Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Backpack against Nado−0.172%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 3 days (all we have)−0.001%$0 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.172%, 7d avg −0.036%
=Together, before fees+0.077%+ Points / potential airdropNado: Active · farm board+$8 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 0.136% cheaper against Nado than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SUI-PERP | 1.0179 | 0.0100 | pay 0.0012% / 1h | 34m 48s | $567K | $2.1M | 10x |
| Short | Backpack SUI_USDC_PERP | 1.0162 | 0.0100 | get 0.0013% / 1h | 34m 48s | $629K | $1.3M | 20x |
Nado SUI-PERP
Backpack SUI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.172% → −0.036%
- −$13.6
- Slippage, 4 orders
- −$14.9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$45.5
- Costs to cover
- 0.319%
- Break-even
- 4674946786355804.0 days
Slippage from Nado: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 4 min ago | 0.98 bp | 8.7 bp −$9 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 4 min ago | 0.49 bp | 7.1 bp −$7 | 21.9 bp −$219 | 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 | −0.3309% | 1h | 1.0121 | −0.575% | $42K | $123K | 12x | as long as short |
| Reya SUIRUSDPERP | −0.0378% | 1h | 1.0179 | −0.004% | $4K | $3K | 20x | as long as short |
| Hibachi SUI/USDT-P | −0.0160% | 1h | 1.0186 | +0.064% | $6K | $19K | 7x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0097 | −0.807% | $127K | $227K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0188 | +0.079% | $481K | $5.0M | 2.5x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0172 | −0.074% | $114K | — | 150x | as long as short |
| Deribit SUI_USDC-PERPETUAL | +0.0045% | 1h | 1.0182 | +0.025% | $198K | $562K | 25x | as long as short |
| Bluefin SUI-PERP | +0.0065% | 1h | 1.0168 | −0.113% | $583K | $406K | 25x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0096 | −0.815% | $771K | $5.4M | 10x | as long as short |
| Lighter RH SUI | +0.0096% | 1h | 1.0107 | −0.713% | $300K | $2.2M | 10x | as long as short |
Injective SUI/USDC PERP
Reya SUIRUSDPERP
Hibachi SUI/USDT-P
dYdX SUI-USD
Kalshi KXSUIPERP
gTrade (Gains Network) SUI/USD
Deribit SUI_USDC-PERPETUAL
Bluefin SUI-PERP
Lighter SUI
Lighter RH SUIShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SUIUSDT | +0.0096% | 1h | 1.0182 | +0.025% | $48K | $519K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0182 | +0.025% | $47K | $201K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0094 | −0.841% | $26K | $9K | 30x | as long as short |
| Nado SUI-PERPlong | +0.0100% | 1h | 1.0179 | long leg | $567K | $2.1M | 10x | |
| Aster SUIUSDT | +0.0100% | 8h | 1.0101 | −0.770% | $880K | $4.3M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0098 | −0.804% | $218K | $254K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0098 | −0.801% | $144.1M | $1.04B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0093 | −0.848% | $99.8M | $313.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0096 | −0.820% | $40.4M | $382.8M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0190 | +0.103% | $43K | $330K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0196 | +0.164% | $240K | $2K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0144 | −0.349% | $168.9M | $83.6M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0098 | −0.801% | $149.1M | $292.0M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0097 | −0.810% | $49.6M | $53.8M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0099 | −0.791% | $65.8M | $176.1M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0144 | −0.349% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERPshort | +0.0100% | 1h | 1.0162 | −0.172% | $629K | $1.3M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0171 | −0.084% | $2.4M | $3.4M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0184 | +0.047% | $164K | $4.5M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0189 | +0.089% | $441K | $7.5M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0185 | +0.054% | $222K | $435K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0190 | +0.103% | $136K | $726K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0204 | +0.241% | $3K | $1.7M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0173 | −0.064% | $14K | $1.9M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0176 | −0.034% | $599K | $19.3M | 75x | as long as short |
| Phemex SUIUSDT | +0.0100% | 8h | 1.0172 | −0.074% | $11.7M | $27.5M | 50x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0143 | −0.356% | $1.4M | $4.1M | 50x | as long as short |
| 01 Exchange SUIUSD | +0.0104% | 1h | 1.0182 | +0.025% | $9K | $3K | 10x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0183 | +0.034% | $39K | $11K | 3x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0172% | 1h | 1.0176 | −0.031% | $6.7M | $24.6M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0174 | −0.054% | $7.6M | $24.4M | 100x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0248% | 1h | 1.0182 | +0.025% | $972K | $14.9M | 50x | as long as short |
| Hyperliquid SUI | +0.0328% | 1h | 1.0112 | −0.663% | $72.6M | $80.3M | 10x | as long as short |
| Phoenix SUI | +0.0416% | 1h | 1.0190 | +0.099% | $202K | $422K | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0602% / S −0.0263% | 1h | 1.0172 | −0.075% | $935K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.1375% | 1h | 1.0197 | +0.168% | $82K | $408K | 10x | as long as short |
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Phemex SUIUSDT
Extended SUI-USD
01 Exchange SUIUSD
Aevo SUI-PERP
Kraken Futures PF_SUIUSD
BloFin SUI-USDT
Coinbase International SUI-PERP-INTX
Hyperliquid SUI
Phoenix SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD