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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: edgeX against Backpack+1.423%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs+$113as in the Price arb table
costs, in and out, $10k−$290.285% 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 7 days−1.366%−$137 · spread now +1.423%, 7d avg +0.010%
Together, before fees−1.357%+ Points / potential airdropedgeX: Active · farm board−$136 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: edgeX is 1.412% dearer against Backpack than usual: you sell high and buy low, +$141 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SUI_USDC_PERP1.00390.0100pay 0.0013% / 1h33m 29s$621K$1.3M20x
ShortedgeX SUIUSDC1.01820.0100get 0.0050% / 4h2h 33m$164K$4.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +1.423% → +0.010%
$141.25
Slippage, 4 orders
−$9.52
Fee Backpack: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$112.73
Costs to cover
0.285%
Break-even
from the start
Slippage from Backpack: live order book, 1 min ago; edgeX: 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 Backpack live order book, 1 min ago0.50 bp8.5 bp −$923.8 bp −$238doesn't fitdoesn't fit
Sell edgeX live order book, 1 min ago1.99 bp6.5 bp −$69.6 bp −$96doesn'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−0.3309%1h1.0121+0.817%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0378%1h1.0058+0.185%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0168%1h1.0063+0.239%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0041+0.024%$126K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0126+0.867%$362K$5.1M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0057+0.179%$195K$562K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0058+0.193%$113K150xas long as short
Bluefin SUI-PERP+0.0051%1h1.0040+0.010%$576K$406K25xas long as short
Lighter SUI+0.0096%1h1.0041+0.016%$768K$5.4M10xas long as short
Lighter RH SUI+0.0096%1h1.0048+0.088%$296K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0059+0.199%$29K$519K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0057+0.179%$46K$202K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0044+0.051%$26K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0060+0.214%$566K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0055+0.155%$876K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0044+0.050%$217K$254K10xas long as short
Binance SUIUSDT+0.0100%8h1.0057+0.177%$143.5M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0055+0.159%$99.5M$315.6M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0060+0.209%$40.3M$382.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0070+0.309%$43K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0196+1.566%$240K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0046+0.070%$165.0M$84.1M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0061+0.219%$149.1M$292.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0062+0.229%$49.4M$53.8M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0053+0.139%$66.3M$176.7M75xas long as short
BingX SUI-USDT+0.0100%8h1.0059+0.199%$82.6Mas long as short
Backpack SUI_USDC_PERPlong+0.0100%1h1.0039long leg$621K$1.3M20x
Variational Omni SUI+0.0100%8h1.0171+1.314%$2.4M$3.4Mas long as short
edgeX SUIUSDCshort+0.0100%4h1.0182+1.423%$164K$4.5M20x
GRVT SUI_USDT_Perp+0.0100%8h1.0189+1.490%$441K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0185+1.454%$222K$435K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0064+0.249%$134K$726K10xas long as short
SunX SUI-USDT+0.0100%8h1.0075+0.359%$3K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0062+0.229%$13K$1.9M10xas long as short
HTX SUI-USDT+0.0100%8h1.0043+0.040%$615K$19.4M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0050+0.110%$11.5M$27.6M50xas long as short
Extended SUI-USD+0.0104%1h1.0042+0.033%$1.4M$4.1M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0059+0.199%$9K$3K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0063+0.243%$38K$11K3xas long as short
Kraken Futures PF_SUIUSD+0.0174%1h1.0059+0.202%$6.7M$24.9M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0174+1.345%$7.6M$24.4M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0068+0.289%$966K$14.9M50xas long as short
Hyperliquid SUI+0.0326%1h1.0065+0.259%$72.3M$80.4M10xas long as short
Phoenix SUI+0.0416%1h1.0059+0.198%$199K$422K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0598% / S −0.0263%1h1.0056+0.172%$924K100xas long as short
Aftermath Perps SUIUSD+0.1414%1h1.0150+1.103%$82K$408K10xas long as short