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

SUI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0291%/8h= +31.9% APRpaid last 24h +0.078%
Price spread now: Orderly against Bluefin+0.145%7-day average +0.112% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.107%−$11 on $10k
Price spread, last 3 days (all we have)−0.031%−$3 · spread now +0.145%, 7d avg +0.112%
Together, before fees−0.138%−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Orderly is 0.033% dearer against Bluefin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.112%. Mind the row above: over the last 7 days funding on this pair cost −0.107%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% 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
LongBluefin SUI-PERP1.0333−0.0191get 0.0024% / 1h38m 51s$591K$419K25x
ShortOrderly PERP_SUI_USDC1.03480.0100get 0.0100% / 8h6h 38m$47K$283K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Bluefin. 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
$61.11
Price spread: +0.145% → +0.112%
$3.33
Slippage, 4 orders
no order book: not counted
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Orderly: 3 bp × 2 orders
−$6
Net
$51.43
Costs to cover
0.130%
Break-even
1.1 days
Slippage unknown: Bluefin: live order book, 30 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bluefin live order book, 30 min ago2.32 bp13.4 bp −$1357.3 bp −$573doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.4499%1h1.0211−1.181%$42K$123K12xas long as short
Hibachi SUI/USDT-P−0.0472%1h1.0284−0.477%$6K$19K7xas long as short
Reya SUIRUSDPERP−0.0372%1h1.0352+0.179%$4K$3K20xas long as short
Bluefin SUI-PERPlong−0.0191%1h1.0333long leg$591K$419K25x
ApeX Omni SUIUSDT−0.0156%1h1.0454+1.171%$239K$505K50xas long as short
dYdX SUI-USD0.0000%1h1.0318−0.142%$94K$171K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0347+0.135%$538K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0351+0.174%$201K$580K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0351+0.174%$119K150xas long as short
Kraken Futures PF_SUIUSD+0.0012%1h1.0351+0.177%$7.0M$26.7M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0072%1h1.0324−0.087%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0336+0.030%$816K$5.7M10xas long as short
Lighter RH SUI+0.0096%1h1.0351+0.169%$273K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0318−0.145%$29K$494K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0380+0.453%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0350+0.165%$626K$1.8M10xas long as short
Hyperliquid SUI+0.0100%1h1.0347+0.135%$74.1M$80.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0354+0.199%$936K$5.1M75xas long as short
Pacifica SUI+0.0100%1h1.0314−0.180%$224K$268K10xas long as short
Binance SUIUSDT+0.0100%8h1.0346+0.130%$151.0M$1.06B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0339+0.055%$102.7M$314.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0335+0.019%$40.7M$392.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0310−0.223%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0479+1.413%$246K$3K10xas long as short
Gate SUI_USDT+0.0100%8h1.0353+0.194%$163.7M$83.6M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0351+0.174%$148.9M$297.2M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0346+0.126%$50.6M$54.0M75xas long as short
Bitget SUIUSDT+0.0100%8h1.03330.000%$67.1M$173.7M75xas long as short
BingX SUI-USDC+0.0100%8h1.0345+0.116%$6.6Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0352+0.184%$661K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0355+0.212%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0444+1.079%$170K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0334+0.012%$453K$7.5M10xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0361+0.271%$119K$730K10xas long as short
Orderly PERP_SUI_USDCshort+0.0100%8h1.0348+0.145%$47K$283K20x
SunX SUI-USDT+0.0100%8h1.0354+0.203%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0352+0.184%$6K$2.2M10xas long as short
HTX SUI-USDT+0.0100%8h1.0348+0.145%$664K$19.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0352+0.184%$11.5M$25.6M50xas long as short
Extended SUI-USD+0.0104%1h1.0347+0.140%$1.4M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0354+0.199%$39K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0152%1h1.0348+0.145%$1.0M$14.6M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0524+1.848%$8.0M$25.7M100xas long as short
Phoenix SUI+0.0221%1h1.0301−0.312%$204K$595K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0628% / S −0.0282%1h1.0345+0.117%$980K100xas long as short
Aftermath Perps SUIUSD+0.0922%1h1.0404+0.685%$78K$382K10xas long as short