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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Phemex against SoDEX+0.039%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−$32as in the Price arb table
costs, in and out, $10k−$340.343% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.039%, 7d avg +0.015%
Together, before fees−0.051%−$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: Phemex is 0.024% dearer against SoDEX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SUI-USD1.01500.0100pay 0.0013% / 1h36m 37s$6K$1.6M10x
ShortPhemex SUIUSDT1.01540.0100get 0.0100% / 8h7h 36m$11.7M$28.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against SoDEX. 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: +0.039% → +0.015%
$2.44
Slippage, 4 orders
−$14.34
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$31.9
Costs to cover
0.343%
Break-even
never at this rate
Slippage from SoDEX: live order book, 2 min ago; Phemex: 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 SoDEX live order book, 2 min ago0.49 bp8.0 bp −$817.7 bp −$17799.3 bp −$9,929doesn't fit
Sell Phemex live order book, 2 min ago0.99 bp9.9 bp −$1021.0 bp −$210doesn'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−0.3240%1h1.0046−1.025%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0382%1h1.0157+0.064%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0176%1h1.0149−0.007%$5K$17K7xas long as short
dYdX SUI-USD0.0000%1h1.0137−0.124%$95K$255K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0163+0.131%$377K$4.2M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0153+0.030%$195K$536K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0152+0.024%$115K150xas long as short
Lighter SUI+0.0096%1h1.0142−0.083%$749K$4.8M10xas long as short
Lighter RH SUI+0.0096%1h1.0143−0.068%$301K$2.1M10xas long as short
01 Exchange SUIUSD+0.0096%1h1.0135−0.148%$8K$3K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0135−0.148%$43K$529K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0153+0.030%$47K$488K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0138−0.122%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0130−0.197%$673K$2.2M10xas long as short
Aster SUIUSDT+0.0100%8h1.0142−0.076%$903K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0140−0.096%$216K$251K10xas long as short
Binance SUIUSDT+0.0100%8h1.0135−0.145%$145.3M$979.6M75xas long as short
Bybit SUIUSDT+0.0100%8h1.0130−0.199%$97.6M$304.7M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0129−0.207%$40.9M$361.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0140−0.099%$43K$321K10xas long as short
Bulk SUI-USD+0.0100%1h1.0150+0.004%$232K$7K10xas long as short
Gate SUI_USDT+0.0100%8h1.0138−0.118%$166.5M$79.4M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0140−0.099%$99.5M$287.9M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0141−0.089%$51.6M$51.1M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0128−0.217%$67.0M$166.4M75xas long as short
BingX SUI-USDC+0.0100%8h1.0138−0.118%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0148−0.020%$665K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0141−0.090%$2.4M$3.3Mas long as short
edgeX SUIUSDC+0.0100%4h1.0142−0.076%$163K$4.2M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0142−0.080%$437K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0145−0.049%$205K$371K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0133−0.167%$122K$516K10xas long as short
Bluefin SUI-PERP+0.0100%1h1.0140−0.099%$582K$451K25xas long as short
SunX SUI-USDT+0.0100%8h1.0167+0.167%$3K$1.5M30xas long as short
SoDEX SUI-USDlong+0.0100%1h1.0150long leg$6K$1.6M10x
HTX SUI-USDT+0.0100%8h1.0165+0.148%$636K$18.0M75xas long as short
Phemex SUIUSDTshort+0.0100%8h1.0154+0.039%$11.7M$28.3M50x
Extended SUI-USD+0.0104%1h1.0132−0.174%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0152+0.023%$39K$11K3xas long as short
Hyperliquid SUI+0.0109%1h1.0151+0.010%$73.2M$76.9M10xas long as short
BloFin SUI-USDT+0.0220%8h1.0149−0.010%$7.5M$24.4M100xas long as short
Kraken Futures PF_SUIUSD+0.0284%1h1.0151+0.012%$6.8M$21.4M50xas long as short
Coinbase International SUI-PERP-INTX+0.0360%1h1.0146−0.039%$1.0M$14.1M50xas long as short
Phoenix SUI+0.0426%1h1.0158+0.078%$202K$395K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0600% / S −0.0263%1h1.0152+0.025%$933K100xas long as short
Aftermath Perps SUIUSD+0.1184%1h1.0159+0.088%$81K$408K10xas long as short