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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0226%/8h= −24.8% APRnext payment $0.28 per $10,000 · paid last 24h −0.031%
Price spread now: 01 Exchange against Phoenix−0.238%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and 01 Exchange is 0.238% cheaper against Phoenix than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix SUI1.04120.0362pay 0.0045% / 1h39m 07s$211K$561K10x
Short01 Exchange SUIUSD1.03870.0136get 0.0017% / 1h39m 07s$9K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Phoenix. 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
−$47.47
Price spread: −0.238% → 0.000%
−$23.82
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$85.29
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 23 min ago; 01 Exchange: no order-book sample. 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 Phoenix live order book, 23 min ago0.96 bp12.4 bp −$1250.7 bp −$507doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3542%1h1.0276−1.304%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0373%1h1.0384−0.264%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0232%1h1.0393−0.179%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0047%1h1.0360−0.498%$593K$408K25xas long as short
dYdX SUI-USD0.0000%1h1.0386−0.249%$95K$168K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0394−0.172%$512K$4.8M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0370−0.401%$201K$576K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0370−0.399%$113K150xas long as short
Lighter SUI+0.0096%1h1.0374−0.367%$822K$5.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0376−0.340%$278K$2.1M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0384−0.267%$33K$499K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0386−0.244%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0381−0.296%$713K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0375−0.354%$912K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0389−0.215%$227K$262K10xas long as short
Binance SUIUSDT+0.0100%8h1.0372−0.378%$152.2M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0373−0.375%$102.9M$307.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0373−0.373%$41.0M$383.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0390−0.209%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0403−0.082%$245K$4K10xas long as short
Gate SUI_USDT+0.0100%8h1.0377−0.334%$164.7M$82.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0373−0.373%$150.6M$291.9M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0374−0.363%$50.9M$53.6M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0376−0.344%$67.8M$168.4M75xas long as short
BingX SUI-USDT+0.0100%8h1.0378−0.325%$82.1Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0372−0.382%$701K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0393−0.176%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0400−0.112%$169K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0447+0.339%$452K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0439+0.261%$237K$470K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0394−0.171%$122K$721K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0374−0.363%$47K$238K20xas long as short
SunX SUI-USDT+0.0100%8h1.0384−0.267%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0370−0.401%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0376−0.344%$596K$19.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0381−0.296%$11.6M$26.1M50xas long as short
Extended SUI-USD+0.0104%1h1.0368−0.424%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0375−0.353%$39K$11K3xas long as short
01 Exchange SUIUSDshort+0.0136%1h1.0387−0.238%$9K$3K10x
Coinbase International SUI-PERP-INTX+0.0176%1h1.0388−0.229%$993K$14.6M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0373−0.373%$8.0M$24.9M100xas long as short
Kraken Futures PF_SUIUSD+0.0290%1h1.0373−0.372%$6.8M$26.9M50xas long as short
Phoenix SUIlong+0.0362%1h1.0412long leg$211K$561K10x
GMX SUI/USD [ETH-USDC]L +0.0618% / S −0.0272%1h1.0368−0.418%$967K100xas long as short
Hyperliquid SUI+0.0673%1h1.0393−0.181%$75.5M$80.1M10xas long as short
Aftermath Perps SUIUSD+0.1286%1h1.0407−0.045%$83K$384K10xas long as short