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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0331%/8h= +36.2% APRpaid last 24h +0.049%
Price spread now: Phoenix against Paradex+0.244%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Phoenix is 0.244% dearer against Paradex than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex SUI-USD-PERP1.01270.0100pay 0.0100% / 8h1h 44m$26K$8K30x
ShortPhoenix SUI1.01510.0431get 0.0054% / 1h44m 50s$201K$413K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Paradex. 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
$69.42
Price spread: +0.244% → 0.000%
$24.39
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$82.81
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Phoenix: live order book, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Phoenix live order book, 62 min ago0.98 bp12.4 bp −$1243.0 bp −$430doesn't fitdoesn't fit
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1.0076−0.502%$41K$113K12xas long as short
Reya SUIRUSDPERP−0.0379%1h1.0157+0.293%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0184%1h1.0133+0.063%$5K$21K7xas long as short
Bluefin SUI-PERP−0.0028%1h1.0159+0.318%$582K$428K25xas long as short
dYdX SUI-USD0.0000%1h1.0131+0.043%$95K$294K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0149+0.221%$376K$4.9M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0170+0.427%$196K$563K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0166+0.390%$115K150xas long as short
Lighter SUI+0.0096%1h1.0166+0.388%$789K$5.3M10xas long as short
Lighter RH SUI+0.0096%1h1.0171+0.432%$297K$2.2M10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SUIUSDT+0.0096%1h1.0130+0.032%$34K$521K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0168+0.407%$47K$211K20xas long as short
Paradex SUI-USD-PERPlong+0.0100%8h1.0127long leg$26K$8K30x
Nado SUI-PERP+0.0100%1h1.0145+0.182%$536K$2.1M10xas long as short
Aster SUIUSDT+0.0100%8h1.0155+0.277%$896K$4.3M75xas long as short
Pacifica SUI+0.0100%1h1.0129+0.020%$216K$264K10xas long as short
Binance SUIUSDT+0.0100%8h1.0159+0.316%$145.5M$1.04B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0155+0.282%$99.4M$319.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0154+0.269%$40.9M$385.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0130+0.032%$43K$329K10xas long as short
Bulk SUI-USD+0.0100%1h1.0165+0.377%$239K$2K10xas long as short
Gate SUI_USDT+0.0100%8h1.0152+0.249%$165.4M$82.9M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0153+0.259%$151.1M$291.0M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0156+0.288%$49.6M$53.3M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0150+0.229%$67.0M$175.8M75xas long as short
BingX SUI-USDT+0.0100%8h1.0156+0.288%$84.8Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0166+0.387%$669K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0130+0.029%$2.4M$3.5Mas long as short
edgeX SUIUSDC+0.0100%4h1.0155+0.278%$163K$4.6M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0139+0.121%$438K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0159+0.318%$223K$409K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0161+0.338%$131K$665K10xas long as short
SunX SUI-USDT+0.0100%8h1.0176+0.486%$3K$1.7M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0164+0.367%$6K$1.9M10xas long as short
HTX SUI-USDT+0.0100%8h1.0165+0.377%$621K$19.0M75xas long as short
Phemex SUIUSDT+0.0100%8h1.0160+0.328%$11.7M$28.1M50xas long as short
Extended SUI-USD+0.0104%1h1.0152+0.251%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0174+0.463%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0200%1h1.0134+0.071%$9K$2K10xas long as short
BloFin SUI-USDT+0.0220%8h1.0169+0.417%$7.6M$24.8M100xas long as short
Coinbase International SUI-PERP-INTX+0.0280%1h1.0176+0.486%$1.0M$14.9M50xas long as short
Kraken Futures PF_SUIUSD+0.0365%1h1.0169+0.415%$6.8M$23.1M50xas long as short
Phoenix SUIshort+0.0431%1h1.0151+0.244%$201K$413K10x
GMX SUI/USD [ETH-USDC]L +0.0601% / S −0.0263%1h1.0165+0.376%$933K100xas long as short
Hyperliquid SUI+0.0605%1h1.0174+0.466%$73.2M$83.5M10xas long as short
Aftermath Perps SUIUSD+0.1411%1h1.0176+0.482%$82K$410K10xas long as short