Funding arb · Price arb /

SUI

all SUI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%

Price spread now: dYdX against Deribit−0.030%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$255as in the Funding arb table

Net, price: spread back to 7d avg − costs−$236as in the Price arb table

costs, in and out, $10k−$2382.375% of the position

Long on Deribit Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.179%−$18 on $10k

Price spread, last 4 days (all we have)−0.124%−$12 · spread now −0.030%, 7d avg −0.046%

Together, before fees−0.303%−$30 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SUI_USDC-PERPETUAL	1.0151	0	get 0.0000% / 1h	48m 55s	$193K	$500K	25x
Short	dYdX SUI-USD	1.0148	0	get 0.0000% / 1h	48m 55s	$95K	$241K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Deribit. 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

Position, each leg$Hold fordaysFee DeribitbpFee dYdXbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → −0.046%: $1.6
Slippage, 4 orders: −$220.5
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$235.9
Costs to cover: 2.375%
Break-even: never at this rate

Slippage from Deribit: live order book, 63 min ago; dYdX: live order book, 63 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 Deribit live order book, 63 min ago	2.96 bp	6.5 bp −$6	15.3 bp −$153	doesn't fit	doesn't fit
Sell dYdX live order book, 63 min ago	38.98 bp	105.8 bp −$106	120.3 bp −$1,203	164.1 bp −$16.4K	326.5 bp −$163.3K

SUI on 46 exchanges

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	−0.3324%	1h	1.0075	−0.749%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0385%	1h	1.0141	−0.097%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0376%	1h	1.0146	−0.052%	$5K	$16K	7x	as long as short
Bluefin SUI-PERP	−0.0264%	1h	1.0136	−0.148%	$583K	$407K	25x	as long as short
Kraken Futures PF_SUIUSD	−0.0042%	1h	1.0157	+0.058%	$6.9M	$19.6M	50x	as long as short
dYdX SUI-USDshort	0.0000%	1h	1.0148	−0.030%	$95K	$241K	10x
Kalshi KXSUIPERP	0.0000%	8h	1.0156	+0.049%	$379K	$3.7M	2.5x	as long as short
Deribit SUI_USDC-PERPETUALlong	0.0000%	1h	1.0151	long leg	$193K	$500K	25x
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0165	+0.133%	$116K	—	150x	as long as short
01 Exchange SUIUSD	+0.0024%	1h	1.0148	−0.030%	$8K	$3K	10x	as long as short

Show all 46 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SUI	+0.0096%	1h	1.0154	+0.029%	$738K	$4.5M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0157	+0.060%	$326K	$2.1M	10x	as long as short
Popdex SUIUSDT	+0.0096%	1h	1.0149	−0.020%	$54K	$517K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0099%	8h	1.0150	−0.010%	$55K	$700K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0145	−0.055%	$27K	$2K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0147	−0.034%	$659K	$2.0M	10x	as long as short
Hyperliquid SUI	+0.0100%	1h	1.0162	+0.108%	$72.8M	$66.1M	10x	as long as short
Aster SUIUSDT	+0.0100%	8h	1.0147	−0.040%	$903K	$3.5M	75x	as long as short
Pacifica SUI	+0.0100%	1h	1.0149	−0.016%	$216K	$207K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0143	−0.079%	$143.2M	$869.8M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0139	−0.122%	$96.9M	$268.8M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0139	−0.118%	$41.0M	$314.5M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0150	−0.010%	$43K	$310K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0190	+0.384%	$233K	$8K	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0140	−0.108%	$167.7M	$67.6M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0143	−0.079%	$96.0M	$245.9M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0153	+0.020%	$50.4M	$46.4M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0137	−0.138%	$66.4M	$140.4M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0141	−0.099%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0150	−0.010%	$649K	$1.2M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0141	−0.099%	$2.4M	$2.7M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0145	−0.064%	$163K	$3.8M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0163	+0.117%	$440K	$6.7M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0153	+0.020%	$204K	$385K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0152	+0.010%	$122K	$475K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0162	+0.108%	$2K	$1.3M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0152	+0.010%	$6K	$1.4M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0147	−0.039%	$750K	$16.8M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0154	+0.030%	$11.7M	$28.2M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0137	−0.136%	$1.5M	$3.5M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0154	+0.030%	$39K	$11K	3x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0153	+0.020%	$7.5M	$22.5M	100x	as long as short
Phoenix SUI	+0.0250%	1h	1.0180	+0.284%	$203K	$318K	10x	as long as short
Coinbase International SUI-PERP-INTX	+0.0312%	1h	1.0157	+0.059%	$1.0M	$11.1M	50x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0607% / S −0.0268%	1h	1.0149	−0.025%	$945K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.0882%	1h	1.0168	+0.163%	$80K	$405K	10x	as long as short