short
Deribit SUI_USDC-PERPETUAL+0.0040%1h1.0338+0.010%$201K$581K25xas long as short
Bluefin SUI-PERP+0.0050%1h1.0325−0.116%$592K$404K25xas long as short
Lighter SUI+0.0096%1h1.0340+0.028%$795K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0342+0.050%$261K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0096%1h1.0317−0.193%$9K$9K10xas long as short
Popdex SUIUSDT+0.0096%1h1.0322−0.145%$38K$498K50xas long as short
Orderly PERP_SUI_USDC+0.0099%8h1.0329−0.077%$46K$330K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0310−0.263%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0327−0.092%$596K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0341+0.039%$1.0M$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0313−0.236%$224K$262K10xas long as short
Binance SUIUSDT+0.0100%8h1.0340+0.031%$152.1M$1.02B75xas long as short
Bybit SUIUSDTshort+0.0100%8h1.0341+0.041%$103.9M$306.9M50x
OKX SUI-USDT-SWAP+0.0100%8h1.0340+0.029%$41.4M$385.7M50xas long as short
Arcus SUI-USD+0.0100%1h1.0320−0.164%$46K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0269−0.658%$242K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0340+0.029%$165.5M$80.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0341+0.039%$149.2M$288.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0339+0.019%$51.8M$52.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0336−0.010%$67.9M$168.7M75xas long as short
BingX SUI-USDT+0.0100%8h1.0339+0.019%$81.6Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0339+0.019%$657K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0295−0.405%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0319−0.178%$169K$4.4M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0324−0.123%$445K$6.9M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0299−0.368%$234K$441K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0339+0.019%$108K$782K10xas long as short
SunX SUI-USDT+0.0100%8h1.0343+0.058%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0338+0.010%$7K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0328−0.087%$641K$18.5M75xas long as short
Phemex SUIUSDTlong+0.0100%8h1.0337long leg$11.6M$24.8M50x
Extended SUI-USD+0.0104%1h1.0337+0.005%$1.4M$3.8M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0343+0.054%$49K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0327−0.097%$7.9M$24.0M100xas long as short
Coinbase International SUI-PERP-INTX+0.0224%1h1.0351+0.135%$986K$14.0M50xas long as short
Kraken Futures PF_SUIUSD+0.0273%1h1.0344+0.070%$7.2M$24.0M50xas long as short
Phoenix SUI+0.0327%1h1.0335−0.021%$204K$593K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0638% / S −0.0309%1h1.0330−0.066%$902K100xas long as short
Hyperliquid SUI+0.0657%1h1.0354+0.164%$74.1M$80.2M10xas long as short
Aftermath Perps SUIUSD+0.0796%1h1.0303−0.329%$94K$381K10xas long as short