Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.025%

Price spread now: BloFin against Popdex+0.019%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$420.415% of the position

Long on Popdex Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.125%+$13 on $10k

Price spread, last 3 days (all we have)+0.009%+$1 · spread now +0.019%, 7d avg +0.030%

Together, before fees+0.134%+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex SUIUSDT	1.0746	0.0096	pay 0.0012% / 1h	7m 09s	$34K	$476K	50x
Short	BloFin SUI-USDT	1.0748	0.0220	get 0.0220% / 8h	7h 07m	$8.2M	$26.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Popdex. 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

Position, each leg$Hold fordaysFee PopdexbpFee BloFinbpOrdersPrice spread, now +0.019%Rate

Funding earned: $26.04
Price spread: +0.019% → +0.030%: −$1.13
Slippage, 4 orders: −$23.13
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$16.62
Costs to cover: 0.415%
Break-even: 11.5 days

Slippage from Popdex: live order book, 2 min ago; BloFin: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Popdex live order book, 2 min ago	2.83 bp	8.9 bp −$9	25.0 bp −$250	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	5.14 bp	11.1 bp −$11	14.1 bp −$141	25.7 bp −$2,567	51.8 bp −$25.9K

SUI on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SUI/USDC PERP	−0.3416%	1h	1.0537	−1.945%	$43K	$123K	12x	as long as short
Hibachi SUI/USDT-P	−0.0512%	1h	1.0792	+0.428%	$6K	$18K	7x	as long as short
Bluefin SUI-PERP	−0.0459%	1h	1.0730	−0.149%	$615K	$413K	25x	as long as short
Reya SUIRUSDPERP	−0.0371%	1h	1.0743	−0.029%	$4K	$3K	20x	as long as short
Phemex SUIUSDT	−0.0220%	8h	1.0748	+0.019%	$12.0M	$25.2M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0744	−0.017%	$98K	$171K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0750	+0.036%	$591K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0747	+0.009%	$209K	$581K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0744	−0.022%	$115K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0037%	1h	1.0745	−0.011%	$7.4M	$24.1M	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange SUIUSD	+0.0048%	1h	1.0742	−0.037%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0746	+0.001%	$838K	$5.9M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0748	+0.014%	$291K	$2.1M	10x	as long as short
Popdex SUIUSDTlong	+0.0096%	1h	1.0746	long leg	$34K	$476K	50x
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0742	−0.037%	$50K	$309K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0806	+0.558%	$28K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0737	−0.079%	$703K	$1.5M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0747	+0.005%	$1.1M	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0748	+0.017%	$235K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0764	+0.168%	$158.6M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0753	+0.065%	$107.1M	$307.5M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0753	+0.065%	$42.8M	$400.6M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0740	−0.056%	$48K	$380K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0760	+0.134%	$253K	$3K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0745	−0.009%	$175.3M	$83.9M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0745	−0.009%	$156.2M	$302.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0745	−0.009%	$52.2M	$53.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0741	−0.047%	$70.1M	$169.3M	75x	as long as short
BingX SUI-USDT	+0.0100%	8h	1.0743	−0.028%	—	$82.0M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0742	−0.037%	$675K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0714	−0.300%	$2.4M	$3.0M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0790	+0.413%	$176K	$4.6M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0784	+0.358%	$470K	$7.4M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0796	+0.465%	$240K	$490K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0754	+0.074%	$124K	$747K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0749	+0.028%	$3K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0740	−0.056%	$6K	$2.3M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0741	−0.047%	$673K	$19.2M	75x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0740	−0.058%	$1.5M	$4.0M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0748	+0.014%	$41K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0200%	1h	1.0748	+0.019%	$1.0M	$15.0M	50x	as long as short
BloFin SUI-USDTshort	+0.0220%	8h	1.0748	+0.019%	$8.2M	$26.0M	100x
Phoenix SUI	+0.0299%	1h	1.0800	+0.501%	$214K	$590K	10x	as long as short
Hyperliquid SUI	+0.0440%	1h	1.0761	+0.140%	$77.8M	$79.4M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0642% / S −0.0332%	1h	1.0744	−0.016%	$950K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0875%	1h	1.0752	+0.060%	$80K	$379K	10x	as long as short