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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Backpack+0.626%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs+$20as in the Price arb table
costs, in and out, $10k−$350.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)−0.475%−$48 · spread now +0.626%, 7d avg +0.083%
Together, before fees−0.468%−$47 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: ApeX Omni is 0.543% dearer against Backpack than usual: you sell high and buy low, +$54 on $10k if it goes back to its 7-day average of +0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SUI_USDC_PERP1.03830.0100pay 0.0013% / 1h20m 11s$662K$1.3M20x
ShortApeX Omni SUIUSDT1.04480.0100get 0.0013% / 1h20m 11s$232K$487K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Backpack. 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: +0.626% → +0.083%
$54.27
Slippage, 4 orders
−$14.6
Fee Backpack: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$19.67
Costs to cover
0.346%
Break-even
from the start
Slippage from Backpack: live order book, 4 min ago; ApeX Omni: live order book, 37 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 Backpack live order book, 4 min ago0.48 bp5.8 bp −$613.0 bp −$130doesn't fitdoesn't fit
Sell ApeX Omni live order book, 37 min ago3.36 bp11.2 bp −$1147.8 bp −$478doesn'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−0.3244%1h1.0342−0.395%$43K$123K12xas long as short
Reya SUIRUSDPERP−0.0375%1h1.0373−0.098%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0320%1h1.0396+0.122%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0388+0.048%$130K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0388+0.048%$507K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0381−0.019%$202K$573K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0380−0.026%$116K150xas long as short
Lighter SUI+0.0096%1h1.0383−0.001%$828K$5.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0383−0.004%$301K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0378−0.048%$42K$517K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0390+0.068%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0374−0.082%$582K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0380−0.025%$913K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0390+0.070%$225K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0378−0.044%$150.8M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0374−0.086%$102.1M$311.0M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0371−0.116%$40.9M$389.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0390+0.067%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0408+0.240%$245K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0379−0.039%$167.9M$84.0M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0375−0.077%$153.1M$297.5M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0381−0.019%$49.7M$53.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0367−0.154%$67.7M$172.6M75xas long as short
BingX SUI-USDC+0.0100%8h1.0372−0.106%$6.5Mas long as short
Backpack SUI_USDC_PERPlong+0.0100%1h1.0383long leg$662K$1.3M20x
Variational Omni SUI+0.0100%8h1.0389+0.054%$2.5M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0389+0.058%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0393+0.098%$448K$7.6M10xas long as short
ApeX Omni SUIUSDTshort+0.0100%1h1.0448+0.626%$232K$487K50x
Polymarket Perps SUI-USD+0.0100%1h1.0384+0.010%$124K$756K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0378−0.048%$48K$174K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0366−0.164%$593K$405K25xas long as short
SunX SUI-USDT+0.0100%8h1.0363−0.193%$2K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0381−0.019%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0375−0.077%$573K$19.6M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0379−0.039%$11.9M$26.8M50xas long as short
Extended SUI-USD+0.0104%1h1.0378−0.051%$1.4M$4.1M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0380−0.029%$9K$2K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0385+0.019%$39K$11K3xas long as short
Kraken Futures PF_SUIUSD+0.0162%1h1.0382−0.011%$6.9M$27.0M50xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0387+0.039%$973K$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0386+0.029%$7.9M$24.8M100xas long as short
Hyperliquid SUI+0.0356%1h1.0391+0.077%$75.4M$81.4M10xas long as short
Phoenix SUI+0.0390%1h1.0403+0.196%$211K$421K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0614% / S −0.0267%1h1.0379−0.036%$960K100xas long as short
Aftermath Perps SUIUSD+0.1510%1h1.0414+0.299%$83K$398K10xas long as short