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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.005%
Price spread now: Deribit against Popdex+0.175%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.015%+$1 on $10k
Price spread, last 3 days (all we have)−0.093%−$9 · spread now +0.175%, 7d avg +0.034%
Together, before fees−0.078%−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.141% dearer against Popdex than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of +0.034%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SUIUSDT1.02770.0096pay 0.0012% / 1h45m 53s$37K$503K50x
ShortDeribit SUI_USDC-PERPETUAL1.02950get 0.0000% / 1h45m 53s$188K$547K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Popdex. 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
−$20.16
Price spread: +0.175% → +0.034%
$14.14
Slippage, 4 orders
−$16.88
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$36.31
Costs to cover
0.303%
Break-even
never at this rate
Slippage from Popdex: live order book, 38 min ago; Deribit: live order book, 38 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 Popdex live order book, 38 min ago1.67 bp7.1 bp −$732.8 bp −$328doesn't fitdoesn't fit
Sell Deribit live order book, 38 min ago3.44 bp7.9 bp −$814.9 bp −$149doesn'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−0.2926%1h1.0068−2.034%$41K$123K12xas long as short
Reya SUIRUSDPERP−0.0367%1h1.0277+0.003%$4K$3K20xas long as short
Bluefin SUI-PERP−0.0214%1h1.02770.000%$589K$405K25xas long as short
Hibachi SUI/USDT-P−0.0072%1h1.0263−0.136%$6K$18K7xas long as short
dYdX SUI-USD0.0000%1h1.0279+0.019%$94K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0283+0.054%$458K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUALshort0.0000%1h1.0295+0.175%$188K$547K25x
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0283+0.061%$119K150xas long as short
Lighter SUI+0.0096%1h1.0292+0.146%$793K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0296+0.183%$254K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDTlong+0.0096%1h1.0277long leg$37K$503K50x
Orderly PERP_SUI_USDC+0.0098%8h1.0289+0.117%$45K$375K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0276−0.007%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0274−0.029%$597K$1.3M10xas long as short
Aster SUIUSDT+0.0100%8h1.0291+0.136%$1.0M$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0275−0.019%$223K$262K10xas long as short
Binance SUIUSDT+0.0100%8h1.0295+0.178%$152.0M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0299+0.219%$103.2M$307.0M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0296+0.185%$41.0M$385.2M50xas long as short
Arcus SUI-USD+0.0100%1h1.0280+0.029%$148K$287K10xas long as short
Bulk SUI-USD+0.0100%1h1.0236−0.402%$241K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0295+0.175%$166.0M$80.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0293+0.156%$148.9M$294.4M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0289+0.117%$51.7M$52.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0287+0.097%$67.7M$168.7M75xas long as short
BingX SUI-USDC+0.0100%8h1.0294+0.165%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0289+0.117%$654K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0232−0.441%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0234−0.418%$165K$4.4M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0234−0.416%$440K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0256−0.204%$232K$445K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0285+0.078%$106K$787K10xas long as short
SunX SUI-USDT+0.0100%8h1.0292+0.146%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0292+0.146%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0285+0.078%$628K$18.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0290+0.126%$11.5M$24.6M50xas long as short
Extended SUI-USD+0.0104%1h1.0291+0.139%$1.5M$3.8M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0291+0.137%$49K$37K3xas long as short
01 Exchange SUIUSD+0.0112%1h1.0279+0.019%$9K$9K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0263−0.136%$8.0M$23.9M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0270−0.068%$982K$13.8M50xas long as short
Kraken Futures PF_SUIUSD+0.0295%1h1.0296+0.187%$7.2M$24.2M50xas long as short
Phoenix SUI+0.0346%1h1.0288+0.104%$204K$574K10xas long as short
Hyperliquid SUI+0.0417%1h1.0303+0.253%$73.3M$81.4M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0638% / S −0.0309%1h1.0281+0.041%$897K100xas long as short
Aftermath Perps SUIUSD+0.0659%1h1.0262−0.146%$94K$384K10xas long as short