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

SUI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0127%/8h= −13.9% APRnext payment $0.16 per $10,000 · paid last 24h −0.068%
Price spread now: Bluefin against Bulk−0.423%7-day average −0.192% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$320.324% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.186%−$19 on $10k
Price spread, last 4 days (all we have)+0.481%+$48 · spread now −0.423%, 7d avg −0.192%
Together, before fees+0.295%+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bluefin is 0.231% cheaper against Bulk than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.192%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk SUI-USD1.01650.0100pay 0.0013% / 1h46m 13s$239K$2K10x
ShortBluefin SUI-PERP1.0122−0.0027pay 0.0003% / 1h46m 13s$580K$428K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Bulk. 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
−$26.6
Price spread: −0.423% → −0.192%
−$23.08
Slippage, 4 orders
−$18.38
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$82.05
Costs to cover
0.324%
Break-even
never at this rate
Slippage from Bulk: live order book, 63 min ago; Bluefin: live order book, 63 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 Bulk live order book, 63 min ago0.49 bp4.5 bp −$56.7 bp −$6715.1 bp −$1,51334.0 bp −$17.0K
Sell Bluefin live order book, 63 min ago1.47 bp10.6 bp −$1151.2 bp −$512doesn'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−0.3536%1h1.0076−0.876%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0379%1h1.0130−0.344%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0184%1h1.0135−0.299%$5K$21K7xas long as short
Bluefin SUI-PERPshort−0.0027%1h1.0122−0.423%$580K$428K25x
dYdX SUI-USD0.0000%1h1.0137−0.276%$95K$294K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0139−0.252%$376K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0139−0.256%$195K$563K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0132−0.326%$114K150xas long as short
Lighter SUI+0.0096%1h1.0138−0.263%$787K$5.3M10xas long as short
Lighter RH SUI+0.0096%1h1.0139−0.254%$296K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0132−0.325%$34K$522K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0137−0.275%$47K$208K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0138−0.263%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0138−0.261%$535K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0137−0.272%$895K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0142−0.227%$217K$264K10xas long as short
Binance SUIUSDT+0.0100%8h1.0137−0.275%$145.2M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0134−0.305%$99.2M$319.5M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0136−0.285%$40.8M$385.0M50xas long as short
Arcus SUI-USD+0.0100%1h1.0130−0.344%$43K$329K10xas long as short
Bulk SUI-USDlong+0.0100%1h1.0165long leg$239K$2K10x
Gate SUI_USDT+0.0100%8h1.0136−0.285%$165.1M$82.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0137−0.275%$150.9M$291.0M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0136−0.285%$49.6M$53.3M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0132−0.325%$66.9M$175.9M75xas long as short
BingX SUI-USDT+0.0100%8h1.0136−0.285%$84.8Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0136−0.285%$667K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0168+0.028%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0180+0.149%$164K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0176+0.111%$442K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0180+0.148%$224K$409K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0141−0.236%$130K$647K10xas long as short
SunX SUI-USDT+0.0100%8h1.0145−0.197%$3K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0139−0.256%$6K$1.9M10xas long as short
HTX SUI-USDT+0.0100%8h1.0130−0.344%$619K$19.0M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0133−0.315%$11.7M$28.1M50xas long as short
Extended SUI-USD+0.0104%1h1.0134−0.308%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0140−0.242%$38K$11K3xas long as short
01 Exchange SUIUSD+0.0200%1h1.0136−0.285%$9K$2K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0138−0.266%$7.6M$24.7M100xas long as short
Coinbase International SUI-PERP-INTX+0.0280%1h1.0151−0.138%$1.0M$14.8M50xas long as short
Kraken Futures PF_SUIUSD+0.0366%1h1.0137−0.280%$6.8M$23.2M50xas long as short
Phoenix SUI+0.0431%1h1.0176+0.113%$202K$413K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0600% / S −0.0263%1h1.0131−0.336%$931K100xas long as short
Hyperliquid SUI+0.0627%1h1.0145−0.197%$72.9M$83.4M10xas long as short
Aftermath Perps SUIUSD+0.1450%1h1.0170+0.049%$82K$409K10xas long as short