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

SUI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Backpack against OKX+0.181%46s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.286% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)−0.263%−$26 · spread now +0.181%, 7d avg +0.013%
Together, before fees−0.220%−$22 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 0.168% dearer against OKX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.013%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SUI-USDT-SWAP1.04890.0100pay 0.0100% / 8h7h 33m$42.1M$386.7M50x
ShortBackpack SUI_USDC_PERP1.05080.0100get 0.0013% / 1h33m 22s$678K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against OKX. 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: +0.181% → +0.013%
$16.83
Slippage, 4 orders
−$8.62
Fee OKX: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$11.79
Costs to cover
0.286%
Break-even
never at this rate
Slippage from OKX: live order book, 6 min ago; Backpack: live order book, 1 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 OKX live order book, 6 min ago0.48 bp7.0 bp −$713.6 bp −$13642.4 bp −$4,241doesn't fit
Sell Backpack live order book, 1 min ago0.48 bp5.5 bp −$57.9 bp −$79doesn'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%1h1.0330−1.516%$42K$123K12xas long as short
Bluefin SUI-PERP−0.0674%1h1.0476−0.124%$601K$409K25xas long as short
Hibachi SUI/USDT-P−0.0432%1h1.0507+0.168%$6K$18K7xas long as short
Reya SUIRUSDPERP−0.0371%1h1.0494+0.048%$4K$3K20xas long as short
Phemex SUIUSDT−0.0075%8h1.0509+0.191%$11.8M$25.0M50xas long as short
dYdX SUI-USD0.0000%1h1.0504+0.143%$96K$169K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0525+0.343%$483K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0510+0.200%$204K$583K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0492+0.029%$121K150xas long as short
Kraken Futures PF_SUIUSD+0.0038%1h1.0512+0.218%$7.3M$23.9M50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange SUIUSD+0.0080%1h1.0503+0.133%$9K$9K10xas long as short
Lighter SUI+0.0096%1h1.0511+0.211%$814K$5.8M10xas long as short
Lighter RH SUI+0.0096%1h1.0509+0.194%$272K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0506+0.162%$29K$486K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.04890.000%$47K$313K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0509+0.195%$28K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0501+0.119%$667K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0518+0.279%$1.0M$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0509+0.191%$228K$256K10xas long as short
Binance SUIUSDT+0.0100%8h1.0492+0.028%$155.9M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0490+0.005%$104.9M$304.6M50xas long as short
OKX SUI-USDT-SWAPlong+0.0100%8h1.0489long leg$42.1M$386.7M50x
Arcus SUI-USD+0.0100%1h1.0520+0.296%$47K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0450−0.375%$246K$81310xas long as short
Gate SUI_USDT+0.0100%8h1.04890.000%$169.0M$80.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0499+0.095%$154.4M$293.4M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0496+0.067%$51.2M$52.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0494+0.048%$69.2M$165.6M75xas long as short
BingX SUI-USDT+0.0100%8h1.0490+0.010%$81.4Mas long as short
Backpack SUI_USDC_PERPshort+0.0100%1h1.0508+0.181%$678K$1.1M20x
Variational Omni SUI+0.0100%8h1.0488−0.011%$2.4M$2.9Mas long as short
edgeX SUIUSDC+0.0100%4h1.0495+0.058%$171K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0526+0.349%$458K$7.4M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0479−0.095%$241K$479K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0507+0.172%$120K$756K10xas long as short
SunX SUI-USDT+0.0100%8h1.0518+0.276%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0506+0.162%$6K$2.3M10xas long as short
HTX SUI-USDT+0.0100%8h1.0504+0.143%$647K$18.5M75xas long as short
Extended SUI-USD+0.0104%1h1.0487−0.016%$1.5M$3.9M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0496+0.065%$40K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0507+0.172%$1.0M$14.4M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0518+0.276%$8.1M$24.2M100xas long as short
Phoenix SUI+0.0299%1h1.0513+0.226%$208K$590K10xas long as short
Hyperliquid SUI+0.0394%1h1.0512+0.219%$76.6M$79.0M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0639% / S −0.0324%1h1.0491+0.020%$913K100xas long as short
Aftermath Perps SUIUSD+0.0876%1h1.0481−0.073%$94K$368K10xas long as short