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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0200%/8h= −21.9% APRnext payment $0.25 per $10,000 · paid last 24h −0.084%
Price spread now: Deribit against Coinbase International−0.009%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$440.444% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.367%−$37 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.009%, 7d avg −0.070%
Together, before fees−0.355%−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.060% dearer against Coinbase International than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.070%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 24 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SUI-PERP-INTX1.05590.0200pay 0.0025% / 1h26m 49s$996K$14.4M50x
ShortDeribit SUI_USDC-PERPETUAL1.05580get 0.0000% / 1h26m 49s$205K$582K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$42
Price spread: −0.009% → −0.070%
$6.03
Slippage, 4 orders
−$27.42
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$80.39
Costs to cover
0.444%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Deribit: live order book, 47 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 Coinbase International live order book, 2 min ago4.74 bp12.2 bp −$1219.4 bp −$194doesn't fitdoesn't fit
Sell Deribit live order book, 47 min ago4.83 bp8.3 bp −$815.4 bp −$154doesn'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%1h1.0330−2.169%$42K$123K12xas long as short
Bluefin SUI-PERP−0.0586%1h1.0544−0.142%$605K$408K25xas long as short
Hibachi SUI/USDT-P−0.0440%1h1.0549−0.091%$6K$18K7xas long as short
Reya SUIRUSDPERP−0.0371%1h1.0551−0.076%$4K$3K20xas long as short
Phemex SUIUSDT−0.0260%8h1.0562+0.028%$11.8M$25.2M50xas long as short
dYdX SUI-USD0.0000%1h1.0595+0.344%$97K$169K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0562+0.030%$484K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUALshort0.0000%1h1.0558−0.009%$205K$582K25x
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0560+0.009%$122K150xas long as short
Kraken Futures PF_SUIUSD+0.0038%1h1.0563+0.039%$7.3M$23.8M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0072%1h1.0560+0.009%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0601+0.396%$818K$5.8M10xas long as short
Lighter RH SUI+0.0096%1h1.0593+0.317%$280K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0557−0.019%$30K$481K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0556−0.028%$47K$312K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0638+0.753%$28K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0554−0.043%$671K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0581+0.210%$1.0M$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0601+0.401%$230K$253K10xas long as short
Binance SUIUSDT+0.0100%8h1.0606+0.446%$157.7M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0613+0.511%$106.3M$304.3M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0607+0.455%$42.5M$390.6M50xas long as short
Arcus SUI-USD+0.0100%1h1.0550−0.085%$47K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0564+0.049%$248K$1K10xas long as short
Gate SUI_USDT+0.0100%8h1.0579+0.189%$171.1M$81.2M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0602+0.407%$156.4M$295.4M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0589+0.284%$51.7M$52.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0583+0.227%$69.6M$165.3M75xas long as short
BingX SUI-USDT+0.0100%8h1.0581+0.208%$81.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0557−0.019%$678K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0491−0.645%$2.4M$2.9Mas long as short
edgeX SUIUSDC+0.0100%4h1.0548−0.107%$171K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0526−0.313%$459K$7.3M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0560+0.009%$242K$479K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0563+0.038%$120K$752K10xas long as short
SunX SUI-USDT+0.0100%8h1.0565+0.057%$3K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0557−0.019%$6K$2.3M10xas long as short
HTX SUI-USDT+0.0100%8h1.0552−0.066%$651K$18.6M75xas long as short
Extended SUI-USD+0.0104%1h1.0572+0.125%$1.5M$3.9M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0560+0.013%$40K$16K3xas long as short
Coinbase International SUI-PERP-INTXlong+0.0200%1h1.0559long leg$996K$14.4M50x
BloFin SUI-USDT+0.0220%8h1.0547−0.114%$8.1M$24.7M100xas long as short
Phoenix SUI+0.0299%1h1.0559+0.001%$209K$590K10xas long as short
Hyperliquid SUI+0.0407%1h1.0599+0.379%$77.1M$79.4M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0641% / S −0.0324%1h1.0557−0.017%$918K100xas long as short
Aftermath Perps SUIUSD+0.0913%1h1.0528−0.297%$76K$381K10xas long as short