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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.061%
Price spread now: KuCoin against Coinbase International−0.224%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.400%−$40 on $10k
Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.224%, 7d avg −0.095%
Together, before fees−0.249%−$25 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 KuCoin is 0.129% 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 −0.095%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SUI-PERP-INTX1.02590.0248pay 0.0031% / 1h48m 09s$976K$15.0M50x
ShortKuCoin SUIUSDTM1.02360.0100get 0.0100% / 8h2h 48m$50.3M$53.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$31.08
Price spread: −0.224% → −0.095%
−$12.95
Slippage, 4 orders
−$30.35
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$96.38
Costs to cover
0.524%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 6 min ago; KuCoin: 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 Coinbase International live order book, 6 min ago4.89 bp13.8 bp −$1420.4 bp −$204doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago2.44 bp13.6 bp −$1424.3 bp −$243doesn'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−0.3309%1h1.0051−2.027%$41K$123K12xas long as short
Reya SUIRUSDPERP−0.0378%1h1.0247−0.118%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0136%1h1.0220−0.384%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0238−0.203%$128K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0240−0.185%$482K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0245−0.136%$199K$571K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0245−0.141%$115K150xas long as short
Bluefin SUI-PERP+0.0076%1h1.0232−0.263%$587K$408K25xas long as short
01 Exchange SUIUSD+0.0088%1h1.0251−0.078%$9K$3K10xas long as short
Lighter SUI+0.0096%1h1.0242−0.166%$776K$5.4M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0246−0.131%$304K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0249−0.097%$47K$519K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0245−0.136%$47K$189K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0240−0.182%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0250−0.083%$580K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0236−0.224%$879K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0241−0.177%$221K$254K10xas long as short
Binance SUIUSDT+0.0100%8h1.0236−0.228%$146.0M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0227−0.310%$100.8M$309.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0227−0.312%$40.4M$385.8M50xas long as short
Arcus SUI-USD+0.0100%1h1.0250−0.088%$43K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0226−0.322%$240K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0238−0.205%$168.0M$82.7M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0237−0.214%$151.9M$290.6M300xas long as short
KuCoin SUIUSDTMshort+0.0100%8h1.0236−0.224%$50.3M$53.9M75x
Bitget SUIUSDT+0.0100%8h1.0230−0.283%$66.6M$175.7M75xas long as short
BingX SUI-USDC+0.0100%8h1.0237−0.214%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0238−0.205%$631K$1.3M20xas long as short
Variational Omni SUI+0.0100%8h1.0233−0.256%$2.4M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0221−0.370%$164K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0241−0.178%$442K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0230−0.283%$223K$434K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0257−0.019%$138K$733K10xas long as short
SunX SUI-USDT+0.0100%8h1.0265+0.058%$3K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0243−0.156%$14K$2.0M10xas long as short
HTX SUI-USDT+0.0100%8h1.0247−0.117%$597K$19.4M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0239−0.195%$11.8M$27.4M50xas long as short
Extended SUI-USD+0.0104%1h1.0239−0.198%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0243−0.152%$39K$11K3xas long as short
Kraken Futures PF_SUIUSD+0.0171%1h1.0243−0.155%$6.7M$24.7M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0225−0.331%$7.6M$24.5M100xas long as short
Coinbase International SUI-PERP-INTXlong+0.0248%1h1.0259long leg$976K$15.0M50x
Hyperliquid SUI+0.0343%1h1.0246−0.127%$73.5M$80.6M10xas long as short
Phoenix SUI+0.0416%1h1.0246−0.124%$203K$422K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0600% / S −0.0260%1h1.0244−0.150%$937K100xas long as short
Aftermath Perps SUIUSD+0.1380%1h1.0233−0.254%$82K$408K10xas long as short