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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.005%
Price spread now: Popdex against Phemex+0.010%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.010%, 7d avg −0.012%
Together, before fees+0.007%+$1 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: Popdex is 0.021% dearer against Phemex than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SUIUSDT1.01340.0100pay 0.0100% / 8h3m 49s$11.7M$28.2M50x
ShortPopdex SUIUSDT1.01350.0096get 0.0012% / 1h3m 49s$44K$528K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against Phemex. 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
−$0.84
Price spread: +0.010% → −0.012%
$2.15
Slippage, 4 orders
−$19.54
Fee Phemex: 6 bp × 2 orders
−$12
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$36.63
Costs to cover
0.379%
Break-even
never at this rate
Slippage from Phemex: live order book, 5 min ago; Popdex: live order book, 35 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 Phemex live order book, 5 min ago1.48 bp8.6 bp −$922.6 bp −$226doesn't fitdoesn't fit
Sell Popdex live order book, 35 min ago3.69 bp10.2 bp −$1028.4 bp −$284doesn'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−0.2780%1h1.0055−0.780%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0382%1h1.0129−0.052%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0264%1h1.0152+0.177%$5K$19K7xas long as short
Bluefin SUI-PERP−0.0084%1h1.0119−0.148%$580K$454K25xas long as short
dYdX SUI-USD0.0000%1h1.0138+0.039%$95K$257K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0145+0.105%$390K$4.2M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.01340.000%$195K$554K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0130−0.042%$114K150xas long as short
Lighter SUI+0.0096%1h1.0136+0.018%$748K$5.1M10xas long as short
Lighter RH SUI+0.0096%1h1.0138+0.040%$297K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDTshort+0.0096%1h1.0135+0.010%$44K$528K50x
Orderly PERP_SUI_USDC+0.0100%8h1.0129−0.049%$47K$318K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0139+0.050%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0128−0.054%$674K$2.2M10xas long as short
Aster SUIUSDT+0.0100%8h1.0134+0.003%$899K$4.2M75xas long as short
Pacifica SUI+0.0100%1h1.0140+0.059%$216K$252K10xas long as short
Binance SUIUSDT+0.0100%8h1.0135+0.008%$145.8M$987.7M75xas long as short
Bybit SUIUSDT+0.0100%8h1.0132−0.020%$97.6M$308.1M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.01340.000%$40.9M$365.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0140+0.059%$43K$324K10xas long as short
Bulk SUI-USD+0.0100%1h1.0161+0.266%$233K$7K10xas long as short
Gate SUI_USDT+0.0100%8h1.0132−0.020%$167.7M$82.6M50xas long as short
MEXC SUI_USDT+0.0100%8h1.01340.000%$105.0M$292.6M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0136+0.020%$50.9M$51.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0130−0.039%$66.9M$167.4M75xas long as short
BingX SUI-USDT+0.0100%8h1.01340.000%$88.3Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0131−0.030%$667K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0138+0.041%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0154+0.199%$163K$4.2M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0154+0.197%$435K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0157+0.227%$205K$371K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0139+0.049%$122K$533K10xas long as short
SunX SUI-USDT+0.0100%8h1.0149+0.148%$2K$1.6M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0132−0.020%$7K$1.7M10xas long as short
HTX SUI-USDT+0.0100%8h1.0133−0.010%$639K$18.2M75xas long as short
Phemex SUIUSDTlong+0.0100%8h1.0134long leg$11.7M$28.2M50x
Extended SUI-USD+0.0104%1h1.0130−0.044%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0132−0.020%$38K$11K3xas long as short
Kraken Futures PF_SUIUSD+0.0119%1h1.0136+0.018%$6.8M$21.5M50xas long as short
Hyperliquid SUI+0.0124%1h1.0145+0.109%$73.1M$77.6M10xas long as short
01 Exchange SUIUSD+0.0136%1h1.0136+0.020%$8K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0155+0.207%$7.6M$24.4M100xas long as short
Coinbase International SUI-PERP-INTX+0.0328%1h1.0174+0.395%$1.0M$14.3M50xas long as short
Phoenix SUI+0.0393%1h1.0168+0.332%$202K$400K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0601% / S −0.0263%1h1.0129−0.052%$931K100xas long as short
Aftermath Perps SUIUSD+0.1263%1h1.0147+0.133%$82K$409K10xas long as short