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

SUI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0370%/8h= −40.5% APRnext payment $0.46 per $10,000 · paid last 24h −0.078%
Price spread now: Bluefin against Bulk−0.239%7-day average −0.180% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.174%−$17 on $10k
Price spread, last 3 days (all we have)+0.364%+$36 · spread now −0.239%, 7d avg −0.180%
Together, before fees+0.190%+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bluefin is 0.060% cheaper against Bulk than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.180%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk SUI-USD1.03870.0100pay 0.0013% / 1h50m 37s$244K$2K10x
ShortBluefin SUI-PERP1.0362−0.0270pay 0.0034% / 1h50m 37s$594K$407K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Bulk. 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
−$77.71
Price spread: −0.239% → −0.180%
−$5.95
Slippage, 4 orders
−$20.18
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$117.84
Costs to cover
0.342%
Break-even
never at this rate
Slippage from Bulk: live order book, 23 min ago; Bluefin: live order book, 24 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 Bulk live order book, 23 min ago0.97 bp4.6 bp −$56.4 bp −$6416.3 bp −$1,62539.8 bp −$19.9K
Sell Bluefin live order book, 24 min ago2.42 bp14.2 bp −$1458.0 bp −$580doesn'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−0.3416%1h1.0260−1.221%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0370%1h1.0367−0.191%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0368%1h1.0418+0.299%$6K$19K7xas long as short
Bluefin SUI-PERPshort−0.0270%1h1.0362−0.239%$594K$407K25x
dYdX SUI-USD0.0000%1h1.0378−0.081%$95K$176K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0362−0.241%$471K$5.2M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0377−0.095%$202K$585K25xas long as short
ApeX Omni SUIUSDT+0.0001%1h1.0431+0.425%$239K$462K50xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0371−0.153%$120K150xas long as short
Kraken Futures PF_SUIUSD+0.0039%1h1.0379−0.075%$7.2M$24.4M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0048%1h1.0370−0.162%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0382−0.049%$800K$5.8M10xas long as short
Lighter RH SUI+0.0096%1h1.0383−0.037%$268K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0369−0.172%$32K$504K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0374−0.124%$46K$324K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0380−0.064%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0370−0.162%$655K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0376−0.104%$998K$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0376−0.103%$226K$259K10xas long as short
Binance SUIUSDT+0.0100%8h1.0375−0.113%$154.5M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0373−0.133%$104.1M$308.5M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0376−0.104%$41.7M$389.2M50xas long as short
Arcus SUI-USD+0.0100%1h1.0390+0.030%$46K$387K10xas long as short
Bulk SUI-USDlong+0.0100%1h1.0387long leg$244K$2K10x
Gate SUI_USDT+0.0100%8h1.0378−0.085%$167.3M$80.1M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0375−0.114%$150.8M$290.1M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0373−0.133%$50.5M$53.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0374−0.124%$68.4M$168.4M75xas long as short
BingX SUI-USDT+0.0100%8h1.0377−0.095%$81.9Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0367−0.191%$671K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0369−0.173%$2.3M$2.9Mas long as short
edgeX SUIUSDC+0.0100%4h1.0424+0.353%$169K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0420+0.319%$453K$7.2M10xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0376−0.104%$118K$760K10xas long as short
SunX SUI-USDT+0.0100%8h1.0384−0.027%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0375−0.114%$6K$2.3M10xas long as short
HTX SUI-USDT+0.0100%8h1.0374−0.124%$642K$18.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0374−0.124%$11.6M$25.0M50xas long as short
Extended SUI-USD+0.0104%1h1.0381−0.058%$1.4M$3.8M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0376−0.104%$39K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0378−0.085%$1.0M$14.1M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0368−0.181%$8.0M$24.3M100xas long as short
Phoenix SUI+0.0299%1h1.0440+0.513%$207K$590K10xas long as short
Hyperliquid SUI+0.0422%1h1.0389+0.016%$75.5M$80.2M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0640% / S −0.0317%1h1.0371−0.149%$889K100xas long as short
Aftermath Perps SUIUSD+0.0923%1h1.0414+0.258%$94K$365K10xas long as short