Funding arb · Price arb /

SUI

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.094%

Price spread now: Aster against Hyperliquid−0.043%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on Hyperliquid Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.183%−$18 on $10k

Price spread, last 7 days−0.088%−$9 · spread now −0.043%, 7d avg −0.049%

Together, before fees−0.271%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid SUI	1.0182	0.0100	pay 0.0013% / 1h	43m 09s	$73.4M	$78.9M	10x
Short	Aster SUIUSDT	1.0178	0.0100	get 0.0100% / 8h	43m 09s	$903K	$4.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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 HyperliquidbpFee AsterbpOrdersPrice spread, now −0.043%Rate

Funding earned: $0
Price spread: −0.043% → −0.049%: $0.62
Slippage, 4 orders: −$15.81
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$32.19
Costs to cover: 0.328%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 11 min ago; Aster: live order book, 6 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 Hyperliquid live order book, 11 min ago	0.49 bp	6.1 bp −$6	12.9 bp −$129	doesn't fit	doesn't fit
Sell Aster live order book, 6 min ago	3.92 bp	10.9 bp −$11	30.1 bp −$301	doesn't fit	doesn't fit

SUI on 46 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	−0.2780%	1h	1.0068	−1.120%	$41K	$113K	12x	as long as short
Reya SUIRUSDPERP	−0.0381%	1h	1.0184	+0.018%	$4K	$3K	20x	as long as short
Hibachi SUI/USDT-P	−0.0320%	1h	1.0198	+0.161%	$5K	$20K	7x	as long as short
Bluefin SUI-PERP	−0.0239%	1h	1.0164	−0.177%	$583K	$427K	25x	as long as short
dYdX SUI-USD	0.0000%	1h	1.0193	+0.108%	$96K	$257K	10x	as long as short
Kalshi KXSUIPERP	0.0000%	8h	1.0190	+0.078%	$378K	$4.4M	2.5x	as long as short
Deribit SUI_USDC-PERPETUAL	0.0000%	1h	1.0179	−0.029%	$196K	$559K	25x	as long as short
gTrade (Gains Network) SUI/USD	L +0.0003% / S −0.0003%	1h	1.0179	−0.026%	$115K	—	150x	as long as short
Lighter SUI	+0.0096%	1h	1.0180	−0.015%	$767K	$5.1M	10x	as long as short
Lighter RH SUI	+0.0096%	1h	1.0178	−0.043%	$297K	$2.2M	10x	as long as short

Show all 46 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex SUIUSDT	+0.0096%	1h	1.0191	+0.088%	$38K	$522K	50x	as long as short
Orderly PERP_SUI_USDC	+0.0100%	8h	1.0179	−0.029%	$47K	$242K	20x	as long as short
Paradex SUI-USD-PERP	+0.0100%	8h	1.0194	+0.117%	$27K	$8K	30x	as long as short
Nado SUI-PERP	+0.0100%	1h	1.0193	+0.108%	$682K	$2.2M	10x	as long as short
Hyperliquid SUIlong	+0.0100%	1h	1.0182	long leg	$73.4M	$78.9M	10x
Aster SUIUSDTshort	+0.0100%	8h	1.0178	−0.043%	$903K	$4.2M	75x
Pacifica SUI	+0.0100%	1h	1.0194	+0.118%	$217K	$257K	10x	as long as short
Binance SUIUSDT	+0.0100%	8h	1.0174	−0.082%	$146.6M	$998.7M	75x	as long as short
Bybit SUIUSDT	+0.0100%	8h	1.0169	−0.128%	$98.3M	$311.9M	50x	as long as short
OKX SUI-USDT-SWAP	+0.0100%	8h	1.0169	−0.128%	$41.0M	$369.8M	50x	as long as short
Arcus SUI-USD	+0.0100%	1h	1.0200	+0.177%	$43K	$330K	10x	as long as short
Bulk SUI-USD	+0.0100%	1h	1.0171	−0.113%	$239K	$454	10x	as long as short
Gate SUI_USDT	+0.0100%	8h	1.0174	−0.079%	$167.9M	$81.6M	50x	as long as short
MEXC SUI_USDT	+0.0100%	8h	1.0176	−0.059%	$155.7M	$282.8M	300x	as long as short
KuCoin SUIUSDTM	+0.0100%	8h	1.0175	−0.069%	$50.1M	$52.2M	75x	as long as short
Bitget SUIUSDT	+0.0100%	8h	1.0170	−0.118%	$67.1M	$169.5M	75x	as long as short
BingX SUI-USDC	+0.0100%	8h	1.0174	−0.079%	—	$6.5M	—	as long as short
Backpack SUI_USDC_PERP	+0.0100%	1h	1.0172	−0.098%	$674K	$1.4M	20x	as long as short
Variational Omni SUI	+0.0100%	8h	1.0190	+0.074%	$2.4M	$3.5M	—	as long as short
edgeX SUIUSDC	+0.0100%	4h	1.0205	+0.227%	$164K	$4.3M	20x	as long as short
GRVT SUI_USDT_Perp	+0.0100%	8h	1.0196	+0.135%	$446K	$7.1M	10x	as long as short
ApeX Omni SUIUSDT	+0.0100%	1h	1.0191	+0.088%	$223K	$368K	50x	as long as short
Polymarket Perps SUI-USD	+0.0100%	1h	1.0196	+0.137%	$122K	$553K	10x	as long as short
SunX SUI-USDT	+0.0100%	8h	1.0211	+0.285%	$3K	$1.6M	30x	as long as short
SoDEX SUI-USD	+0.0100%	1h	1.0176	−0.059%	$7K	$1.7M	10x	as long as short
HTX SUI-USDT	+0.0100%	8h	1.0173	−0.088%	$628K	$18.4M	75x	as long as short
Phemex SUIUSDT	+0.0100%	8h	1.0179	−0.029%	$11.7M	$28.2M	50x	as long as short
Extended SUI-USD	+0.0104%	1h	1.0175	−0.071%	$1.4M	$4.1M	50x	as long as short
Aevo SUI-PERP	+0.0104%	1h	1.0181	−0.007%	$39K	$11K	3x	as long as short
Kraken Futures PF_SUIUSD	+0.0119%	1h	1.0174	−0.076%	$6.8M	$21.8M	50x	as long as short
01 Exchange SUIUSD	+0.0152%	1h	1.0195	+0.128%	$8K	$3K	10x	as long as short
BloFin SUI-USDT	+0.0220%	8h	1.0177	−0.049%	$7.6M	$24.5M	100x	as long as short
Coinbase International SUI-PERP-INTX	+0.0328%	1h	1.0190	+0.079%	$1.0M	$14.4M	50x	as long as short
Phoenix SUI	+0.0393%	1h	1.0209	+0.263%	$202K	$400K	10x	as long as short
GMX SUI/USD [ETH-USDC]	L +0.0601% / S −0.0263%	1h	1.0183	+0.006%	$936K	—	100x	as long as short
Aftermath Perps SUIUSD	+0.1310%	1h	1.0195	+0.124%	$82K	$409K	10x	as long as short