Funding you earn now, next payment 01:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.074%
Price spread now: Bybit against Coinbase International−0.257%54s7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days−0.423%−$42 on $10k
+Price spread, last 3 days (all we have)+0.196%+$20 · spread now −0.257%, 7d avg −0.117%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bybit is 0.140% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.117%). Swap the legs. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SUI-PERP-INTX | 1.0386 | 0.0152 | pay 0.0019% / 1h | 0m 17s | $977K | $14.6M | 50x |
| Short | Bybit SUIUSDT | 1.0359 | 0.0100 | get 0.0100% / 8h | 6h 00m | $102.8M | $309.2M | 50x |
Coinbase International SUI-PERP-INTX
Bybit SUIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.92
- Price spread: −0.257% → −0.117%
- −$14.03
- Slippage, 4 orders
- −$22.22
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$68.18
- Costs to cover
- 0.432%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Bybit: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 4 min ago | 4.80 bp | 14.1 bp −$14 | 20.9 bp −$209 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.48 bp | 8.0 bp −$8 | 14.8 bp −$148 | 35.4 bp −$3,544 | doesn't fit |
SUI on 45 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SUI/USDC PERP | −0.4499% | 1h | 1.0252 | −1.290% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0373% | 1h | 1.0359 | −0.257% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0280% | 1h | 1.0400 | +0.130% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0375 | −0.107% | $95K | $169K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0392 | +0.058% | $521K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0388 | +0.019% | $202K | $577K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0362 | −0.231% | $113K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0012% | 1h | 1.0387 | +0.014% | $6.8M | $26.9M | 50x | as long as short |
| Bluefin SUI-PERP | +0.0054% | 1h | 1.0346 | −0.385% | $592K | $413K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0378 | −0.081% | $819K | $5.7M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSD
Bluefin SUI-PERP
Lighter SUIShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SUI | +0.0096% | 1h | 1.0383 | −0.033% | $277K | $2.1M | 10x | as long as short |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0371 | −0.144% | $31K | $501K | 50x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0373 | −0.126% | $27K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0367 | −0.183% | $717K | $1.9M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0377 | −0.089% | $910K | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0378 | −0.077% | $226K | $268K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0363 | −0.222% | $151.6M | $1.04B | 75x | as long as short |
| Bybit SUIUSDTshort | +0.0100% | 8h | 1.0359 | −0.257% | $102.8M | $309.2M | 50x | |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0359 | −0.260% | $40.9M | $384.9M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0380 | −0.058% | $44K | $373K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0351 | −0.337% | $243K | $4K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0363 | −0.221% | $164.1M | $84.7M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0361 | −0.241% | $150.6M | $301.6M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0374 | −0.116% | $50.5M | $53.7M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0352 | −0.327% | $67.3M | $169.9M | 75x | as long as short |
| BingX SUI-USDT | +0.0100% | 8h | 1.0362 | −0.231% | — | $82.1M | — | as long as short |
| Backpack SUI_USDC_PERP | +0.0100% | 1h | 1.0382 | −0.039% | $710K | $1.2M | 20x | as long as short |
| Variational Omni SUI | +0.0100% | 8h | 1.0383 | −0.032% | $2.4M | $3.2M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0405 | +0.182% | $169K | $4.7M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0385 | −0.009% | $455K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0409 | +0.221% | $237K | $472K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0378 | −0.077% | $121K | $729K | 10x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0358 | −0.270% | $47K | $243K | 20x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0383 | −0.029% | $2K | $1.8M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0386 | 0.000% | $6K | $2.1M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0377 | −0.087% | $597K | $19.9M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0387 | +0.010% | $11.6M | $25.9M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0373 | −0.124% | $1.4M | $4.1M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0373 | −0.125% | $9K | $3K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0358 | −0.270% | $39K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTXlong | +0.0152% | 1h | 1.0386 | long leg | $977K | $14.6M | 50x | |
| Phoenix SUI | +0.0221% | 1h | 1.0426 | +0.385% | $207K | $595K | 10x | as long as short |
| Hyperliquid SUI | +0.0315% | 1h | 1.0384 | −0.019% | $74.8M | $80.2M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0626% / S −0.0278% | 1h | 1.0359 | −0.255% | $978K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1123% | 1h | 1.0382 | −0.042% | $82K | $383K | 10x | as long as short |
Lighter RH SUI
Popdex SUIUSDT
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDT
Backpack SUI_USDC_PERP
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
Orderly PERP_SUI_USDC
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Aevo SUI-PERP
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD