SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0789%/8h= +86.4% APRnext payment +$0.99 per $10,000 · paid last 24h −0.006%

Price spread now: Deribit against Arcus+0.123%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$420.419% of the position

Long on Arcus Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.011%+$1 on $10k

Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.123%, 7d avg +0.044%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Deribit is 0.079% dearer against Arcus than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.044%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.011% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.99 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SUI-USD	1.0530	0.0100	pay 0.0013% / 1h	30m 09s	$47K	$387K	10x
Short	Deribit SUI_USDC-PERPETUAL	1.0543	0.0889	get 0.0111% / 1h	30m 09s	$205K	$583K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee DeribitbpOrdersPrice spread, now +0.123%Rate

Funding earned: $165.69
Price spread: +0.123% → +0.044%: $7.91
Slippage, 4 orders: −$30.45
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $131.66
Costs to cover: 0.419%
Break-even: 1.4 days

Slippage from Arcus: live order book, 43 min ago; Deribit: live order book, 44 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Arcus live order book, 43 min ago	4.82 bp	16.3 bp −$16	27.0 bp −$270	doesn't fit	doesn't fit
Sell Deribit live order book, 44 min ago	4.83 bp	8.3 bp −$8	15.4 bp −$154	doesn't fit	doesn't fit

SUI on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SUI/USDC PERP	−0.3416%	1h	1.0330	−1.899%	$42K	$123K	12x	as long as short
Bluefin SUI-PERP	−0.0628%	1h	1.0516	−0.133%	$604K	$409K	25x	as long as short
Hibachi SUI/USDT-P	−0.0432%	1h	1.0492	−0.359%	$6K	$18K	7x	as long as short
Reya SUIRUSDPERP	−0.0371%	1h	1.0527	−0.029%	$4K	$3K	20x	as long as short
Phemex SUIUSDT	−0.0344%	8h	1.0533	+0.028%	$11.8M	$25.1M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0539	+0.084%	$97K	$169K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0559	+0.278%	$484K	$4.9M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0531	+0.008%	$121K	—	150x	as long as short
Kraken Futures PF_SUIUSD	+0.0038%	1h	1.0539	+0.086%	$7.3M	$23.8M	50x	as long as short
01 Exchange SUIUSD	+0.0080%	1h	1.0540	+0.095%	$9K	$9K	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SUI	+0.0096%	1h	1.0533	+0.030%	$816K	$5.8M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0534	+0.042%	$274K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0533	+0.028%	$29K	$485K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0529	−0.009%	$47K	$313K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0539	+0.085%	$28K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0541	+0.109%	$669K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0534	+0.041%	$1.0M	$4.8M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0539	+0.090%	$229K	$256K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0533	+0.031%	$156.6M	$1.02B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0541	+0.106%	$105.8M	$304.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0539	+0.085%	$42.2M	$388.1M	50x	as long as short
Arcus SUI-USDlong	+0.0100%	1h	1.0530	long leg	$47K	$387K	10x
Bulk SUI-USD	+0.0100%	1h	1.0450	−0.763%	$246K	$813	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0540	+0.095%	$170.4M	$80.9M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0537	+0.066%	$154.7M	$293.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0528	−0.019%	$51.4M	$52.7M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0538	+0.076%	$69.4M	$165.4M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0543	+0.123%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0542	+0.114%	$681K	$1.1M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0491	−0.372%	$2.4M	$2.9M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0495	−0.331%	$171K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0526	−0.042%	$458K	$7.4M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0504	−0.247%	$241K	$479K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0543	+0.123%	$120K	$755K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0547	+0.161%	$2K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0532	+0.019%	$6K	$2.3M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0530	0.000%	$649K	$18.6M	75x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0528	−0.016%	$1.5M	$3.9M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0536	+0.057%	$40K	$16K	3x	as long as short
Coinbase International SUI-PERP-INTX	+0.0200%	1h	1.0534	+0.038%	$993K	$14.4M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0492	−0.361%	$8.1M	$24.6M	100x	as long as short
Phoenix SUI	+0.0299%	1h	1.0513	−0.164%	$208K	$590K	10x	as long as short
Hyperliquid SUI	+0.0408%	1h	1.0553	+0.218%	$76.9M	$79.0M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0641% / S −0.0324%	1h	1.0530	+0.003%	$916K	—	100x	as long as short
Deribit SUI_USDC-PERPETUALshort	+0.0889%	1h	1.0543	+0.123%	$205K	$583K	25x
Aftermath Perps SUIUSD	+0.0913%	1h	1.0497	−0.314%	$94K	$368K	10x	as long as short