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

SUI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: SoDEX against Backpack+0.087%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$270.266% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.087%, 7d avg +0.004%
Together, before fees−0.021%−$2 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: SoDEX is 0.083% dearer against Backpack than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack SUI_USDC_PERP1.03720.0100pay 0.0013% / 1h20m 01s$661K$1.3M20x
ShortSoDEX SUI-USD1.03810.0100get 0.0013% / 1h20m 01s$14K$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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

Funding earned
$0
Price spread: +0.087% → +0.004%
$8.26
Slippage, 4 orders
−$8.61
Fee Backpack: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$18.35
Costs to cover
0.266%
Break-even
never at this rate
Slippage from Backpack: live order book, 4 min ago; SoDEX: live order book, 4 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 Backpack live order book, 4 min ago0.48 bp5.8 bp −$613.0 bp −$130doesn't fitdoesn't fit
Sell SoDEX live order book, 4 min ago0.48 bp7.2 bp −$716.6 bp −$166doesn'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−0.3244%1h1.0342−0.289%$43K$123K12xas long as short
Reya SUIRUSDPERP−0.0375%1h1.0373+0.008%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0320%1h1.0396+0.229%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0388+0.155%$130K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0388+0.154%$507K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0381+0.087%$202K$573K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0380+0.080%$116K150xas long as short
Lighter SUI+0.0096%1h1.0383+0.105%$828K$5.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0383+0.102%$301K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0378+0.058%$42K$517K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0390+0.175%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0374+0.024%$582K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0383+0.104%$913K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0390+0.177%$225K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0376+0.039%$150.8M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0380+0.077%$102.1M$311.0M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0378+0.058%$40.9M$389.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0390+0.174%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0408+0.346%$245K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0373+0.010%$167.8M$84.0M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0375+0.029%$153.1M$297.5M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0381+0.087%$49.7M$53.9M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0374+0.019%$67.8M$172.6M75xas long as short
BingX SUI-USDT+0.0100%8h1.03720.000%$82.6Mas long as short
Backpack SUI_USDC_PERPlong+0.0100%1h1.0372long leg$661K$1.3M20x
Variational Omni SUI+0.0100%8h1.0389+0.160%$2.5M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0389+0.164%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0393+0.204%$448K$7.6M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0448+0.733%$232K$487K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0384+0.116%$124K$756K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0378+0.058%$48K$174K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0366−0.058%$593K$405K25xas long as short
SunX SUI-USDT+0.0100%8h1.0363−0.087%$2K$1.7M30xas long as short
SoDEX SUI-USDshort+0.0100%1h1.0381+0.087%$14K$2.1M10x
HTX SUI-USDT+0.0100%8h1.0375+0.029%$573K$19.6M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0379+0.067%$11.9M$26.8M50xas long as short
Extended SUI-USD+0.0104%1h1.0378+0.055%$1.4M$4.1M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0380+0.077%$9K$2K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0385+0.125%$39K$11K3xas long as short
Kraken Futures PF_SUIUSD+0.0162%1h1.0382+0.095%$6.9M$27.0M50xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0387+0.145%$973K$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0386+0.135%$7.9M$24.8M100xas long as short
Hyperliquid SUI+0.0356%1h1.0385+0.125%$75.4M$81.4M10xas long as short
Phoenix SUI+0.0390%1h1.0403+0.302%$211K$421K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0614% / S −0.0267%1h1.0379+0.070%$960K100xas long as short
Aftermath Perps SUIUSD+0.1510%1h1.0414+0.405%$83K$398K10xas long as short