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

SUI

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Backpack against KuCoin+0.098%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$330.331% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.098%, 7d avg −0.024%
Together, before fees−0.098%−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.123% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SUIUSDTM1.01740.0100pay 0.0100% / 8h1h 59m$51.5M$51.9M75x
ShortBackpack SUI_USDC_PERP1.01840.0100get 0.0013% / 1h59m 35s$647K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against KuCoin. 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
$0
Price spread: +0.098% → −0.024%
$12.26
Slippage, 4 orders
−$11.15
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$20.89
Costs to cover
0.331%
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; Backpack: live order book, 4 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 KuCoin live order book, 9 min ago1.47 bp9.8 bp −$1021.7 bp −$217doesn't fitdoesn't fit
Sell Backpack live order book, 4 min ago0.49 bp6.9 bp −$79.6 bp −$96doesn'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−0.2398%1h1.0068−1.042%$41K$123K12xas long as short
Hibachi SUI/USDT-P−0.0472%1h1.0191+0.171%$6K$18K7xas long as short
Reya SUIRUSDPERP−0.0367%1h1.0190+0.154%$4K$3K20xas long as short
Bluefin SUI-PERP−0.0109%1h1.0179+0.049%$583K$405K25xas long as short
Kraken Futures PF_SUIUSD−0.0022%1h1.0191+0.166%$7.0M$24.0M50xas long as short
dYdX SUI-USD0.0000%1h1.0169−0.049%$93K$66K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0197+0.223%$456K$5.5M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0194+0.197%$186K$547K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0192+0.177%$118K150xas long as short
01 Exchange SUIUSD+0.0072%1h1.0186+0.118%$9K$9K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SUI+0.0096%1h1.0177+0.034%$778K$5.9M10xas long as short
Lighter RH SUI+0.0096%1h1.0180+0.056%$251K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0192+0.177%$36K$503K50xas long as short
Orderly PERP_SUI_USDC+0.0098%8h1.0191+0.167%$45K$376K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0177+0.028%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0191+0.162%$595K$1.3M10xas long as short
Aster SUIUSDT+0.0100%8h1.0180+0.059%$997K$4.5M75xas long as short
Pacifica SUI+0.0100%1h1.0180+0.055%$220K$261K10xas long as short
Binance SUIUSDT+0.0100%8h1.0194+0.200%$151.1M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0202+0.275%$102.1M$306.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.01740.000%$40.8M$381.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0180+0.059%$147K$297K10xas long as short
Bulk SUI-USD+0.0100%1h1.0202+0.271%$240K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0178+0.039%$164.0M$80.4M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0177+0.029%$147.7M$292.4M300xas long as short
KuCoin SUIUSDTMlong+0.0100%8h1.0174long leg$51.5M$51.9M75x
Bitget SUIUSDT+0.0100%8h1.01740.000%$66.9M$168.8M75xas long as short
BingX SUI-USDT+0.0100%8h1.0178+0.039%$81.9Mas long as short
Backpack SUI_USDC_PERPshort+0.0100%1h1.0184+0.098%$647K$1.2M20x
Variational Omni SUI+0.0100%8h1.0201+0.266%$2.2M$2.8Mas long as short
edgeX SUIUSDC+0.0100%4h1.0200+0.251%$164K$4.4M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0191+0.166%$440K$7.1M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0204+0.295%$231K$445K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0199+0.246%$106K$785K10xas long as short
SunX SUI-USDT+0.0100%8h1.0210+0.354%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0190+0.157%$6K$2.4M10xas long as short
HTX SUI-USDT+0.0100%8h1.0190+0.157%$619K$18.7M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0189+0.147%$11.4M$24.6M50xas long as short
Extended SUI-USD+0.0104%1h1.0176+0.016%$1.4M$3.7M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0190+0.157%$48K$37K3xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0205+0.305%$979K$13.7M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0204+0.295%$8.0M$23.8M100xas long as short
Phoenix SUI+0.0290%1h1.0194+0.199%$184K$578K10xas long as short
Hyperliquid SUI+0.0414%1h1.0183+0.088%$72.5M$81.4M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0637% / S −0.0311%1h1.0190+0.161%$894K100xas long as short
Aftermath Perps SUIUSD+0.0655%1h1.0190+0.158%$91K$381K10xas long as short