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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0451%/8h= +49.4% APRpaid last 24h +0.006%
Price spread now: Arcus against Phemex−0.188%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$630.626% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.002%$0 on $10k
Price spread, last 3 days (all we have)+0.144%+$14 · spread now −0.188%, 7d avg −0.017%
Together, before fees+0.142%+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.171% cheaper against Phemex than usual: you would sell low and buy high (spread −0.188% now, against its 7-day average of −0.017%). If the spread goes back, that is −$17 on $10k: about 30 hours of funding at the current rate (+$14 a day).
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.002% in total (about -0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SUIUSDT1.0640−0.0351get 0.0351% / 8h7h 25m$11.9M$25.1M50x
ShortArcus SUI-USD1.06200.0100get 0.0013% / 1h25m 49s$47K$387K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Phemex. 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
$94.66
Price spread: −0.188% → −0.017%
−$17.06
Slippage, 4 orders
−$46.12
Fee Phemex: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$14.98
Costs to cover
0.626%
Break-even
5.9 days
Slippage from Phemex: live order book, 3 min ago; Arcus: live order book, 48 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 Phemex live order book, 3 min ago7.11 bp19.2 bp −$1933.2 bp −$332doesn't fitdoesn't fit
Sell Arcus live order book, 48 min ago4.82 bp9.0 bp −$924.7 bp −$247doesn'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−0.3416%1h1.0330−2.914%$42K$123K12xas long as short
Bluefin SUI-PERP−0.0571%1h1.0624−0.150%$610K$408K25xas long as short
Hibachi SUI/USDT-P−0.0440%1h1.0549−0.852%$6K$18K7xas long as short
Reya SUIRUSDPERP−0.0371%1h1.0614−0.245%$4K$3K20xas long as short
Phemex SUIUSDTlong−0.0351%8h1.0640long leg$11.9M$25.1M50x
dYdX SUI-USD0.0000%1h1.0595−0.420%$97K$169K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0596−0.409%$488K$4.9M2.5xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0002%1h1.0633−0.068%$123K150xas long as short
Kraken Futures PF_SUIUSD+0.0038%1h1.0646+0.056%$7.4M$23.9M50xas long as short
01 Exchange SUIUSD+0.0072%1h1.0619−0.197%$9K$9K10xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SUI+0.0096%1h1.0640+0.001%$822K$5.8M10xas long as short
Lighter RH SUI+0.0096%1h1.0642+0.015%$279K$2.0M10xas long as short
Popdex SUIUSDT+0.0096%1h1.0619−0.197%$30K$481K50xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0634−0.056%$48K$312K20xas long as short
Paradex SUI-USD-PERP+0.0100%8h1.0638−0.014%$28K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0617−0.214%$674K$1.4M10xas long as short
Aster SUIUSDT+0.0100%8h1.0637−0.029%$1.0M$4.8M75xas long as short
Pacifica SUI+0.0100%1h1.0601−0.364%$230K$253K10xas long as short
Binance SUIUSDT+0.0100%8h1.0638−0.020%$158.2M$1.02B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0636−0.038%$106.5M$304.6M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0634−0.056%$42.6M$392.5M50xas long as short
Arcus SUI-USDshort+0.0100%1h1.0620−0.188%$47K$387K10x
Bulk SUI-USD+0.0100%1h1.0564−0.712%$248K$1K10xas long as short
Gate SUI_USDT+0.0100%8h1.0635−0.047%$171.5M$81.3M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0634−0.056%$155.1M$295.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0636−0.038%$51.9M$52.6M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0630−0.094%$70.0M$166.2M75xas long as short
BingX SUI-USDC+0.0100%8h1.0633−0.066%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0641+0.009%$686K$1.1M20xas long as short
Variational Omni SUI+0.0100%8h1.0638−0.021%$2.4M$2.9Mas long as short
edgeX SUIUSDC+0.0100%4h1.0548−0.867%$171K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0526−1.071%$459K$7.3M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0560−0.752%$242K$479K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0625−0.141%$121K$752K10xas long as short
SunX SUI-USDT+0.0100%8h1.0646+0.056%$2K$1.9M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0637−0.028%$6K$2.3M10xas long as short
HTX SUI-USDT+0.0100%8h1.0636−0.038%$656K$18.7M75xas long as short
Extended SUI-USD+0.0104%1h1.0637−0.027%$1.5M$3.9M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0644+0.034%$40K$16K3xas long as short
Deribit SUI_USDC-PERPETUAL+0.0126%1h1.0639−0.009%$207K$582K25xas long as short
Coinbase International SUI-PERP-INTX+0.0200%1h1.0646+0.056%$992K$14.6M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0547−0.874%$8.1M$24.7M100xas long as short
Phoenix SUI+0.0299%1h1.0559−0.760%$209K$590K10xas long as short
Hyperliquid SUI+0.0407%1h1.0650+0.094%$77.4M$79.5M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0644% / S −0.0324%1h1.0634−0.056%$923K100xas long as short
Aftermath Perps SUIUSD+0.0900%1h1.0539−0.945%$76K$380K10xas long as short