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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0263%/8h= −28.8% APRnext payment $0.33 per $10,000 · paid last 24h −0.099%
Price spread now: SoDEX against Hyperliquid0.000%7-day average −0.111% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$300.298% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.197%−$20 on $10k
Price spread, last 4 days (all we have)−0.072%−$7 · spread now 0.000%, 7d avg −0.111%
Together, before fees−0.269%+ Points / potential airdropHyperliquid: Season 2 · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.111% dearer against Hyperliquid than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.111%): +$11 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 34 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid SUI1.01760.0363pay 0.0045% / 1h3m 02s$73.4M$80.4M10x
ShortSoDEX SUI-USD1.01760.0100get 0.0013% / 1h3m 02s$6K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$55.17
Price spread: 0.000% → −0.111%
$11.07
Slippage, 4 orders
−$12.79
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$73.88
Costs to cover
0.298%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; SoDEX: live order book, 1 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, 11 min ago0.49 bp6.8 bp −$713.6 bp −$136doesn't fitdoesn't fit
Sell SoDEX live order book, 1 min ago0.49 bp8.8 bp −$918.1 bp −$181103.5 bp −$10.3Kdoesn'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−0.3536%1h1.0106−0.688%$42K$113K12xas long as short
Reya SUIRUSDPERP−0.0380%1h1.0168−0.074%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0264%1h1.0173−0.034%$5K$20K7xas long as short
Bluefin SUI-PERP−0.0094%1h1.0159−0.167%$582K$422K25xas long as short
dYdX SUI-USD0.0000%1h1.0179+0.029%$95K$257K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0191+0.149%$376K$4.4M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0175−0.010%$196K$558K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0173−0.029%$115K150xas long as short
Lighter SUI+0.0096%1h1.0179+0.027%$770K$5.4M10xas long as short
Lighter RH SUI+0.0096%1h1.0180+0.042%$297K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0178+0.020%$39K$522K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0173−0.029%$47K$226K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0176+0.002%$27K$8K30xas long as short
Nado SUI-PERP+0.0100%1h1.01760.000%$690K$2.2M10xas long as short
Aster SUIUSDT+0.0100%8h1.0172−0.043%$897K$4.2M75xas long as short
Pacifica SUI+0.0100%1h1.0179+0.033%$216K$257K10xas long as short
Binance SUIUSDT+0.0100%8h1.0168−0.082%$146.2M$1.00B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0162−0.138%$98.6M$312.7M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0162−0.138%$41.0M$371.7M50xas long as short
Arcus SUI-USD+0.0100%1h1.0180+0.039%$43K$330K10xas long as short
Bulk SUI-USD+0.0100%1h1.0183+0.074%$239K$45410xas long as short
Gate SUI_USDT+0.0100%8h1.0172−0.039%$168.3M$84.1M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0175−0.010%$153.1M$293.3M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.01760.000%$50.1M$52.4M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0161−0.147%$67.0M$170.4M75xas long as short
BingX SUI-USDT+0.0100%8h1.0171−0.049%$86.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0168−0.079%$669K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0186+0.095%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0189+0.129%$164K$4.4M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0181+0.050%$448K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0195+0.187%$224K$377K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0184+0.079%$126K$573K10xas long as short
SunX SUI-USDT+0.0100%8h1.0193+0.167%$2K$1.6M30xas long as short
SoDEX SUI-USDshort+0.0100%1h1.01760.000%$6K$1.8M10x
HTX SUI-USDT+0.0100%8h1.0175−0.010%$630K$18.4M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0178+0.020%$11.7M$28.2M50xas long as short
Extended SUI-USD+0.0104%1h1.0160−0.161%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0171−0.051%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0184%1h1.0182+0.059%$8K$3K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0175−0.010%$7.6M$24.5M100xas long as short
Coinbase International SUI-PERP-INTX+0.0280%1h1.0193+0.167%$1.0M$14.5M50xas long as short
Hyperliquid SUIlong+0.0363%1h1.0176long leg$73.4M$80.4M10x
Kraken Futures PF_SUIUSD+0.0365%1h1.0177+0.012%$6.8M$21.9M50xas long as short
Phoenix SUI+0.0431%1h1.0200+0.235%$202K$413K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0601% / S −0.0263%1h1.0170−0.055%$935K100xas long as short
Aftermath Perps SUIUSD+0.1355%1h1.0184+0.075%$82K$409K10xas long as short