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

SUI

all SUI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%
Price spread now: Phemex against Popdex+0.039%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$390.393% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.005%$0 on $10k
Price spread, last 3 days (all we have)−0.053%−$5 · spread now +0.039%, 7d avg +0.010%
Together, before fees−0.048%−$5 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 0.028% dearer against Popdex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SUIUSDT1.03630.0096pay 0.0012% / 1h18m 28s$31K$494K50x
ShortPhemex SUIUSDT1.03670.0100get 0.0100% / 8h6h 18m$11.6M$25.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against Popdex. 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: +0.039% → +0.010%
$2.81
Slippage, 4 orders
−$20.86
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$35.61
Costs to cover
0.393%
Break-even
303.8 days
Slippage from Popdex: live order book, 50 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 Popdex live order book, 50 min ago2.83 bp8.9 bp −$925.0 bp −$250doesn't fitdoesn't fit
Sell Phemex live order book, 6 min ago3.85 bp10.0 bp −$1023.5 bp −$235doesn't fitdoesn't fit

SUI on 45 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−0.4499%1h1.0236−1.226%$42K$123K12xas long as short
Hibachi SUI/USDT-P−0.0384%1h1.0379+0.153%$6K$19K7xas long as short
Reya SUIRUSDPERP−0.0372%1h1.0366+0.031%$4K$3K20xas long as short
dYdX SUI-USD0.0000%1h1.0380+0.164%$95K$171K10xas long as short
Kalshi KXSUIPERP0.0000%8h1.0369+0.058%$507K$5.1M2.5xas long as short
Deribit SUI_USDC-PERPETUAL0.0000%1h1.0366+0.029%$201K$578K25xas long as short
gTrade (Gains Network) SUI/USDL +0.0003% / S −0.0003%1h1.0360−0.029%$113K150xas long as short
Kraken Futures PF_SUIUSD+0.0012%1h1.0369+0.056%$6.8M$27.0M50xas long as short
Bluefin SUI-PERP+0.0075%1h1.0351−0.116%$592K$416K25xas long as short
Lighter SUI+0.0096%1h1.0393+0.290%$821K$5.7M10xas long as short
Show all 45 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SUI+0.0096%1h1.0388+0.238%$277K$2.1M10xas long as short
01 Exchange SUIUSD+0.0096%1h1.0361−0.019%$9K$3K10xas long as short
Popdex SUIUSDTlong+0.0096%1h1.0363long leg$31K$494K50x
Paradex SUI-USD-PERP+0.0100%8h1.0384+0.202%$27K$9K30xas long as short
Nado SUI-PERP+0.0100%1h1.0364+0.014%$749K$1.9M10xas long as short
Aster SUIUSDT+0.0100%8h1.0382+0.186%$912K$5.0M75xas long as short
Pacifica SUI+0.0100%1h1.0390+0.258%$227K$269K10xas long as short
Binance SUIUSDT+0.0100%8h1.0366+0.024%$151.6M$1.05B75xas long as short
Bybit SUIUSDT+0.0100%8h1.0368+0.043%$102.8M$312.8M50xas long as short
OKX SUI-USDT-SWAP+0.0100%8h1.0368+0.048%$41.0M$391.1M50xas long as short
Arcus SUI-USD+0.0100%1h1.0360−0.029%$44K$373K10xas long as short
Bulk SUI-USD+0.0100%1h1.0400+0.357%$245K$3K10xas long as short
Gate SUI_USDT+0.0100%8h1.0384+0.203%$164.3M$84.3M50xas long as short
MEXC SUI_USDT+0.0100%8h1.0377+0.135%$150.4M$300.1M300xas long as short
KuCoin SUIUSDTM+0.0100%8h1.0383+0.193%$51.7M$53.7M75xas long as short
Bitget SUIUSDT+0.0100%8h1.0364+0.010%$67.4M$171.6M75xas long as short
BingX SUI-USDC+0.0100%8h1.0371+0.077%$6.5Mas long as short
Backpack SUI_USDC_PERP+0.0100%1h1.0370+0.068%$692K$1.2M20xas long as short
Variational Omni SUI+0.0100%8h1.0378+0.141%$2.4M$3.2Mas long as short
edgeX SUIUSDC+0.0100%4h1.0373+0.093%$169K$4.7M20xas long as short
GRVT SUI_USDT_Perp+0.0100%8h1.0394+0.299%$449K$7.5M10xas long as short
ApeX Omni SUIUSDT+0.0100%1h1.0374+0.106%$237K$501K50xas long as short
Polymarket Perps SUI-USD+0.0100%1h1.0378+0.145%$120K$723K10xas long as short
Orderly PERP_SUI_USDC+0.0100%8h1.03630.000%$47K$250K20xas long as short
SunX SUI-USDT+0.0100%8h1.0373+0.096%$2K$1.8M30xas long as short
SoDEX SUI-USD+0.0100%1h1.0365+0.019%$7K$2.2M10xas long as short
HTX SUI-USDT+0.0100%8h1.0366+0.029%$644K$19.8M75xas long as short
Phemex SUIUSDTshort+0.0100%8h1.0367+0.039%$11.6M$25.8M50x
Extended SUI-USD+0.0104%1h1.0367+0.041%$1.5M$4.1M50xas long as short
Aevo SUI-PERP+0.0104%1h1.0369+0.055%$39K$16K3xas long as short
Coinbase International SUI-PERP-INTX+0.0152%1h1.0372+0.087%$995K$14.6M50xas long as short
Hyperliquid SUI+0.0157%1h1.0392+0.280%$74.5M$80.5M10xas long as short
Phoenix SUI+0.0221%1h1.0410+0.455%$206K$595K10xas long as short
GMX SUI/USD [ETH-USDC]L +0.0614% / S −0.0271%1h1.0359−0.035%$962K100xas long as short
Aftermath Perps SUIUSD+0.1060%1h1.0375+0.119%$79K$380K10xas long as short