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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Backpack against Binance−0.039%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$250.254% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 4 days (all we have)−0.116%−$12 · spread now −0.039%, 7d avg −0.007%
Together, before fees−0.070%−$7 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: Backpack is 0.032% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SUIUSDT1.02460.0100pay 0.0100% / 8h1h 30m$151.1M$1.03B75x
ShortBackpack SUI_USDC_PERP1.02420.0100get 0.0013% / 1h30m 20s$649K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Binance. 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: −0.039% → −0.007%
−$3.2
Slippage, 4 orders
−$5.44
Fee Binance: 5 bp × 2 orders
−$10
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$28.65
Costs to cover
0.254%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Backpack: 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 Binance live order book, 14 min ago0.49 bp6.8 bp −$710.2 bp −$10224.8 bp −$2,48395.2 bp −$47.6K
Sell Backpack live order book, 4 min ago0.49 bp7.1 bp −$710.0 bp −$100doesn'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−0.2926%1h1.0179−0.654%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0368%1h1.0241−0.051%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0144%1h1.0253+0.072%$6K$19K7xas long as short
Bluefin SUI-PERP−0.0138%1h1.0232−0.137%$586K$406K25xas long as short
dYdX SUI-USD0.0000%1h1.0241−0.051%$93K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0262+0.152%$457K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0248+0.020%$190K$562K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0245−0.010%$119K150xas long as short
Lighter SUI+0.0096%1h1.0244−0.022%$786K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0250+0.034%$258K$2.0M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0243−0.029%$37K$503K50xas long as short
Orderly PERP_SUI_USDC+0.0098%8h1.0243−0.029%$45K$371K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0245−0.011%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0243−0.034%$591K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0247+0.010%$1.0M$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0245−0.007%$223K$262K10xas long as short
Binance SUIUSDTlong+0.0100%8h1.0246long leg$151.1M$1.03B75x
Bybit SUIUSDT+0.0100%8h1.02460.000%$102.5M$307.3M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.02460.000%$40.8M$383.4M50xas long as short
Arcus SUI-USD+0.0100%1h1.0240−0.059%$46K$387K10xas long as short
Bulk SUI-USD+0.0100%1h1.0242−0.039%$241K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0244−0.020%$164.7M$80.8M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0245−0.010%$148.5M$296.2M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0242−0.039%$51.5M$52.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0241−0.049%$67.3M$168.6M75xas long as short
BingX SUI-USDC+0.0100%8h1.0244−0.020%$6.5Mas long as short
Backpack SUI_USDC_PERPshort+0.0100%1h1.0242−0.039%$649K$1.1M20x
Variational Omni SUI+0.0100%8h1.0260+0.139%$2.3M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0268+0.213%$165K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0249+0.027%$444K$7.0M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0277+0.303%$233K$441K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0249+0.029%$106K$791K10xas long as short
SunX SUI-USDT+0.0100%8h1.0272+0.254%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0245−0.010%$8K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0240−0.059%$626K$18.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0243−0.029%$11.4M$24.7M50xas long as short
Extended SUI-USD+0.0104%1h1.0242−0.037%$1.4M$3.8M50xas long as short
01 Exchange SUIUSD+0.0104%1h1.0248+0.020%$9K$9K10xas long as short
Aevo SUI-PERP+0.0104%1h1.0246+0.002%$48K$37K3xas long as short
BloFin SUI-USDT+0.0220%8h1.0248+0.020%$8.0M$23.8M100xas long as short
Coinbase International SUI-PERP-INTX+0.0248%1h1.0259+0.127%$978K$13.8M50xas long as short
Kraken Futures PF_SUIUSD+0.0296%1h1.0249+0.025%$7.1M$24.2M50xas long as short
Phoenix SUI+0.0346%1h1.0281+0.343%$203K$574K10xas long as short
Hyperliquid SUI+0.0490%1h1.0255+0.088%$73.1M$81.0M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0637% / S −0.0309%1h1.0245−0.014%$894K100xas long as short
Aftermath Perps SUIUSD+0.0718%1h1.0266+0.198%$94K$382K10xas long as short