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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0171%/8h= +18.7% APRpaid last 24h +0.062%
Price spread now: Phemex against Bluefin+0.138%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$430.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.206%−$21 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.138%, 7d avg +0.134%
Together, before fees−0.224%−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.134%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.206%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBluefin SUI-PERP1.0158−0.0071get 0.0009% / 1h58m 32s$582K$422K25x
ShortPhemex SUIUSDT1.01720.0100get 0.0100% / 8h58m 32s$11.7M$28.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against Bluefin. 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
$35.83
Price spread: +0.138% → +0.134%
$0.4
Slippage, 4 orders
−$24.21
Fee Bluefin: 3.5 bp × 2 orders
−$7
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$6.98
Costs to cover
0.432%
Break-even
8.4 days
Slippage from Bluefin: live order book, 46 min ago; Phemex: live order book, 6 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 Bluefin live order book, 46 min ago0.99 bp12.1 bp −$1256.1 bp −$561doesn't fitdoesn't fit
Sell Phemex live order book, 6 min ago0.49 bp11.3 bp −$1125.6 bp −$256doesn'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−0.2780%1h1.0090−0.669%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0380%1h1.0156−0.021%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0272%1h1.0171+0.129%$5K$20K7xas long as short
Bluefin SUI-PERPlong−0.0071%1h1.0158long leg$582K$422K25x
dYdX SUI-USD0.0000%1h1.0160+0.020%$95K$257K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0177+0.182%$375K$4.4M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0172+0.138%$196K$558K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0170+0.121%$115K150xas long as short
Lighter SUI+0.0096%1h1.0168+0.102%$768K$5.1M10xas long as short
Lighter RH SUI+0.0096%1h1.0165+0.064%$297K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0162+0.039%$39K$522K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0171+0.128%$47K$227K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0159+0.008%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0157−0.005%$689K$2.2M10xas long as short
Hyperliquid SUI+0.0100%1h1.0168+0.098%$73.3M$80.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0164+0.058%$897K$4.2M75xas long as short
Pacifica SUI+0.0100%1h1.0164+0.055%$216K$257K10xas long as short
Binance SUIUSDT+0.0100%8h1.0161+0.034%$146.5M$1.00B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0159+0.008%$98.3M$312.7M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0159+0.010%$41.0M$371.2M50xas long as short
Arcus SUI-USD+0.0100%1h1.0170+0.118%$43K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0169+0.111%$239K$45410xas long as short
Gate SUI_USDT+0.0100%8h1.01580.000%$168.0M$81.3M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0162+0.039%$154.5M$281.5M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0163+0.049%$50.0M$52.4M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0156−0.020%$67.0M$170.5M75xas long as short
BingX SUI-USDC+0.0100%8h1.0159+0.010%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0165+0.069%$668K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0158−0.003%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0165+0.073%$163K$4.4M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0162+0.038%$448K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0167+0.089%$223K$378K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0167+0.089%$126K$565K10xas long as short
SunX SUI-USDT+0.0100%8h1.0185+0.266%$2K$1.6M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0172+0.138%$6K$1.7M10xas long as short
HTX SUI-USDT+0.0100%8h1.0169+0.108%$629K$18.4M75xas long as short
Phemex SUIUSDTshort+0.0100%8h1.0172+0.138%$11.7M$28.1M50x
Extended SUI-USD+0.0104%1h1.0156−0.018%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0169+0.104%$39K$11K3xas long as short
Kraken Futures PF_SUIUSD+0.0119%1h1.0174+0.160%$6.8M$21.9M50xas long as short
01 Exchange SUIUSD+0.0144%1h1.0163+0.049%$8K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0170+0.118%$7.6M$24.4M100xas long as short
Coinbase International SUI-PERP-INTX+0.0328%1h1.0178+0.197%$1.0M$14.5M50xas long as short
Phoenix SUI+0.0431%1h1.0180+0.218%$202K$400K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0601% / S −0.0263%1h1.0172+0.133%$935K100xas long as short
Aftermath Perps SUIUSD+0.1348%1h1.0184+0.254%$82K$409K10xas long as short