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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.084%
Price spread now: BloFin against Hyperliquid−0.130%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$310.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 3 days (all we have)+0.078%+$8 · spread now −0.130%, 7d avg −0.075%
Together, before fees+0.090%+ Points / potential airdropHyperliquid: Season 2 · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.055% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SUI1.05320.0388pay 0.0049% / 1h34m 43s$76.7M$78.9M10x
ShortBloFin SUI-USDT1.05180.0220get 0.0220% / 8h7h 34m$8.1M$24.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Hyperliquid. 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
−$35.37
Price spread: −0.130% → −0.075%
−$5.51
Slippage, 4 orders
−$10.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$71.9
Costs to cover
0.310%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; BloFin: live order book, 4 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 Hyperliquid live order book, 9 min ago2.39 bp8.2 bp −$815.5 bp −$155doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago0.48 bp7.1 bp −$713.1 bp −$13121.8 bp −$2,18048.0 bp −$24.0K

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%1h1.0330−1.915%$42K$123K12xas long as short
Bluefin SUI-PERP−0.0710%1h1.0495−0.348%$602K$410K25xas long as short
Hibachi SUI/USDT-P−0.0424%1h1.0484−0.450%$6K$19K7xas long as short
Reya SUIRUSDPERP−0.0371%1h1.0499−0.306%$4K$3K20xas long as short
Phemex SUIUSDT−0.0059%8h1.0508−0.225%$11.8M$25.1M50xas long as short
dYdX SUI-USD0.0000%1h1.0501−0.288%$96K$169K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0494−0.360%$482K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0511−0.197%$204K$583K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0510−0.206%$121K150xas long as short
Kraken Futures PF_SUIUSD+0.0038%1h1.0514−0.168%$7.3M$23.9M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0080%1h1.0515−0.159%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0510−0.205%$814K$5.8M10xas long as short
Lighter RH SUI+0.0096%1h1.0508−0.229%$272K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0498−0.320%$33K$481K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0508−0.225%$47K$314K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0508−0.227%$28K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0504−0.263%$666K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0525−0.067%$1.0M$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0510−0.206%$228K$256K10xas long as short
Binance SUIUSDT+0.0100%8h1.0508−0.225%$156.1M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0509−0.216%$105.2M$305.1M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0513−0.178%$41.9M$387.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0520−0.111%$47K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0450−0.779%$246K$81310xas long as short
Gate SUI_USDT+0.0100%8h1.0510−0.206%$169.2M$80.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0508−0.225%$155.0M$293.3M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0513−0.178%$51.3M$52.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0509−0.216%$69.3M$165.7M75xas long as short
BingX SUI-USDT+0.0100%8h1.0511−0.197%$81.4Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0513−0.178%$679K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0488−0.416%$2.4M$2.9Mas long as short
edgeX SUIUSDC+0.0100%4h1.0449−0.788%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0444−0.833%$452K$7.3M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0479−0.500%$241K$479K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0512−0.187%$120K$757K10xas long as short
SunX SUI-USDT+0.0100%8h1.0514−0.168%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0508−0.225%$6K$2.3M10xas long as short
HTX SUI-USDT+0.0100%8h1.0502−0.282%$649K$18.5M75xas long as short
Extended SUI-USD+0.0104%1h1.0509−0.217%$1.5M$3.9M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0513−0.180%$40K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0508−0.225%$998K$14.4M50xas long as short
BloFin SUI-USDTshort+0.0220%8h1.0518−0.130%$8.1M$24.2M100x
Phoenix SUI+0.0299%1h1.0503−0.268%$208K$590K10xas long as short
Hyperliquid SUIlong+0.0388%1h1.0532long leg$76.7M$78.9M10x
GMX SUI/USD [ETH-USDC]L +0.0640% / S −0.0324%1h1.0511−0.197%$914K100xas long as short
Aftermath Perps SUIUSD+0.0870%1h1.0465−0.635%$93K$368K10xas long as short