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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Backpack against SunX−0.196%7-day average −0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1251.246% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.196%, 7d avg −0.123%
Together, before fees−0.016%−$2 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: Backpack is 0.074% cheaper against SunX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.123%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SUI-USDT1.01890.0100pay 0.0100% / 8h2h 12m$2K$1.9M30x
ShortBackpack SUI_USDC_PERP1.01690.0100get 0.0013% / 1h12m 53s$646K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against SunX. 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: −0.196% → −0.123%
−$7.36
Slippage, 4 orders
−$106.62
Fee SunX: 4 bp × 2 orders
−$8
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$131.98
Costs to cover
1.246%
Break-even
never at this rate
Slippage from SunX: live order book, 13 min ago; Backpack: 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 SunX live order book, 13 min ago29.93 bp44.6 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 1 min ago0.49 bp5.5 bp −$57.9 bp −$79doesn'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−0.2398%1h1.0089−0.981%$41K$123K12xas long as short
Hibachi SUI/USDT-P−0.0496%1h1.0195+0.061%$6K$18K7xas long as short
Reya SUIRUSDPERP−0.0367%1h1.0174−0.150%$4K$3K20xas long as short
Bluefin SUI-PERP−0.0122%1h1.0158−0.304%$582K$405K25xas long as short
Kraken Futures PF_SUIUSD−0.0022%1h1.0173−0.155%$7.0M$24.0M50xas long as short
dYdX SUI-USD0.0000%1h1.0187−0.017%$93K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0190+0.010%$457K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0175−0.137%$186K$551K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0174−0.148%$118K150xas long as short
01 Exchange SUIUSD+0.0088%1h1.0183−0.059%$9K$9K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SUI+0.0096%1h1.0173−0.157%$772K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0175−0.136%$251K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0178−0.108%$36K$503K50xas long as short
Orderly PERP_SUI_USDC+0.0098%8h1.0172−0.167%$44K$377K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0183−0.059%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0181−0.079%$595K$1.3M10xas long as short
Hyperliquid SUI+0.0100%1h1.0180−0.088%$72.5M$81.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0175−0.136%$997K$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0184−0.049%$220K$261K10xas long as short
Binance SUIUSDT+0.0100%8h1.0172−0.167%$150.8M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0172−0.163%$101.9M$306.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0171−0.177%$40.8M$381.5M50xas long as short
Arcus SUI-USD+0.0100%1h1.0190+0.010%$147K$297K10xas long as short
Bulk SUI-USD+0.0100%1h1.0193+0.039%$240K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0172−0.167%$163.9M$81.2M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0172−0.167%$147.4M$299.0M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0172−0.167%$52.3M$51.4M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0169−0.196%$66.8M$169.0M75xas long as short
BingX SUI-USDT+0.0100%8h1.0172−0.167%$81.6Mas long as short
Backpack SUI_USDC_PERPshort+0.0100%1h1.0169−0.196%$646K$1.2M20x
Variational Omni SUI+0.0100%8h1.0188−0.009%$2.2M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0193+0.042%$164K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0183−0.056%$440K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0196+0.069%$231K$444K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0182−0.069%$106K$785K10xas long as short
SunX SUI-USDTlong+0.0100%8h1.0189long leg$2K$1.9M30x
SoDEX SUI-USD+0.0100%1h1.0172−0.167%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0170−0.186%$618K$18.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0180−0.088%$11.4M$24.5M50xas long as short
Extended SUI-USD+0.0104%1h1.0171−0.175%$1.4M$3.7M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0173−0.156%$48K$37K3xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0203+0.137%$977K$13.7M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0170−0.186%$8.0M$23.7M100xas long as short
Phoenix SUI+0.0290%1h1.0198+0.087%$184K$578K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0630% / S −0.0300%1h1.0173−0.156%$872K100xas long as short
Aftermath Perps SUIUSD+0.0674%1h1.0187−0.022%$91K$381K10xas long as short