Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%

Price spread now: Aster against Backpack+0.074%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$300.301% of the position

Long on Backpack Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.074%, 7d avg +0.057%

Together, before fees−0.025%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack SUI_USDC_PERP	1.0393	0.0100	pay 0.0013% / 1h	49m 58s	$690K	$1.4M	20x
Short	Aster SUIUSDT	1.0401	0.0100	get 0.0100% / 8h	4h 49m	$908K	$4.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Backpack. 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 BackpackbpFee AsterbpOrdersPrice spread, now +0.074%Rate

Funding earned: $0
Price spread: +0.074% → +0.057%: $1.77
Slippage, 4 orders: −$12.13
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$28.36
Costs to cover: 0.301%
Break-even: never at this rate

Slippage from Backpack: live order book, 4 min ago; Aster: live order book, 4 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 Backpack live order book, 4 min ago	0.48 bp	6.4 bp −$6	12.1 bp −$121	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	1.43 bp	9.2 bp −$9	23.3 bp −$233	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	−0.3244%	1h	1.0316	−0.741%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0375%	1h	1.0404	+0.105%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0296%	1h	1.0401	+0.079%	$6K	$19K	7x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0396	+0.030%	$130K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0421	+0.272%	$521K	$4.9M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0405	+0.115%	$202K	$574K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0410	+0.164%	$113K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0410	+0.166%	$829K	$5.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0410	+0.161%	$297K	$2.2M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0401	+0.077%	$39K	$515K	50x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex SUI-USD-PERP	+0.0100%	8h	1.0411	+0.176%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0405	+0.115%	$703K	$1.9M	10x	as long as short
Aster SUIUSDTshort	+0.0100%	8h	1.0401	+0.074%	$908K	$4.6M	75x
Pacifica SUI	+0.0100%	1h	1.0403	+0.097%	$226K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0399	+0.057%	$151.4M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0403	+0.096%	$103.2M	$310.2M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0401	+0.077%	$41.2M	$388.2M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0400	+0.067%	$44K	$373K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0476	+0.799%	$246K	$6K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0396	+0.029%	$165.8M	$82.7M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0396	+0.029%	$150.8M	$292.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0398	+0.048%	$50.1M	$54.1M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0397	+0.038%	$67.9M	$171.1M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0402	+0.087%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERPlong	+0.0100%	1h	1.0393	long leg	$690K	$1.4M	20x
Variational Omni SUI	+0.0100%	8h	1.0401	+0.074%	$2.4M	$3.3M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0457	+0.615%	$170K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0461	+0.659%	$450K	$7.7M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0457	+0.616%	$234K	$485K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0412	+0.183%	$124K	$754K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0403	+0.096%	$48K	$197K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0416	+0.221%	$2K	$1.8M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0405	+0.115%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0403	+0.096%	$578K	$19.6M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0406	+0.125%	$12.0M	$26.7M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0388	−0.050%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0411	+0.173%	$40K	$11K	3x	as long as short
01 Exchange SUIUSD	+0.0120%	1h	1.0402	+0.087%	$9K	$3K	10x	as long as short
Kraken Futures PF_SUIUSD	+0.0162%	1h	1.0406	+0.130%	$6.9M	$27.0M	50x	as long as short
Coinbase International SUI-PERP-INTX	+0.0216%	1h	1.0417	+0.231%	$1.0M	$15.0M	50x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0413	+0.192%	$8.0M	$25.0M	100x	as long as short
Phoenix SUI	+0.0390%	1h	1.0476	+0.803%	$213K	$421K	10x	as long as short
Hyperliquid SUI	+0.0454%	1h	1.0408	+0.146%	$75.6M	$81.5M	10x	as long as short
Bluefin SUI-PERP	+0.0515%	1h	1.0392	−0.010%	$595K	$403K	25x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0615% / S −0.0267%	1h	1.0409	+0.158%	$961K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1503%	1h	1.0448	+0.525%	$83K	$394K	10x	as long as short