Funding you earn now, next payment 04:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.064%
Price spread now: Bybit against Coinbase International−0.194%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$440.443% of the position
Funding, last 7 days−0.430%−$43 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.194%, 7d avg −0.112%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.081% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.112%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SUI-PERP-INTX | 1.0271 | 0.0248 | pay 0.0031% / 1h | 26m 34s | $976K | $15.0M | 50x |
| Short | Bybit SUIUSDT | 1.0251 | 0.0100 | get 0.0100% / 8h | 3h 26m | $100.9M | $308.2M | 50x |
Coinbase International SUI-PERP-INTX
Bybit SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$31.08
- Price spread: −0.194% → −0.112%
- −$8.13
- Slippage, 4 orders
- −$23.28
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$83.49
- Costs to cover
- 0.443%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Bybit: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 3 min ago | 4.86 bp | 13.7 bp −$14 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.49 bp | 7.7 bp −$8 | 14.0 bp −$140 | 36.4 bp −$3,640 | doesn't fit |
SUI on 46 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SUI/USDC PERP | −0.3470% | 1h | 1.0224 | −0.458% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0377% | 1h | 1.0251 | −0.198% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0192% | 1h | 1.0260 | −0.103% | $6K | $19K | 7x | as long as short |
| Kraken Futures PF_SUIUSD | −0.0067% | 1h | 1.0265 | −0.056% | $6.7M | $26.7M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0251 | −0.194% | $129K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0256 | −0.149% | $492K | $5.1M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0261 | −0.097% | $199K | $572K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0261 | −0.097% | $115K | — | 150x | as long as short |
| Bluefin SUI-PERP | +0.0046% | 1h | 1.0248 | −0.224% | $588K | $407K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0265 | −0.058% | $776K | $5.4M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
Kraken Futures PF_SUIUSD
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Bluefin SUI-PERP
Lighter SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0256 | −0.141% | $306K | $2.2M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0251 | −0.195% | $45K | $516K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0253 | −0.174% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0250 | −0.204% | $579K | $2.1M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0253 | −0.179% | $886K | $4.5M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0254 | −0.166% | $221K | $254K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0253 | −0.178% | $147.2M | $1.03B | 75x | as long as short |
| Bybit SUIUSDTshort | +0.0100% | 8h | 1.0251 | −0.194% | $100.9M | $308.2M | 50x | |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0250 | −0.204% | $40.2M | $384.4M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0250 | −0.204% | $44K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0310 | +0.380% | $242K | $5K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0248 | −0.224% | $166.7M | $81.9M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0251 | −0.195% | $153.2M | $294.7M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0252 | −0.185% | $50.3M | $54.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0249 | −0.214% | $67.1M | $173.1M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0250 | −0.204% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0260 | −0.107% | $648K | $1.3M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0342 | +0.688% | $2.5M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0302 | +0.303% | $167K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0290 | +0.185% | $444K | $7.6M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0336 | +0.633% | $226K | $431K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0261 | −0.097% | $123K | $735K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0261 | −0.097% | $47K | $165K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0307 | +0.351% | $2K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0263 | −0.078% | $14K | $2.0M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0260 | −0.107% | $585K | $19.5M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0265 | −0.058% | $11.8M | $27.0M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0248 | −0.224% | $1.4M | $4.1M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0260 | −0.111% | $39K | $11K | 3x | as long as short |
| 01 Exchange SUIUSD | +0.0152% | 1h | 1.0251 | −0.195% | $9K | $3K | 10x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0267 | −0.039% | $7.8M | $24.6M | 100x | as long as short |
| Coinbase International SUI-PERP-INTXlong | +0.0248% | 1h | 1.0271 | long leg | $976K | $15.0M | 50x | |
| Hyperliquid SUI | +0.0390% | 1h | 1.0260 | −0.107% | $74.1M | $81.1M | 10x | as long as short |
| Phoenix SUI | +0.0408% | 1h | 1.0313 | +0.410% | $209K | $415K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0600% / S −0.0260% | 1h | 1.0261 | −0.100% | $937K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1505% | 1h | 1.0304 | +0.320% | $82K | $402K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
Aevo SUI-PERP
01 Exchange SUIUSD
BloFin SUI-USDT
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD