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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Phemex against Nado−0.077%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$370.374% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.077%, 7d avg +0.030%
Together, before fees+0.151%+ Points / potential airdropNado: Active · farm board+$15 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: Phemex is 0.107% cheaper against Nado than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SUI-PERP1.03730.0100pay 0.0012% / 1h37m 50s$684K$1.9M10x
ShortPhemex SUIUSDT1.03650.0100get 0.0100% / 8h4h 37m$11.9M$26.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against Nado. 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: −0.077% → +0.030%
−$10.7
Slippage, 4 orders
−$18.39
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$48.09
Costs to cover
0.374%
Break-even
4941108354348732.0 days
Slippage from Nado: live order book, 1 min ago; Phemex: live order book, 6 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 Nado live order book, 1 min ago1.45 bp7.3 bp −$716.2 bp −$162doesn't fitdoesn't fit
Sell Phemex live order book, 6 min ago2.88 bp11.3 bp −$1121.6 bp −$216doesn'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%1h1.0320−0.511%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0375%1h1.0379+0.057%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0296%1h1.0355−0.176%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0353−0.193%$130K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0333−0.383%$504K$5.0M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0374+0.014%$116K150xas long as short
Deribit SUI_USDC-PERPETUAL+0.0039%1h1.0380+0.067%$202K$574K25xas long as short
Lighter SUI+0.0096%1h1.0369−0.040%$824K$5.5M10xas long as short
Lighter RH SUI+0.0096%1h1.0369−0.042%$300K$2.2M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0381+0.077%$40K$515K50xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0362−0.110%$27K$9K30xas long as short
Nado SUI-PERPlong+0.0100%1h1.0373long leg$684K$1.9M10x
Aster SUIUSDT+0.0100%8h1.0367−0.059%$908K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0357−0.157%$224K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0370−0.029%$151.2M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0367−0.058%$102.5M$310.9M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0364−0.087%$41.2M$388.3M50xas long as short
Arcus SUI-USD+0.0100%1h1.0370−0.029%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0390+0.164%$244K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0369−0.039%$166.3M$83.3M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0365−0.077%$154.4M$294.9M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0367−0.058%$49.7M$54.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0360−0.125%$67.7M$171.7M75xas long as short
BingX SUI-USDC+0.0100%8h1.0368−0.048%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0372−0.010%$662K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0381+0.073%$2.5M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0418+0.430%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0419+0.445%$451K$7.7M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0384+0.106%$232K$486K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0383+0.096%$123K$757K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0375+0.019%$48K$190K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0363−0.096%$593K$401K25xas long as short
SunX SUI-USDT+0.0100%8h1.0392+0.183%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0369−0.039%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0376+0.029%$570K$19.7M75xas long as short
Phemex SUIUSDTshort+0.0100%8h1.0365−0.077%$11.9M$26.6M50x
Extended SUI-USD+0.0104%1h1.0361−0.114%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0382+0.090%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0120%1h1.0372−0.010%$9K$3K10xas long as short
Kraken Futures PF_SUIUSD+0.0163%1h1.0371−0.020%$6.8M$27.0M50xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0361−0.116%$991K$14.9M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0348−0.241%$7.9M$24.9M100xas long as short
Phoenix SUI+0.0390%1h1.0414+0.395%$211K$421K10xas long as short
Hyperliquid SUI+0.0407%1h1.0374+0.010%$75.3M$81.6M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0614% / S −0.0267%1h1.0374+0.013%$959K100xas long as short
Aftermath Perps SUIUSD+0.1541%1h1.0394+0.201%$83K$396K10xas long as short