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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Bybit+0.612%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs+$22as 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 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)+0.378%+$38 · spread now +0.612%, 7d avg +0.068%
Together, before fees+0.366%+$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Polymarket Perps is 0.544% dearer against Bybit than usual: you sell high and buy low: +$54 more if the spread goes back to its 7-day average of +0.068%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SUIUSDT1.04170.0100pay 0.0100% / 8h5h 56m$103.2M$308.7M50x
ShortPolymarket Perps SUI-USD1.04810.0303get 0.0038% / 1h56m 01s$123K$729K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bybit. 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
$42.54
Price spread: +0.612% → +0.068%
$54.41
Slippage, 4 orders
−$13.43
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$64.52
Costs to cover
0.324%
Break-even
from the start
Slippage from Bybit: live order book, 3 min ago; Polymarket Perps: live order book, 7 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 Bybit live order book, 3 min ago0.48 bp8.0 bp −$813.7 bp −$13740.0 bp −$3,998doesn't fit
Sell Polymarket Perps live order book, 7 min ago2.88 bp7.8 bp −$88.3 bp −$83doesn't fitdoesn't fit

SUI on 45 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−0.3542%1h1.0252−1.586%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0373%1h1.0466+0.467%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0264%1h1.0366−0.494%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0458+0.394%$95K$168K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0449+0.306%$516K$4.8M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0456+0.372%$203K$576K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0456+0.370%$114K150xas long as short
Bluefin SUI-PERP+0.0029%1h1.0444+0.257%$598K$411K25xas long as short
Lighter SUI+0.0096%1h1.0445+0.269%$832K$5.6M10xas long as short
Lighter RH SUI+0.0096%1h1.0449+0.303%$279K$2.1M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0471+0.516%$31K$499K50xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0471+0.514%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0471+0.521%$723K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0436+0.183%$915K$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0455+0.359%$228K$266K10xas long as short
Binance SUIUSDT+0.0100%8h1.0427+0.097%$152.5M$1.03B75xas long as short
Bybit SUIUSDTlong+0.0100%8h1.0417long leg$103.2M$308.7M50x
OKX SUI-USDT-SWAP+0.0100%8h1.0426+0.084%$41.2M$386.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0470+0.507%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0351−0.635%$243K$4K10xas long as short
Gate SUI_USDT+0.0100%8h1.0426+0.084%$165.0M$82.3M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0425+0.075%$151.5M$289.9M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0435+0.171%$50.8M$53.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0422+0.046%$67.8M$168.5M75xas long as short
BingX SUI-USDC+0.0100%8h1.0413−0.040%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0436+0.180%$713K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0468+0.485%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0383−0.333%$169K$4.7M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0370−0.453%$453K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0361−0.539%$236K$470K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0451+0.324%$48K$241K20xas long as short
SunX SUI-USDT+0.0100%8h1.0479+0.593%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0452+0.334%$6K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0446+0.276%$596K$19.8M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0430+0.123%$11.6M$26.0M50xas long as short
Extended SUI-USD+0.0104%1h1.0426+0.089%$1.5M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0458+0.396%$40K$11K3xas long as short
01 Exchange SUIUSD+0.0112%1h1.0477+0.574%$9K$3K10xas long as short
Coinbase International SUI-PERP-INTX+0.0176%1h1.0448+0.296%$970K$14.7M50xas long as short
Phoenix SUI+0.0221%1h1.0385−0.308%$206K$561K10xas long as short
Kraken Futures PF_SUIUSD+0.0287%1h1.0456+0.370%$6.8M$26.9M50xas long as short
Polymarket Perps SUI-USDshort+0.0303%1h1.0481+0.612%$123K$729K10x
GMX SUI/USD [ETH-USDC]L +0.0620% / S −0.0272%1h1.0460+0.413%$974K100xas long as short
Hyperliquid SUI+0.0752%1h1.0449+0.307%$75.4M$80.3M10xas long as short
Aftermath Perps SUIUSD+0.1161%1h1.0400−0.162%$83K$383K10xas long as short