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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.005%
Price spread now: Popdex against Phemex+0.077%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$500.501% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.133%−$13 · spread now +0.077%, 7d avg −0.015%
Together, before fees−0.135%−$13 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: Popdex is 0.092% dearer against Phemex than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SUIUSDT1.03450.0100pay 0.0100% / 8h4h 38m$11.9M$26.6M50x
ShortPopdex SUIUSDT1.03530.0096get 0.0012% / 1h38m 46s$40K$516K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$0.84
Price spread: +0.077% → −0.015%
$9.21
Slippage, 4 orders
−$31.68
Fee Phemex: 6 bp × 2 orders
−$12
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$41.71
Costs to cover
0.501%
Break-even
never at this rate
Slippage from Phemex: live order book, 5 min ago; Popdex: live order book, 20 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, 5 min ago2.88 bp11.4 bp −$1122.8 bp −$228doesn't fitdoesn't fit
Sell Popdex live order book, 20 min ago5.68 bp14.2 bp −$1431.1 bp −$311doesn'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%1h1.0320−0.242%$42K$123K12xas long as short
Reya SUIRUSDPERP−0.0375%1h1.0355+0.100%$4K$3K20xas long as short
Hibachi SUI/USDT-P−0.0296%1h1.0402+0.552%$6K$19K7xas long as short
dYdX SUI-USD0.0000%1h1.0353+0.077%$130K$227K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0366+0.200%$504K$5.0M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0343−0.019%$201K$574K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0353+0.081%$116K150xas long as short
Lighter SUI+0.0096%1h1.0358+0.126%$823K$5.5M10xas long as short
Lighter RH SUI+0.0096%1h1.0356+0.111%$300K$2.2M10xas long as short
Popdex SUIUSDTshort+0.0096%1h1.0353+0.077%$40K$516K50x
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex SUI-USD-PERP+0.0100%8h1.0362+0.161%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0351+0.058%$682K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0354+0.082%$906K$4.6M75xas long as short
Pacifica SUI+0.0100%1h1.0357+0.114%$224K$260K10xas long as short
Binance SUIUSDT+0.0100%8h1.0356+0.103%$151.0M$1.03B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0357+0.116%$102.4M$310.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0356+0.106%$41.1M$387.9M50xas long as short
Arcus SUI-USD+0.0100%1h1.0370+0.242%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0390+0.435%$244K$6K10xas long as short
Gate SUI_USDT+0.0100%8h1.0349+0.039%$165.9M$83.2M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0360+0.145%$154.3M$294.8M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0355+0.097%$49.7M$54.2M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0363+0.174%$67.7M$171.7M75xas long as short
BingX SUI-USDT+0.0100%8h1.0362+0.164%$82.4Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0343−0.019%$660K$1.4M20xas long as short
Variational Omni SUI+0.0100%8h1.0381+0.344%$2.5M$3.4Mas long as short
edgeX SUIUSDC+0.0100%4h1.0418+0.702%$170K$4.5M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0419+0.717%$451K$7.7M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0384+0.377%$232K$486K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0367+0.213%$123K$756K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.0342−0.029%$47K$190K20xas long as short
Bluefin SUI-PERP+0.0100%1h1.0334−0.106%$592K$401K25xas long as short
SunX SUI-USDT+0.0100%8h1.0385+0.387%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0344−0.010%$14K$2.1M10xas long as short
HTX SUI-USDT+0.0100%8h1.0344−0.010%$568K$19.7M75xas long as short
Phemex SUIUSDTlong+0.0100%8h1.0345long leg$11.9M$26.6M50x
Extended SUI-USD+0.0104%1h1.0359+0.134%$1.4M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0350+0.048%$39K$11K3xas long as short
01 Exchange SUIUSD+0.0120%1h1.0355+0.097%$9K$3K10xas long as short
Kraken Futures PF_SUIUSD+0.0163%1h1.0345−0.003%$6.8M$27.0M50xas long as short
Coinbase International SUI-PERP-INTX+0.0216%1h1.0356+0.106%$991K$14.9M50xas long as short
BloFin SUI-USDT+0.0220%8h1.0348+0.029%$7.9M$24.9M100xas long as short
Phoenix SUI+0.0390%1h1.0414+0.667%$211K$421K10xas long as short
Hyperliquid SUI+0.0412%1h1.0367+0.213%$75.3M$81.6M10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0614% / S −0.0267%1h1.0355+0.092%$957K100xas long as short
Aftermath Perps SUIUSD+0.1543%1h1.0402+0.549%$83K$396K10xas long as short