SUI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.029%

Price spread now: dYdX against Backpack−0.157%7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$148as in the Price arb table

costs, in and out, $10k−$1331.326% of the position

Long on Backpack Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.198%−$20 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.157% cheaper against Backpack than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack SUI_USDC_PERP	1.0367	0.0100	pay 0.0013% / 1h	26m 11s	$666K	$1.1M	20x
Short	dYdX SUI-USD	1.0351	0	get 0.0000% / 1h	26m 11s	$97K	$173K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.157%Rate

Funding earned: −$21
Price spread: −0.157% → 0.000%: −$15.67
Slippage, 4 orders: −$112.59
Fee Backpack: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$169.26
Costs to cover: 1.326%
Break-even: never at this rate

Slippage from Backpack: live order book, 3 min ago; dYdX: live order book, 8 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, 3 min ago	0.48 bp	5.5 bp −$5	8.3 bp −$83	doesn't fit	doesn't fit
Sell dYdX live order book, 8 min ago	55.81 bp	60.8 bp −$61	87.3 bp −$873	113.0 bp −$11.3K	151.6 bp −$75.8K

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	−0.3474%	1h	1.0261	−1.022%	$42K	$123K	12x	as long as short
Reya SUIRUSDPERP	−0.0369%	1h	1.0346	−0.204%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0320%	1h	1.0351	−0.157%	$6K	$19K	7x	as long as short
Bluefin SUI-PERP	−0.0047%	1h	1.0326	−0.395%	$592K	$407K	25x	as long as short
dYdX SUI-USDshort	0.0000%	1h	1.0351	−0.157%	$97K	$173K	10x
Kalshi KXSUIPERP	0.0000%	8h	1.0385	+0.177%	$464K	$5.3M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0342	−0.241%	$201K	$581K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0002%	1h	1.0339	−0.268%	$119K	—	150x	as long as short
01 Exchange SUIUSD	+0.0088%	1h	1.0354	−0.125%	$9K	$9K	10x	as long as short
Lighter SUI	+0.0096%	1h	1.0350	−0.163%	$792K	$5.9M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SUI	+0.0096%	1h	1.0345	−0.212%	$262K	$2.0M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0349	−0.174%	$40K	$496K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0338	−0.280%	$46K	$328K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0348	−0.184%	$27K	$9K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0342	−0.241%	$598K	$1.4M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0355	−0.119%	$1.0M	$4.7M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0354	−0.125%	$225K	$260K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0340	−0.258%	$152.2M	$1.03B	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0340	−0.259%	$103.4M	$306.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0334	−0.318%	$41.4M	$386.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0350	−0.164%	$46K	$387K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0338	−0.283%	$243K	$2K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0342	−0.241%	$165.5M	$81.2M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0349	−0.174%	$149.5M	$290.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0348	−0.183%	$51.8M	$52.3M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0335	−0.309%	$67.9M	$167.9M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0339	−0.270%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERPlong	+0.0100%	1h	1.0367	long leg	$666K	$1.1M	20x
Variational Omni SUI	+0.0100%	8h	1.0350	−0.161%	$2.3M	$2.8M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0341	−0.249%	$168K	$4.4M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0342	−0.241%	$454K	$7.0M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0346	−0.203%	$235K	$442K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0356	−0.106%	$108K	$775K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0350	−0.164%	$3K	$1.9M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0339	−0.270%	$6K	$2.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0347	−0.193%	$642K	$18.5M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0345	−0.212%	$11.6M	$24.9M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0336	−0.302%	$1.4M	$3.8M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0340	−0.258%	$49K	$37K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0364	−0.029%	$6.1M	$24.2M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0224%	1h	1.0360	−0.068%	$984K	$14.0M	50x	as long as short
Kraken Futures PF_SUIUSD	+0.0273%	1h	1.0343	−0.230%	$7.2M	$24.1M	50x	as long as short
Phoenix SUI	+0.0327%	1h	1.0353	−0.137%	$205K	$593K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0636% / S −0.0304%	1h	1.0339	−0.274%	$895K	—	100x	as long as short
Hyperliquid SUI	+0.0675%	1h	1.0366	−0.012%	$74.9M	$80.9M	10x	as long as short
Aftermath Perps SUIUSD	+0.0844%	1h	1.0348	−0.183%	$93K	$382K	10x	as long as short