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−0.0336%/8h= −36.7% APRpaid last 24h −0.058%
Price spread now: Bluefin against Bitget−0.030%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$450.447% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.124%+$12 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.030%, 7d avg −0.098%
Together, before fees+0.088%+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bluefin is 0.068% dearer against Bitget than usual: you sell high and buy low (spread −0.030% now, against its 7-day average of −0.098%): +$7 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 16 hours. Mind the row above: over the last 7 days funding on this pair paid +0.124%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SUIUSDT1.01260.0100pay 0.0100% / 8h37m 40s$66.9M$168.9M75x
ShortBluefin SUI-PERP1.0123−0.0236pay 0.0029% / 1h37m 40s$581K$429K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Bitget. 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
−$70.47
Price spread: −0.030% → −0.098%
$6.8
Slippage, 4 orders
−$25.67
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$108.35
Costs to cover
0.447%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; Bluefin: 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 Bitget live order book, 1 min ago0.99 bp10.2 bp −$1013.8 bp −$13844.5 bp −$4,450doesn't fit
Sell Bluefin live order book, 1 min ago2.47 bp12.4 bp −$12108.9 bp −$1,089doesn'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%1h1.0068−0.573%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0381%1h1.0138+0.123%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0328%1h1.0156+0.299%$5K$20K7xas long as short
Bluefin SUI-PERPshort−0.0236%1h1.0123−0.030%$581K$429K25x
dYdX SUI-USD0.0000%1h1.0122−0.039%$95K$257K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0150+0.237%$389K$4.3M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0139+0.128%$195K$558K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0136+0.099%$114K150xas long as short
Lighter SUI+0.0096%1h1.0131+0.044%$763K$5.1M10xas long as short
Lighter RH SUI+0.0096%1h1.0129+0.026%$295K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0119−0.069%$39K$525K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0137+0.109%$47K$244K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0128+0.015%$26K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0147+0.207%$679K$2.2M10xas long as short
Hyperliquid SUI+0.0100%1h1.0130+0.040%$73.0M$78.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0127+0.011%$894K$4.2M75xas long as short
Pacifica SUI+0.0100%1h1.0128+0.022%$215K$255K10xas long as short
Binance SUIUSDT+0.0100%8h1.0128+0.020%$146.1M$995.9M75xas long as short
Bybit SUIUSDT+0.0100%8h1.0130+0.040%$98.1M$311.1M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0129+0.030%$40.8M$367.7M50xas long as short
Arcus SUI-USD+0.0100%1h1.0130+0.040%$43K$326K10xas long as short
Bulk SUI-USD+0.0100%1h1.0138+0.121%$238K$45410xas long as short
Gate SUI_USDT+0.0100%8h1.0128+0.020%$166.3M$81.8M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0130+0.040%$153.9M$283.2M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0122−0.040%$49.8M$52.1M75xas long as short
Bitget SUIUSDTlong+0.0100%8h1.0126long leg$66.9M$168.9M75x
BingX SUI-USDT+0.0100%8h1.0130+0.040%$86.3Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.01260.000%$672K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0180+0.528%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0185+0.581%$164K$4.3M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0180+0.537%$443K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0187+0.602%$223K$365K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0149+0.227%$122K$540K10xas long as short
SunX SUI-USDT+0.0100%8h1.0169+0.425%$3K$1.6M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0134+0.079%$7K$1.7M10xas long as short
HTX SUI-USDT+0.0100%8h1.0130+0.040%$634K$18.3M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0137+0.109%$11.7M$28.2M50xas long as short
Extended SUI-USD+0.0104%1h1.0128+0.023%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0137+0.110%$38K$11K3xas long as short
Kraken Futures PF_SUIUSD+0.0119%1h1.0133+0.065%$6.8M$21.8M50xas long as short
01 Exchange SUIUSD+0.0144%1h1.0116−0.099%$8K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0157+0.306%$7.6M$24.4M100xas long as short
Coinbase International SUI-PERP-INTX+0.0328%1h1.0155+0.286%$1.0M$14.3M50xas long as short
Phoenix SUI+0.0393%1h1.0204+0.772%$202K$400K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0600% / S −0.0263%1h1.0135+0.091%$932K100xas long as short
Aftermath Perps SUIUSD+0.1300%1h1.0173+0.464%$82K$409K10xas long as short