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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0331%/8h= −36.2% APRnext payment $0.41 per $10,000 · paid last 24h −0.105%
Price spread now: Nado against Hyperliquid−0.139%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$320.316% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.186%−$19 on $10k
Price spread, last 7 days+0.099%+$10 · spread now −0.139%, 7d avg −0.074%
Together, before fees−0.087%+ Points / potential airdropHyperliquid: Season 2 · Nado: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Nado is 0.065% cheaper against Hyperliquid than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.074%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SUI1.04170.0431pay 0.0054% / 1h41m 55s$75.6M$81.6M10x
ShortNado SUI-PERP1.04020.0100get 0.0012% / 1h41m 55s$686K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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

Funding earned
−$69.48
Price spread: −0.139% → −0.074%
−$6.51
Slippage, 4 orders
−$15.57
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$107.56
Costs to cover
0.316%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; Nado: live order book, 2 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 Hyperliquid live order book, 12 min ago1.43 bp7.6 bp −$811.8 bp −$118doesn't fitdoesn't fit
Sell Nado live order book, 2 min ago0.48 bp7.4 bp −$720.1 bp −$201doesn'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−0.3244%1h1.0316−0.970%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0375%1h1.0403−0.132%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0296%1h1.0412−0.047%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0397−0.192%$130K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0383−0.331%$507K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0406−0.106%$202K$574K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0403−0.132%$113K150xas long as short
Lighter SUI+0.0096%1h1.0407−0.095%$828K$5.5M10xas long as short
Lighter RH SUI+0.0096%1h1.0406−0.102%$299K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0396−0.202%$40K$516K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0396−0.199%$27K$9K30xas long as short
Nado SUI-PERPshort+0.0100%1h1.0402−0.139%$686K$1.9M10x
Aster SUIUSDT+0.0100%8h1.0403−0.130%$911K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0394−0.221%$225K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0407−0.096%$151.5M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0402−0.144%$102.8M$310.6M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0398−0.182%$41.3M$389.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0400−0.163%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0390−0.259%$244K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0405−0.115%$165.8M$83.0M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0406−0.106%$151.6M$293.9M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0411−0.058%$50.0M$54.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0407−0.096%$68.0M$171.6M75xas long as short
BingX SUI-USDT+0.0100%8h1.0407−0.096%$82.4Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0402−0.144%$680K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0394−0.225%$2.4M$3.3Mas long as short
edgeX SUIUSDC+0.0100%4h1.0403−0.133%$170K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0388−0.274%$452K$7.7M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0399−0.173%$232K$486K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0407−0.096%$124K$756K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0405−0.115%$48K$191K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0392−0.240%$595K$401K25xas long as short
SunX SUI-USDT+0.0100%8h1.04170.000%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0401−0.154%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0405−0.115%$575K$19.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0403−0.134%$12.0M$26.6M50xas long as short
Extended SUI-USD+0.0104%1h1.0408−0.091%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0411−0.059%$40K$11K3xas long as short
01 Exchange SUIUSD+0.0112%1h1.0395−0.211%$9K$3K10xas long as short
Kraken Futures PF_SUIUSD+0.0162%1h1.0404−0.123%$6.9M$27.0M50xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0407−0.096%$994K$15.0M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0404−0.125%$8.0M$25.0M100xas long as short
Phoenix SUI+0.0390%1h1.0441+0.234%$212K$421K10xas long as short
Hyperliquid SUIlong+0.0431%1h1.0417long leg$75.6M$81.6M10x
GMX SUI/USD [ETH-USDC]L +0.0616% / S −0.0267%1h1.0402−0.145%$961K100xas long as short
Aftermath Perps SUIUSD+0.1562%1h1.0419+0.021%$83K$396K10xas long as short