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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Backpack against edgeX+0.098%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$250.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)−0.236%−$24 · spread now +0.098%, 7d avg −0.003%
Together, before fees−0.245%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.100% dearer against edgeX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SUIUSDC1.03600.0100pay 0.0050% / 4h2h 04m$169K$4.7M20x
ShortBackpack SUI_USDC_PERP1.03700.0100get 0.0013% / 1h4m 23s$675K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against edgeX. 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
$0
Price spread: +0.098% → −0.003%
$10.05
Slippage, 4 orders
−$5.74
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$14.69
Costs to cover
0.247%
Break-even
never at this rate
Slippage from edgeX: live order book, 5 min ago; Backpack: live order book, 5 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 edgeX live order book, 5 min ago1.93 bp6.4 bp −$69.5 bp −$95doesn't fitdoesn't fit
Sell Backpack live order book, 5 min ago0.48 bp5.7 bp −$611.3 bp −$113doesn't fitdoesn't fit

SUI on 45 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%1h1.0250−1.061%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0373%1h1.0415+0.535%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0296%1h1.0366+0.058%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0404+0.427%$95K$170K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0369+0.085%$518K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0377+0.165%$202K$577K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0415+0.532%$114K150xas long as short
Kraken Futures PF_SUIUSD+0.0012%1h1.0375+0.149%$6.8M$27.0M50xas long as short
Bluefin SUI-PERP+0.0060%1h1.0362+0.020%$593K$414K25xas long as short
Lighter SUI+0.0096%1h1.0418+0.564%$821K$5.7M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0404+0.428%$277K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0417+0.551%$31K$495K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0403+0.420%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0418+0.561%$738K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0398+0.365%$912K$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0413+0.508%$227K$268K10xas long as short
Binance SUIUSDT+0.0100%8h1.0418+0.561%$152.4M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0417+0.551%$103.4M$310.4M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0417+0.551%$41.0M$388.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0430+0.677%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0351−0.086%$243K$4K10xas long as short
Gate SUI_USDT+0.0100%8h1.0417+0.551%$165.1M$84.6M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0419+0.571%$150.8M$301.3M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0406+0.445%$50.8M$53.8M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0414+0.522%$67.7M$170.1M75xas long as short
BingX SUI-USDT+0.0100%8h1.0417+0.551%$82.2Mas long as short
Backpack SUI_USDC_PERPshort+0.0100%1h1.0370+0.098%$675K$1.2M20x
Variational Omni SUI+0.0100%8h1.0364+0.037%$2.4M$3.2Mas long as short
edgeX SUIUSDClong+0.0100%4h1.0360long leg$169K$4.7M20x
GRVT SUI_USDT_Perp+0.0100%8h1.0361+0.015%$449K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0357−0.028%$236K$472K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0429+0.667%$120K$722K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0372+0.117%$47K$244K20xas long as short
SunX SUI-USDT+0.0100%8h1.0363+0.030%$3K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0374+0.136%$6K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0357−0.028%$602K$19.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0370+0.098%$11.6M$25.9M50xas long as short
Extended SUI-USD+0.0104%1h1.0421+0.591%$1.5M$4.1M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0417+0.551%$9K$3K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0378+0.175%$39K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0152%1h1.0377+0.165%$982K$14.6M50xas long as short
Phoenix SUI+0.0221%1h1.0371+0.110%$206K$595K10xas long as short
Hyperliquid SUI+0.0282%1h1.0432+0.696%$75.0M$80.0M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0628% / S −0.0278%1h1.0415+0.534%$983K100xas long as short
Aftermath Perps SUIUSD+0.1082%1h1.0384+0.234%$82K$383K10xas long as short