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

SUI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.107%
Price spread now: Hyperliquid against SunX−0.049%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1271.271% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.145%+$15 on $10k
Price spread, last 3 days (all we have)+0.064%+$6 · spread now −0.049%, 7d avg −0.004%
Together, before fees+0.209%+ Points / potential airdropHyperliquid: Season 2 · farm board+$21 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: Hyperliquid is 0.045% cheaper against SunX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SUI-USDT1.02080.0100pay 0.0100% / 8h2h 21m$2K$1.9M30x
ShortHyperliquid SUI1.02030.0100get 0.0013% / 1h21m 44s$72.6M$81.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against SunX. 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: −0.049% → −0.004%
−$4.54
Slippage, 4 orders
−$110.14
Fee SunX: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$131.69
Costs to cover
1.271%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; Hyperliquid: live order book, 12 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 SunX live order book, 4 min ago29.93 bp44.6 bp −$45doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 12 min ago0.49 bp6.9 bp −$713.2 bp −$132doesn'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−0.2398%1h1.0068−1.371%$41K$123K12xas long as short
Hibachi SUI/USDT-P−0.0512%1h1.0167−0.406%$6K$18K7xas long as short
Reya SUIRUSDPERP−0.0366%1h1.0196−0.116%$4K$3K20xas long as short
Bluefin SUI-PERP−0.0117%1h1.0178−0.294%$583K$405K25xas long as short
Kraken Futures PF_SUIUSD−0.0022%1h1.0191−0.170%$6.8M$23.8M50xas long as short
dYdX SUI-USD0.0000%1h1.0191−0.166%$93K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0189−0.182%$456K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0191−0.167%$186K$546K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0196−0.120%$118K150xas long as short
Lighter SUI+0.0096%1h1.0192−0.154%$770K$5.9M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0197−0.103%$252K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0194−0.137%$35K$503K50xas long as short
Orderly PERP_SUI_USDC+0.0098%8h1.0191−0.167%$45K$377K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0193−0.149%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0195−0.122%$593K$1.3M10xas long as short
Hyperliquid SUIshort+0.0100%1h1.0203−0.049%$72.6M$81.8M10x
Aster SUIUSDT+0.0100%8h1.0194−0.136%$994K$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0196−0.120%$220K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0193−0.152%$151.0M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0196−0.117%$102.1M$307.0M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0195−0.127%$40.9M$382.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0200−0.078%$147K$297K10xas long as short
Bulk SUI-USD+0.0100%1h1.0193−0.147%$240K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0193−0.147%$164.1M$81.2M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0193−0.147%$147.5M$298.3M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0192−0.157%$52.4M$51.3M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0189−0.186%$67.0M$169.1M75xas long as short
BingX SUI-USDT+0.0100%8h1.0193−0.147%$81.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0187−0.206%$642K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0167−0.405%$2.2M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0151−0.556%$163K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0156−0.508%$446K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0153−0.539%$230K$444K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0202−0.059%$106K$785K10xas long as short
SunX SUI-USDTlong+0.0100%8h1.0208long leg$2K$1.9M30x
SoDEX SUI-USD+0.0100%1h1.0188−0.196%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0193−0.147%$623K$18.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0178−0.294%$11.4M$24.4M50xas long as short
Extended SUI-USD+0.0104%1h1.0192−0.154%$1.4M$3.7M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0194−0.137%$9K$9K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0192−0.157%$48K$37K3xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0209+0.010%$977K$13.8M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0170−0.372%$8.0M$23.7M100xas long as short
Phoenix SUI+0.0290%1h1.0170−0.369%$184K$578K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0630% / S −0.0300%1h1.0195−0.125%$874K100xas long as short
Aftermath Perps SUIUSD+0.0703%1h1.0170−0.372%$92K$378K10xas long as short