SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.065%

Price spread now: Coinbase International against Backpack+0.019%7-day average +0.112% · you sell dearer than you buy

Net, funding: paid 7d − costs−$3as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on Backpack Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.367%+$37 on $10k

Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.019%, 7d avg +0.112%

Together, before fees+0.446%+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.093% cheaper against Backpack than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.112%). If the spread goes back, that is −$9 on $10k: about 2.1 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack SUI_USDC_PERP	1.0403	0.0100	pay 0.0013% / 1h	53m 01s	$657K	$1.4M	20x
Short	Coinbase International SUI-PERP-INTX	1.0405	0.0248	get 0.0031% / 1h	53m 01s	$1.0M	$15.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.019%Rate

Funding earned: $31.08
Price spread: +0.019% → +0.112%: −$9.27
Slippage, 4 orders: −$20.16
Fee Backpack: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$18.35
Costs to cover: 0.402%
Break-even: 11.1 days

Slippage from Backpack: live order book, 6 min ago; Coinbase International: live order book, 6 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, 6 min ago	0.48 bp	6.5 bp −$6	18.1 bp −$181	doesn't fit	doesn't fit
Sell Coinbase International live order book, 6 min ago	5.30 bp	12.9 bp −$13	20.4 bp −$204	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	−0.3470%	1h	1.0250	−1.471%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0376%	1h	1.0386	−0.159%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0304%	1h	1.0354	−0.474%	$6K	$19K	7x	as long as short
Kraken Futures PF_SUIUSD	−0.0066%	1h	1.0403	−0.001%	$6.8M	$26.9M	50x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0374	−0.277%	$130K	$227K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0413	+0.091%	$499K	$5.0M	2.5x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0390	−0.122%	$116K	—	150x	as long as short
Bluefin SUI-PERP	+0.0028%	1h	1.0383	−0.192%	$594K	$406K	25x	as long as short
Lighter SUI	+0.0096%	1h	1.0401	−0.020%	$803K	$5.4M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0405	+0.021%	$300K	$2.2M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0384	−0.183%	$43K	$513K	50x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0372	−0.295%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0386	−0.168%	$586K	$2.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0395	−0.075%	$909K	$4.6M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0371	−0.308%	$224K	$259K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0397	−0.061%	$150.7M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0396	−0.069%	$102.2M	$309.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0394	−0.087%	$40.7M	$389.7M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0380	−0.221%	$44K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0369	−0.327%	$244K	$5K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0398	−0.048%	$170.4M	$80.9M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0400	−0.029%	$153.1M	$292.0M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0398	−0.048%	$50.1M	$53.9M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0394	−0.087%	$67.9M	$172.6M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0398	−0.048%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERPlong	+0.0100%	1h	1.0403	long leg	$657K	$1.4M	20x
Variational Omni SUI	+0.0100%	8h	1.0363	−0.388%	$2.5M	$3.4M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0356	−0.449%	$170K	$4.5M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0356	−0.454%	$452K	$7.6M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0362	−0.394%	$228K	$429K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0396	−0.067%	$124K	$745K	10x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0396	−0.067%	$48K	$143K	20x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0371	−0.308%	$2K	$1.7M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0398	−0.048%	$14K	$2.1M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0388	−0.144%	$584K	$19.7M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0392	−0.106%	$11.9M	$26.9M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0394	−0.085%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0406	+0.029%	$39K	$11K	3x	as long as short
Deribit SUI_USDC-PERPETUAL	+0.0135%	1h	1.0404	+0.010%	$202K	$572K	25x	as long as short
01 Exchange SUIUSD	+0.0136%	1h	1.0379	−0.231%	$9K	$2K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0397	−0.058%	$7.9M	$24.9M	100x	as long as short
Coinbase International SUI-PERP-INTXshort	+0.0248%	1h	1.0405	+0.019%	$1.0M	$15.1M	50x
Phoenix SUI	+0.0408%	1h	1.0389	−0.137%	$211K	$415K	10x	as long as short
Hyperliquid SUI	+0.0422%	1h	1.0412	+0.087%	$75.3M	$81.4M	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0613% / S −0.0267%	1h	1.0390	−0.125%	$959K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1485%	1h	1.0380	−0.222%	$83K	$402K	10x	as long as short