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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.107%
Price spread now: edgeX against Hyperliquid−0.472%86s7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.161%−$16 on $10k
Price spread, last 7 days+0.444%+$44 · spread now −0.472%, 7d avg −0.097%
Together, before fees+0.283%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and edgeX is 0.374% cheaper against Hyperliquid than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of −0.097%). Swap the legs. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SUI1.04090.0304pay 0.0038% / 1h2m 02s$75.0M$80.1M10x
ShortedgeX SUIUSDC1.03600.0100get 0.0050% / 4h2h 02m$169K$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$42.74
Price spread: −0.472% → −0.097%
−$37.45
Slippage, 4 orders
−$8.39
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$106.57
Costs to cover
0.264%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; edgeX: live order book, 2 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, 12 min ago0.96 bp7.1 bp −$711.1 bp −$111doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago1.92 bp6.4 bp −$611.0 bp −$110doesn'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%1h1.0252−1.508%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0373%1h1.0400−0.083%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0280%1h1.0404−0.045%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0386−0.220%$95K$169K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0413+0.037%$521K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0397−0.115%$202K$577K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0404−0.052%$114K150xas long as short
Kraken Futures PF_SUIUSD+0.0011%1h1.0398−0.104%$6.8M$27.0M50xas long as short
Bluefin SUI-PERP+0.0059%1h1.0386−0.221%$594K$414K25xas long as short
Lighter SUI+0.0096%1h1.0397−0.118%$820K$5.7M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0399−0.092%$277K$2.1M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0399−0.096%$31K$501K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0396−0.122%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0395−0.134%$719K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0395−0.135%$912K$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0389−0.194%$227K$268K10xas long as short
Binance SUIUSDT+0.0100%8h1.0396−0.122%$152.1M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0398−0.106%$103.2M$309.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0397−0.115%$41.0M$387.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0400−0.086%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0351−0.557%$243K$4K10xas long as short
Gate SUI_USDT+0.0100%8h1.0395−0.134%$164.6M$84.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0396−0.125%$150.8M$301.5M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0400−0.086%$50.7M$53.8M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0393−0.154%$67.6M$170.1M75xas long as short
BingX SUI-USDC+0.0100%8h1.0394−0.144%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0393−0.154%$710K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0364−0.435%$2.4M$3.2Mas long as short
edgeX SUIUSDCshort+0.0100%4h1.0360−0.472%$169K$4.7M20x
GRVT SUI_USDT_Perp+0.0100%8h1.0371−0.366%$446K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0357−0.500%$236K$472K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0411+0.019%$121K$722K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0398−0.106%$47K$243K20xas long as short
SunX SUI-USDT+0.0100%8h1.0422+0.125%$3K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0395−0.134%$6K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0406−0.029%$599K$19.9M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0394−0.144%$11.6M$25.9M50xas long as short
Extended SUI-USD+0.0104%1h1.0396−0.129%$1.4M$4.1M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0399−0.096%$9K$3K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0399−0.096%$39K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0152%1h1.0412+0.029%$983K$14.6M50xas long as short
Phoenix SUI+0.0221%1h1.0371−0.362%$206K$595K10xas long as short
Hyperliquid SUIlong+0.0304%1h1.0409long leg$75.0M$80.1M10x
GMX SUI/USD [ETH-USDC]L +0.0627% / S −0.0278%1h1.0402−0.067%$981K100xas long as short
Aftermath Perps SUIUSD+0.1099%1h1.0397−0.115%$83K$383K10xas long as short