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+0.0736%/8h= +80.5% APRnext payment +$0.92 per $10,000 · paid last 24h +0.172%
Price spread now: Phoenix against Reya+0.023%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Phoenix is 0.023% dearer against Reya than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya SUIRUSDPERP1.0408−0.0374get 0.0047% / 1h37m 29s$4K$3K20x
ShortPhoenix SUI1.04110.0362get 0.0045% / 1h37m 29s$211K$561K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Reya. 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
$154.46
Price spread: +0.023% → 0.000%
$2.31
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$143.77
Costs to cover
0.130%
Break-even
0.5 days
Slippage unknown: Reya: no order-book sample; Phoenix: live order book, 25 min ago. 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 Reya no order-book sample
Sell Phoenix live order book, 25 min ago0.96 bp12.4 bp −$1243.0 bp −$430doesn't fitdoesn't fit
Reya: 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%1h1.0276−1.271%$42K$123K12xas long as short
Reya SUIRUSDPERPlong−0.0374%1h1.0408long leg$4K$3K20x
Hibachi SUI/USDT-P−0.0216%1h1.0377−0.304%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0375−0.321%$95K$168K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0386−0.219%$512K$4.8M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0377−0.301%$202K$576K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0379−0.282%$113K150xas long as short
Lighter SUI+0.0096%1h1.0378−0.286%$822K$5.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0380−0.276%$278K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0394−0.137%$33K$499K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0389−0.186%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0405−0.032%$715K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0376−0.309%$912K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0379−0.285%$227K$262K10xas long as short
Binance SUIUSDT+0.0100%8h1.0407−0.013%$152.7M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0415+0.066%$103.3M$307.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0413+0.045%$41.1M$384.2M50xas long as short
Arcus SUI-USD+0.0100%1h1.0390−0.176%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0403−0.049%$245K$4K10xas long as short
Gate SUI_USDT+0.0100%8h1.0386−0.214%$164.9M$82.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0376−0.310%$150.7M$292.0M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0376−0.310%$50.9M$53.6M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0406−0.022%$68.0M$168.2M75xas long as short
BingX SUI-USDC+0.0100%8h1.0389−0.185%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0364−0.426%$700K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0393−0.142%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0400−0.079%$169K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0372−0.349%$456K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0388−0.195%$236K$470K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0424+0.151%$122K$720K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0378−0.291%$47K$238K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0481+0.698%$600K$408K25xas long as short
SunX SUI-USDT+0.0100%8h1.0404−0.041%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0376−0.310%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0364−0.426%$597K$19.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0374−0.330%$11.6M$26.1M50xas long as short
Extended SUI-USD+0.0104%1h1.0387−0.203%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0386−0.214%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0136%1h1.0393−0.147%$9K$3K10xas long as short
Coinbase International SUI-PERP-INTX+0.0176%1h1.0388−0.195%$993K$14.6M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0373−0.339%$8.0M$24.9M100xas long as short
Kraken Futures PF_SUIUSD+0.0290%1h1.0374−0.327%$6.8M$26.9M50xas long as short
Phoenix SUIshort+0.0362%1h1.0411+0.023%$211K$561K10x
GMX SUI/USD [ETH-USDC]L +0.0618% / S −0.0272%1h1.0379−0.282%$966K100xas long as short
Hyperliquid SUI+0.0669%1h1.0426+0.170%$75.9M$80.1M10xas long as short
Aftermath Perps SUIUSD+0.1290%1h1.0401−0.068%$83K$385K10xas long as short