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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%
Price spread now: Deribit against SunX−0.158%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$273as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2702.705% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 4 days (all we have)+0.068%+$7 · spread now −0.158%, 7d avg −0.072%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Deribit is 0.086% cheaper against SunX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.072%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SUI-USDT1.01570.0100pay 0.0100% / 8h1m 14s$3K$1.6M30x
ShortDeribit SUI_USDC-PERPETUAL1.01410.0046get 0.0006% / 1h1m 14s$195K$554K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$11.34
Price spread: −0.158% → −0.072%
−$8.55
Slippage, 4 orders
−$255.49
Fee SunX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$290.38
Costs to cover
2.705%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; Deribit: live order book, 38 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, 4 min ago45.86 bp124.3 bp −$124doesn't fitdoesn't fitdoesn't fit
Sell Deribit live order book, 38 min ago5.42 bp8.9 bp −$915.2 bp −$152doesn'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−0.2780%1h1.0041−1.142%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0382%1h1.0143−0.140%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0256%1h1.0132−0.242%$5K$19K7xas long as short
Bluefin SUI-PERP−0.0076%1h1.0127−0.295%$581K$453K25xas long as short
dYdX SUI-USD0.0000%1h1.0134−0.230%$95K$257K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0138−0.185%$377K$4.2M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0141−0.157%$114K150xas long as short
Deribit SUI_USDC-PERPETUALshort+0.0046%1h1.0141−0.158%$195K$554K25x
Lighter SUI+0.0096%1h1.0141−0.158%$750K$5.1M10xas long as short
Lighter RH SUI+0.0096%1h1.0142−0.150%$297K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0142−0.148%$43K$528K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0138−0.187%$47K$336K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0131−0.259%$26K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0142−0.148%$675K$2.2M10xas long as short
Aster SUIUSDT+0.0100%8h1.0150−0.071%$901K$4.2M75xas long as short
Pacifica SUI+0.0100%1h1.0135−0.216%$216K$252K10xas long as short
Binance SUIUSDT+0.0100%8h1.0149−0.075%$146.0M$986.7M75xas long as short
Bybit SUIUSDT+0.0100%8h1.0144−0.128%$97.8M$307.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0138−0.187%$40.9M$365.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0140−0.167%$43K$321K10xas long as short
Bulk SUI-USD+0.0100%1h1.0161+0.039%$233K$7K10xas long as short
Gate SUI_USDT+0.0100%8h1.0143−0.138%$167.7M$82.6M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0146−0.108%$104.3M$292.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0146−0.108%$50.9M$51.8M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0133−0.236%$67.0M$167.5M75xas long as short
BingX SUI-USDT+0.0100%8h1.0143−0.138%$88.2Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0135−0.217%$667K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0138−0.186%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0135−0.217%$163K$4.3M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0153−0.039%$434K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0134−0.226%$205K$371K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0149−0.079%$122K$534K10xas long as short
SunX SUI-USDTlong+0.0100%8h1.0157long leg$3K$1.6M30x
SoDEX SUI-USD+0.0100%1h1.0137−0.197%$6K$1.7M10xas long as short
HTX SUI-USDT+0.0100%8h1.0147−0.098%$632K$18.2M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0147−0.098%$11.7M$28.2M50xas long as short
Extended SUI-USD+0.0104%1h1.0135−0.221%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0141−0.160%$38K$11K3xas long as short
Kraken Futures PF_SUIUSD+0.0119%1h1.0140−0.169%$6.8M$21.5M50xas long as short
Hyperliquid SUI+0.0127%1h1.0158+0.010%$73.2M$77.6M10xas long as short
01 Exchange SUIUSD+0.0136%1h1.0135−0.217%$8K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0147−0.098%$7.6M$24.4M100xas long as short
Coinbase International SUI-PERP-INTX+0.0328%1h1.0161+0.039%$1.0M$14.3M50xas long as short
Phoenix SUI+0.0393%1h1.0149−0.079%$201K$400K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0601% / S −0.0263%1h1.0140−0.169%$933K100xas long as short
Aftermath Perps SUIUSD+0.1263%1h1.0152−0.053%$82K$409K10xas long as short