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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: SoDEX against Phemex+0.069%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$390.393% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.069%, 7d avg −0.015%
Together, before fees−0.053%−$5 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: SoDEX is 0.084% dearer against Phemex than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SUIUSDT1.01690.0100pay 0.0100% / 8h10m 00s$11.7M$28.2M50x
ShortSoDEX SUI-USD1.01760.0100get 0.0013% / 1h10m 00s$5K$1.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
Price spread: +0.069% → −0.015%
$8.35
Slippage, 4 orders
−$19.32
Fee Phemex: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$30.97
Costs to cover
0.393%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; SoDEX: 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 Phemex live order book, 4 min ago0.99 bp11.5 bp −$1122.3 bp −$223doesn't fitdoesn't fit
Sell SoDEX live order book, 4 min ago0.49 bp9.4 bp −$918.8 bp −$188105.8 bp −$10.6Kdoesn'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%1h1.0055−1.121%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0382%1h1.0174+0.052%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0280%1h1.0143−0.259%$5K$19K7xas long as short
Bluefin SUI-PERP−0.0104%1h1.0163−0.059%$583K$453K25xas long as short
dYdX SUI-USD0.0000%1h1.0160−0.089%$95K$257K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0166−0.031%$390K$4.2M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0178+0.089%$196K$554K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0174+0.047%$115K150xas long as short
Lighter SUI+0.0096%1h1.0177+0.079%$754K$5.1M10xas long as short
Lighter RH SUI+0.0096%1h1.0178+0.089%$298K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0168−0.010%$44K$527K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0174+0.049%$47K$276K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0153−0.153%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0169−0.002%$677K$2.2M10xas long as short
Aster SUIUSDT+0.0100%8h1.0164−0.050%$902K$4.2M75xas long as short
Pacifica SUI+0.0100%1h1.0161−0.078%$217K$253K10xas long as short
Binance SUIUSDT+0.0100%8h1.0164−0.053%$146.2M$988.7M75xas long as short
Bybit SUIUSDT+0.0100%8h1.0158−0.108%$97.7M$308.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0156−0.128%$40.9M$367.6M50xas long as short
Arcus SUI-USD+0.0100%1h1.0170+0.010%$43K$324K10xas long as short
Bulk SUI-USD+0.0100%1h1.0147−0.212%$232K$7K10xas long as short
Gate SUI_USDT+0.0100%8h1.0165−0.039%$168.3M$82.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.01690.000%$112.7M$291.1M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0167−0.020%$51.1M$51.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0158−0.108%$67.0M$167.7M75xas long as short
BingX SUI-USDT+0.0100%8h1.0167−0.020%$88.3Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0168−0.010%$670K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0144−0.244%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0146−0.230%$163K$4.3M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0147−0.218%$442K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0157−0.118%$205K$370K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0179+0.098%$122K$533K10xas long as short
SunX SUI-USDT+0.0100%8h1.0189+0.197%$3K$1.6M30xas long as short
SoDEX SUI-USDshort+0.0100%1h1.0176+0.069%$5K$1.7M10x
HTX SUI-USDT+0.0100%8h1.0176+0.069%$636K$18.3M75xas long as short
Phemex SUIUSDTlong+0.0100%8h1.0169long leg$11.7M$28.2M50x
Extended SUI-USD+0.0104%1h1.0153−0.157%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0174+0.054%$39K$11K3xas long as short
Hyperliquid SUI+0.0118%1h1.0179+0.103%$73.4M$77.8M10xas long as short
Kraken Futures PF_SUIUSD+0.0118%1h1.0178+0.092%$6.8M$21.6M50xas long as short
01 Exchange SUIUSD+0.0144%1h1.0173+0.039%$8K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0146−0.226%$7.6M$24.4M100xas long as short
Coinbase International SUI-PERP-INTX+0.0328%1h1.0189+0.197%$1.0M$14.3M50xas long as short
Phoenix SUI+0.0393%1h1.0168−0.012%$202K$400K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0602% / S −0.0263%1h1.0173+0.044%$935K100xas long as short
Aftermath Perps SUIUSD+0.1258%1h1.0155−0.133%$82K$409K10xas long as short