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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0366%/8h= −40.0% APRnext payment $0.46 per $10,000 · paid last 24h −0.126%
Price spread now: Bluefin against Coinbase International−0.353%7-day average −0.227% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.264%−$26 on $10k
Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.353%, 7d avg −0.227%
Together, before fees−0.075%−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bluefin is 0.126% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.227%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SUI-PERP-INTX1.01980.0280pay 0.0035% / 1h22m 36s$1.0M$14.7M50x
ShortBluefin SUI-PERP1.0162−0.0086pay 0.0011% / 1h22m 36s$583K$424K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bluefin against Coinbase International. 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
−$76.76
Price spread: −0.353% → −0.227%
−$12.6
Slippage, 4 orders
−$34.43
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Bluefin: 3.5 bp × 2 orders
−$7
Net
−$140.78
Costs to cover
0.514%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 1 min ago; Bluefin: live order book, 22 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 Coinbase International live order book, 1 min ago5.39 bp14.9 bp −$1522.0 bp −$220doesn't fitdoesn't fit
Sell Bluefin live order book, 22 min ago0.99 bp12.1 bp −$12108.1 bp −$1,081doesn'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%1h1.0080−1.157%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0380%1h1.0166−0.314%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0240%1h1.0182−0.158%$5K$21K7xas long as short
Bluefin SUI-PERPshort−0.0086%1h1.0162−0.353%$583K$424K25x
dYdX SUI-USD0.0000%1h1.0178−0.196%$95K$258K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0183−0.146%$373K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0178−0.196%$196K$563K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0176−0.220%$115K150xas long as short
Lighter SUI+0.0096%1h1.0187−0.113%$787K$5.3M10xas long as short
Lighter RH SUI+0.0096%1h1.0186−0.117%$298K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0167−0.304%$37K$521K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0176−0.216%$47K$217K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0179−0.191%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.0164−0.333%$536K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0183−0.145%$899K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0184−0.136%$218K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0182−0.159%$145.7M$1.01B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0174−0.235%$98.5M$315.0M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0179−0.186%$41.2M$375.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0180−0.177%$43K$328K10xas long as short
Bulk SUI-USD+0.0100%1h1.0119−0.773%$238K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0180−0.177%$167.4M$83.5M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0179−0.186%$152.6M$292.3M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0187−0.108%$50.1M$52.8M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0176−0.216%$67.0M$171.9M75xas long as short
BingX SUI-USDT+0.0100%8h1.0179−0.186%$86.8Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0176−0.216%$669K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0199+0.007%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0162−0.353%$163K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0172−0.255%$440K$7.2M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0168−0.294%$223K$379K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0174−0.235%$127K$673K10xas long as short
SunX SUI-USDT+0.0100%8h1.0182−0.157%$2K$1.6M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0178−0.196%$5K$1.8M10xas long as short
HTX SUI-USDT+0.0100%8h1.0172−0.255%$627K$18.5M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0182−0.157%$11.8M$28.2M50xas long as short
Extended SUI-USD+0.0104%1h1.0178−0.200%$1.4M$4.0M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0182−0.158%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0192%1h1.0183−0.147%$9K$2K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0173−0.245%$7.5M$24.5M100xas long as short
Coinbase International SUI-PERP-INTXlong+0.0280%1h1.0198long leg$1.0M$14.7M50x
Kraken Futures PF_SUIUSD+0.0365%1h1.0178−0.195%$6.8M$22.3M50xas long as short
Phoenix SUI+0.0431%1h1.0208+0.099%$202K$413K10xas long as short
Hyperliquid SUI+0.0439%1h1.0196−0.015%$73.3M$81.3M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0601% / S −0.0263%1h1.0175−0.225%$935K100xas long as short
Aftermath Perps SUIUSD+0.1367%1h1.0175−0.230%$82K$410K10xas long as short